After months of denying there was a liquidity problem, Governor Raghuram Rajan has reversed course.
The banks have asked the court to demand his return and to impound his passport.
The alleged fraud includes the use of fake bills.
RBI Governor Raghuram Rajan wanted to improve training for staff, through initiatives such as sending them to other central banks for short stints.
Tata Motors is seeking an image makeover with the curvaceous hatchback, Zica.
The government plans to inject a total Rs 70,000 crore into the lenders over four years
Home loans also pose lower bad-debt risks for the banks than corporate loans.
Traders suspect The Reserve Bank of India (RBI) bought bonds and actively intervened in the rupee to support sentiment.
ICICI Bank has the largest proportion of SDR loans as a percentage of its total, followed by state-run United Bank of India and Canara Bank.
The government needs to take positive action to reaffirm that story.
The changes would be the most ambitious overhaul to date of rules governing the liquidation or revival of companies in India.
Rupee and bonds weakened on Thursday after the US Federal Reserve signalled it may increase its policy rates at the next meeting in December.
Coffee Day Enterprises Ltd is backed by KKR & Co.
Forex market was closed on Thursday on account of Ganesh Chaturthi.
Across India, decades of mismanagement and political meddling have left utilities selling electricity below cost and turning a blind eye to rampant theft.
At the current market price of the stock, that stake would be valued at about $1.5 billion.
A total of 41 companies had applied for the permit
The spike at private sector lenders like ICICI Bank and Axis Bank follows a push to grab market share from India's dominant state banks.
The government plans to transfer all subsidies including food, fertiliser and kerosene, potentially taking direct payments to more than $60 billion.
Balance of payment stood at a surplus of $30.1 billion during January-March
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