The alleged fraud includes the use of fake bills.
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.
Fiscal outlook to be little bit challenging next year: CEA
Traders suspect The Reserve Bank of India (RBI) bought bonds and actively intervened in the rupee to support sentiment.
India is more insulated to Fed-related volatility than other emerging markets due to its better economic fundamentals
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.
India's central bank kept its key repo lending rate unchanged at 6.75 percent on Tuesday.
The changes would be the most ambitious overhaul to date of rules governing the liquidation or revival of companies in India.
S&P expects India to grow at 7.4 per cent in 2015, similar to the central bank's forecast for the fiscal year ending in March.
Coffee Day Enterprises Ltd is backed by KKR & Co.
A Reuters poll showed only one out of 51 economists had expected a 50 basis points rate cut.
Across India, decades of mismanagement and political meddling have left utilities selling electricity below cost and turning a blind eye to rampant theft.
Lending rates have to be sensitive to the policy rate, says RBI.
At the current market price of the stock, that stake would be valued at about $1.5 billion.
The rupee has fallen more than 2 per cent against the dollar since the yuan devaluation
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.