The Reserve Bank on Friday superseded the board of the city-based Abhyudaya Cooperative Bank on concerns emanating from "poor governance" and appointed an administrator to manage the affairs of the lender. In what can be seen as a step that should allay depositors' concerns, the central bank did not put any restrictions or moratorium on deposit withdrawals because of the comfort it gets on the bank's finances, according to people in the know. "(The) action is necessitated due to certain material concerns emanating from poor governance standards observed in the bank.
Anyone with such experiences could have been expected to turn fundamentalist. But Shaheen Kadri is anything but that.
'It is just that they are not in the limelight in a city like Mumbai.' 'It is not a lonely journey, but a tough journey for sure.'
Although much loved amongst the right wing in India, few Indians know of and about Pandit Madan Mohan Malaviya. Respected by Mahatma Gandhi, Malaviya was a long standing member of the Congress party, and was one of the founding members of the far-right party the Akhil Bharatiya Hindu Mahasabha. So here's a rundown of top ten things you didn't know about Madan Mohan Malaviya.
Cases across the country against defaulters who owe over Rs 1 crore each, reveal CIBIL data.