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Raids in ministries exposes racket of selling documents to corporates

 Busting a major ring of a well known chartered accountant and government servants, Central Bureau of Investigation has registered a case of alleged sale of confidential documents related to foreign......

Indusind Bank says whistleblower claims baseless

 Terming whistleblower allegations on loan evergreening as "grossly inaccurate and baseless", Indusind Bank on Saturday admitted to have disbursed 84,000 loans without customer consent in May owing......

Banks await RBI approval for appointing second whole-time director

 More than half a dozen private-sector banks are awaiting regulatory approval for the appointment of a second whole-time director on their boards. Photograph: Ajay Verma/Reuters In a notification......

NCLT admits insolvency proceedings against ZEEL

 The National Company Law Tribunal has admitted an Indusind Bank plea for insolvency proceedings against Zee Entertainment Enterprises Limited (ZEEL). The division bench of judicial member H V......

IT, pharma stocks drag Sensex down by 413 points

 Benchmark indices Sensex and Nifty gave up early gains to close in negative territory on Thursday dragged down by IT and pharma stocks which fell amid fears of recession in the global economy.......

HDFC Bank's Kaizad Bharucha took home the most among bankers in FY22

 Kaizad Bharucha, executive director of HDFC Bank, emerged the highest earning banker for 2021-22 (FY22). Photograph: Courtesy, NSE via Facebook This was revealed in a remuneration assessment of......

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