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Sahara Credit Cooperative Society

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'I will kill my family and myself'

 "I lost everything, Vithalbhai. Please help me. Otherwise I will kill my family and myself."Ketan Anuwadia, 39, wrote this in his eight-page suicide note in Gujarati, copies of which he sent to his......

Over Rs 86,600 crore fraud probe against Sahara

 All four societies were under common management of the Sahara group and had collectively garnered Rs 86,673 crore, including more than Rs 47,000 crore collected by Sahara Credit Cooperative Society......

'Bandhan should not fall for corporate banking'

 IMAGE: Union Finance Minister Arun Jaitley lights the ceremonial lamp as Reserve Bank of India Deputy Governor H R Khan (extreme left), Chandra Shekhar Ghosh (middle) and West Bengal Finance......

India to crack down on savings scams as Modi backs banking for all

 India does not have a unified regulatory regime to counter Ponzi, or pyramid, schemes whose operators typically grab new deposits to meet their promise of guaranteed returns to existing savers,......

Sahara uses small savers to keep hill resort afloat

 Sahara has ploughed at least Rs 1,500 crore from two of its credit cooperatives into the Aamby Valley resort project India's embattled Sahara conglomerate has been funnelling cash from small......

Savers in dark over Sahara's latest shadow banking schemes

 Sahara and its founder Subrata Roy have been under scrutiny for years over its financial products, including for possible money laundering In 2004, Khitish Kumar Pandey took Rs 10,000 ($150) out......

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