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Icici Bank Executive

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CBI files 3 fresh FIRs against Mehul Choksi in Rs 6,700-cr PNB fraud case

The Central Bureau of Investigation has filed three fresh FIRs against absconding diamantaire Mehul Choksi on a complaint from the Punjab National Bank bringing to light an additional Rs 6,746......

ED raids 26 locations in ABG Shipyard bank fraud case

The Enforcement Directorate on Tuesday raided multiple premises in Mumbai, Pune and Surat in connection with a money laundering probe against ABG Shipyard Ltd in an alleged Rs 22,842 crore bank......

Bank fraud: ED registers money laundering case against ABG Shipyard

The Enforcement Directorate has registered a criminal case of money laundering against ABG Shipyard Ltd, its former promoters along with others for allegedly cheating a consortium of 28 banks of......

Vedanta demerger gets nod from majority of creditors, including SBI: Official

Mining conglomerate Vedanta Limited has received approvals from the majority of its creditors for a proposed demerger of businesses, marking an important step in the company's plan to split into......

Investors richer by Rs 13.78 lakh cr in exit poll rally

Investors' wealth jumped Rs 13.78 lakh crore on Monday as the benchmark equity index Sensex hit its lifetime high after exit polls predicted a massive win for the BJP-led NDA in the Lok Sabha......

BSE calls off merger of GIFT City unit with NSE

The stock exchange BSE has called off the merger of its unit at the Gujarat International Finance Tec-City International Fina­ncial Services Centre (GIFT IFSC), India International Exchange......

Why Foreign Financial Firms Quit India

There was no smooth surge in middle class prosperity for foreign businesses to tap into because of the Indian economy was mismanaged, argues Debashis Basu. Photograph: Nick Zieminski/Reuters Among......

Banking industry doyen N Vaghul dies at 88

Veteran banker N Vaghul, who led the transformation of ICICI into a private sector lender, died on Saturday afternoon due to health complications. He was 88. Vaghul took over the reins of ICICI,......

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