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Day after Khalid bail order, SC says against long pretrial jail

 The Supreme Court on Tuesday said prolonged incarceration of an undertrial, without commencement or reasonable progress of trial, cannot be countenanced, as it has the effect of converting pretrial......

India needs world-class banks; in talks with RBI, lenders: Sitharaman

 Finance Minister Nirmala Sitharaman on Thursday said the country needs big and world-class banks, and discussions are on with the Reserve Bank and lenders in this regard. Photograph: ANI Photo......

$6-Billion Foreign Bet on India's Private Banks

 Cleaner balance sheets, regulatory support and strong growth prospects helped Indian private banks attract over $6 billion in foreign capital, with more deals expected in 2026. Illustration: Uttam......

IDBI Bank financial bids expected by June

 The government and Life Insurance Corporation’s (LIC’s) strategic stake sale in IDBI Bank is expected to move to the second stage by the first quarter of FY24, said two people in the......

Privatisation of banks unlikely to hurt national interest: FM

 Finance Minister Nirmala Sitharaman on Tuesday allayed apprehension that privatisation of state-owned banks would hurt financial inclusion and national interest. Photograph: ANI Photo She said the......

IDBI Bank files insolvency plea against Zee

 IDBI Bank has moved the National Company Law Tribunal (NCLT) against Zee Entertainment Enterprises Ltd (ZEEL) seeking an insolvency proceeding against the media firm to recover dues of Rs 149.60......

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