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Idbi Bank And United Western Bank

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Nirav Modi has been dethroned!

If there were an Olympics for bank frauds in India, Rishi Agarwal, founder and former chairman of ABG Shipyard Ltd, a nephew of the Ruia brothers of the Essar group, would bag the gold, pushing......

Decade on, Jaypee Infratech customers still waiting for a home

Booked between 2007 and 2011, out of the total 32,700 residential units under various Jaypee Infratech projects, at least 20,000 homes are yet to be delivered. Illustration: Uttam Ghosh/Rediff.com......

RBI caps withdrawals from Yes Bank; supersedes board

If successful, this will be the first major instance in many years where a private sector lender will be bailed out using public money, with the first instance being Global Trust Bank's......

RBI plans to put weak private lenders under the hammer

The banking regulator is seeking an early exit mechanism for private banks under Prompt Corrective Action. In a first, the Reserve Bank of India (RBI) is planning to auction private sector banks......

How old private banks are reinventing themselves

Unlike in the past, when old private banks compromised upon underwriting standards to take on the bulk, they’ve now realised that scaling up at the cost of quality isn’t worth the......

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