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Idbi Bank M S Raghavan

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Bank fraud touches unprecedented Rs 71,500 crore in 2018-19: RBI

As many as 6,801 cases of fraud were reported by scheduled commercial banks and select financial institutions involving an amount of Rs 71,542.93 crore in the last fiscal. Illustration: Dominic......

Of Sudarshan Chakra, Shishupal, and PSU banks

Does the Union government or the RBI see itself as Krishna beheading Shishupal and what will constitute the 101st or indeed the past many sins for which a Sudarshan Chakra will have to be used?......

Rate cut in line with expectations; there's room for more reduction

Aggressive rate cuts are not possible in this year because they have already signed the MoU with the RBI on flexible inflation targeting.  The Reserve Bank of India cut its repo interest rate......

Banks set for lending rate action this week

SBI, IDBI Bank among a host of lenders holding asset-liability panel meets Days after the Reserve Bank of India lowered the repo rate in a surprise move, banks have set the ball rolling for a......

Banks pile pressure on Mallya over airline loans

Lenders are increasing pressure on liquor baron Vijay Mallya to facilitate repayment of the debts of his Kingfisher Airlines, which has not flown since 2012 and owes more than $1 billion to a......

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Coming to India and making

Success in manufacturing is not just about being cheap - cheap labour, cheap land, cheap power...
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