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Sebi slaps Rs 25 crore fine on Yes Bank in AT-1 bonds case

Markets regulator Sebi on Monday imposed a penalty of Rs 25 crore on Yes Bank in the matter of misselling the lender's AT-1 bonds few years ago. Besides, the watchdog has imposed a fine of Rs 1......

Will PMC Bank find salvation?

Mired in corruption, politics and with a history of suicides by its hapless depositors, PMC Bank's revival is a challenge very different from Yes Bank and LVB, both for the regulator and the......

Questions to ask about the Bad Bank

Why do we need a bad bank, owned by the banks themselves when there are at least 28 ARCs around, asks Tamal Bandyopadhyay. Illustration: Uttam Ghosh/Rediff.com   The headache over recovery of......

Is Yes Bank out of the woods?

'Infusion of fresh capital, handsome growth in deposits and focus on recovery should bring Yes Bank back on the growth path in the next financial year,' observes Tamal Bandyopodhyay. Photograph:......

Lakshmi Vilas Bank had dug its own grave

Its obsession for growth, chasing corporate clients and giving up its original mandate of meeting the needs of local trade and businesses. A quarter of its loan book has gone bad.That's an error of......

BCCI decides to expand IPL, DC's fate in court's hand

With the BCCI-Deccan Chargers stand-off now becoming a legal battle, the Board Of Control For Cricket In India on Saturday decided to add a new team for the coming IPL season while leaving it to......

No relief for Deccan from Mumbai HC: BCCI

The Board Of Control For Cricket In India on Saturday denied media reports that Deccan Chargers franchise has got a stay order against its termination from the Indian Premier League, saying that......

BCCI justifies decision to terminate Deccan contract

The BCCI on Saturday sought to justify the decision to terminate the IPL contract of debt-ridden Deccan Chargers, saying it was compelled to take action after the beleaguered franchise claimed that......
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