Nikhil Inamdar & Archana Shukla
BBC News, Mumbai
“This is unprecedented,” says Hemindra Hazari, an independent business analyst. “Until yesterday it was allegations from the outside, now internal problems have become public. Something is seriously wrong.”
But things could take a turn for the worse if the controversy snowballs further, says Mr...
Yashwant Sinha, Prashant Bhushan and others on Cobrapost’s Expose on what they claim is “India’s biggest financial scam.’Posted by The Quint on Tuesday, January 29, 2019
An investigation by Cobrapost claims, Dewan Housing Finance Corporation Limited (DHFL) through layers of shell companies allegedly siphoned off Rs 31,000 crore out of total bank loans...
The second such case at SBI puts the auditors' role under scanner; SBI becomes the 10th bank to falter in reporting non-perfoming assets based on RBI guidelines
BY SALIL PANCHAL, Forbes India Staff 2 min read PUBLISHED:
Dec 13, 2019 03:30:20 PM IST UPDATED: Dec 13, 2019 06:04:59 PM IST
The role of auditors on...
Experts say the appointment of an additional director on its board is RBI's way of having its eyes and ears in the bank
BY SALIL PANCHAL Forbes India Staff2 min read PUBLISHED: May 22, 2019F
Rama Subramaniam GandhiImage: Aniruddha Chowdhury / Mint Via Getty ImagesIn an unprecedented development for Yes Bank, Rama Subramaniam Gandhi,...
By Meryl Sebastian, BBC News
Article can be read here
NEW DELHI — Prime Minister Narendra Modi's unhealthy obsession with the World Bank's Doing Business ranking hijacked India's reform agenda over the course of the Bharatiya Janata Party (BJP) government's four-year tenure, according to hundreds of pages of meeting minutes, interviews with key players and official correspondence reviewed by HuffPost India.
The documents...