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Fairfax will acquire the government and LIC’s combined 60.72% stake in IDBI Bank for Rs.52,877.07 crore, subject to regulatory approvals

IDBI Bank: Government & LIC disinvest 60.72% shares for Rs.52,828 crore to Canada Inc., a subsidiary of Fairfax

Team PGurus - October 14, 2026

Latest action follows years of regulatory restrictions and the cancellation of PPBL’s licence

RBI removes Paytm Payments Bank from list of scheduled banks

Sandeep Mistry’s arrest adds a new chapter to the long-running Nirav Modi investigation

PNB scam: CBI arrests Nirav Modi’s aide Sandeep Mistry after deportation from UAE

The FIR claims the borrower companies later defaulted, resulting in an alleged loss of over Rs.1,322 crore to LIC Housing Finance

CBI registers case against Subhash Chandra for cheating LIC Housing Finance for net worth hype to secure Rs 1,322-cr in loans

Public sector lenders have decided to challenge the NCLT order approving Subhash Chandra's repayment plan before the NCLAT

Banks to challenge NCLT’s order allowing Subhash Chandra’s repayment plan reduction from Rs.22,000 crore to Rs.6.25 crore

Govt clarified after it noticed in some cases that operating agencies are closing the SCSS account by treating it as premature closure

No premature closure of Senior Citizens’ Savings Scheme account on death:...

PGurus Newsdesk - September 29, 2022 0

The country crossed 6 billion transactions for the first time last month, logging 6.28 billion transactions worth Rs.10.62 lakh crore

UPI registers record transactions of 657 cr in August worth Rs.10.72...

PGurus Newsdesk - September 1, 2022 0

RBI issues advisories to people, alerting them against such fraudsters’ practices

Finance Ministry, RBI earmark measures to safeguard public from being defrauded...

PGurus Newsdesk - August 28, 2022 1

The research team discovered several domains with the same modus operandi and templates

SMS forwarding apps used to con bank customers in India: Cyber-security...

PGurus Newsdesk - July 14, 2022 1

SEBI relaxation to allow FPIs in commodity derivatives markets - Boon or Bane?

SEBI permits Foreign Portfolio Investors (FPIs) to participate in the exchange-traded...

Team PGurus - June 29, 2022 1

One thing GOI loves to do - tax its citizens… Have they put enough thought into this or is it the case of killing the goose that lays golden eggs?

Income Tax Department says buyer to deduct TDS on peer-to-peer Cryptocoin...

Team PGurus - June 28, 2022 0

With the MoU between NPCI International and Lyra Network, Indian tourists will be able to make seamless payments during their travel to France

India, France sign MoU; UPI, Rupay cards soon to be accepted...

PGurus Newsdesk - June 17, 2022 1

Mastercard can be everywhere you want it to be, again!

Reserve Bank of India lifts a yearlong curbs on Mastercard, allows...

Team PGurus - June 16, 2022 0

Avinash Bhosale has been accused of routing ill-gotten money through his Maharashtra-based real estate companies

DHFL-Yes Bank fraud case: ED issues notice to Avinash Bhosale to...

PGurus Newsdesk - June 2, 2022 0

Blaming it on a technical glitch, the bank said the issue was confined to certain accounts of some HDFC Bank branches

HDFC Bank customers in Chennai become ‘millionaires’ for few seconds due...

PGurus Newsdesk - May 30, 2022 2

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BOOKS

Why the race for chips and critical minerals is reshaping the global order

Book review: An introduction to the world of chips, microprocessors &...

A strongly critical response to Under a Saffron Sky and challenges the ideological framework through which it argues the book interprets India

Book review: Ismat Ara’s ‘Under a Saffron Sky’

Skip Farmer Power—You'll lose nothing. Read it—You'll lose your time

Farmer Power: An outdated ideology

An examination of how competing historical narratives, political ideologies and academic interpretations have shaped public understanding of India's past since Independence

Book review: Eminent historians exposed again

Keigo Higashino's 'Guilt' delivers a gripping crime mystery, while Sudha Murty's 'The Gopi Diaries' celebrates innocence, family and the timeless bond between humans and pets

Book review: One solves murders, the other steals hearts

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