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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

A contrast of CBI filing charge sheets - 50-days to file one on the Whistleblower in NDTV frauds and years have gone with nothing against NDTV

Why is CBI not filing a charge sheet against NDTV’s Prannoy...

Team PGurus - June 25, 2020 15

As FM P Chidambaram exploited the 2008 Financial crisis to the hilt in dispensing huge loans with large kickbacks

Sky-rocketing NPAs since FY2008: Role of P Chidambaram

Team PGurus - April 28, 2020 16

The dominoes keep falling as CBI charges Rana Kapoor, wife in a sham Lutyens Land deal

CBI books Yes Bank’s Rana Kapoor, wife and Industrialist Gautam Thapar...

Team PGurus - March 14, 2020 6

The saga of Yes bank would start with Rana Kapoor's first crime betrayals of his friend and colleague and becoming undisputed king aka emperor.

Yes Bank – A Shakespearean tragedy

Indradeep Khan - March 9, 2020 3

Union Cabinet has given a go-ahead for Bank merger, 10 Public Sector Banks to turn into four big banks.

Public Sector Banks Merger … Will it work to succeed?

Natraj Shetty - March 7, 2020 1

Failures like that of Yes Bank do not happen in isolation and inaction on part of the Government in tracking illegal profits stashed abroad are beginning to hurt

Saga of Yes Bank: Why you need a competent Finance Minister

Sree Iyer - March 6, 2020 12

Only Chanda Kochhar has been investigated for taking bribes in the Rs.40,000 cr Videocon loan - will others follow?

How was the former ICICI Bank head Chanda Kochhar caught for...

Sree Iyer - January 12, 2020 16

Chanda Kochhar and her husband find themselves stripped of several assets as ED moves to attach them

ED attaches Rs 600 crores assets of ex-ICICI Bank Chairman Chanda...

Team PGurus - January 11, 2020 6

Normally, the RBI initiates the action after regulatory supervision exposes wrongdoing and if it feels that the financials are weak for it to continue.

PMC Bank and the present status of operation and supervision of...

Sudip Bhattacharyya - November 11, 2019 0

Was it over-optimistic on part of banks to recover RCom's 37,000 crore dues? NCLAT raps them on the knuckles.

NCLAT slams banks for giving a false impression on recovery of...

Team PGurus - March 11, 2019 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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