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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

Need for automation and a robust credit appraisal system in Indian banking

Need for automation and a robust credit appraisal system in Indian...

Sudip Bhattacharyya - March 9, 2019 1

ICICI: Role of its Directors

ICICI: Role of its Directors

Sree Iyer - February 2, 2019 7

By continuing with a blacklisted SPP supplier De La Rue, did PC and some of his minions compromise the National Security?

De La Rue currency scam – How PC and a few...

Team PGurus - January 13, 2019 19

Selling the family jewels - Some thoughts on what to do with the RBI treasure

Selling the family jewels – Some thoughts on what to do...

R Balakrishnan - January 3, 2019 2

The level of sophistication that exists in hiding illegal wealth in tax havens has one more potent weapon - the trust

The Pretence of trust – P5 of our series on Tax...

Sree Iyer - December 22, 2018 1

Why is the fastest growing economy in the World not showing strength in its currency? Who is shorting it?

RBI needs to monitor the Rupee exchange (USDINR) rate closely

Sree Iyer - December 17, 2018 0

Was his trustworthiness that tipped the scales in favor of Das?

The inside story – Why did Modi pick Das for RBI...

Sree Iyer - December 14, 2018 20

Choice of a History Post-Grad with a questionable track record as the RBI Governor is an extremely poor choice

Controversial tainted officer Shaktikanta Das appointed as RBI Governor

Sree Iyer - December 12, 2018 28

At a critical time, when the national elections are less than six months away, it is critical that Modi choose the right person to head the RBI

Choose wisely, Mr. Modi

Sree Iyer - December 10, 2018 21

What if the transfer of money takes place in seconds? With full compliance of Know Your Customer (KYC) and Anti Money Laundering (AML)?

Connecting the World – through Digital Cash

Sree Iyer - November 23, 2018 4

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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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