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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

The selection process for a Deputy Governor of RBI for Commercial Banking has started all over again

Why the delay in the selection of Deputy Governor?

Sree Iyer - April 27, 2018 4

The Dy Governor of RBI is too important a post to be left in the hands of Babus

Who should be the next Deputy Governor of RBI?

Sree Iyer - April 23, 2018 10

Chat With M R Venkatesh On The Health Of The Private Banks Of India

Chat with M R Venkatesh on the health of the Private...

Sahil Mishra - April 13, 2018 2

An explainer to the panel discussion on NPAs on NewsX today

How do NPAs become monsters?

Sree Iyer - April 13, 2018 4

NewsX NPA Campaign Videocon Group Lightens Under The Scanner Of Investigative Agencies YouTube.MP4 000314981

ICICI Kochhar scam – RBI can probe Kochhar under Prevention of...

Sahil Mishra - March 30, 2018 2

Chairpersons of Private Banks are the same as those of Public Servants and RBI must act quickly in the case of ICICI

SC had ruled that Chairpersons of private banks are public servants

Sree Iyer - March 30, 2018 1

The ICICI PR skirts around the primary question of an allegation of a bribe

ICICI Bank says only 10% exposure to Videocon loans. Praises Chanda...

Team PGurus - March 28, 2018 11

Investigative agencies are honing in on dubious loans sanctioned by Chanda Kochhar

ICICI Bank head Chanda Kochhar and husband on the radar of...

Team PGurus - March 25, 2018 51

RBI GOVERNOR IS HIDING HIS INSTITUTION’S LEGAL POWERS IN ACADEMIC PRINCIPLES

RBI GOVERNOR IS HIDING HIS INSTITUTION’S LEGAL POWERS IN ACADEMIC PRINCIPLES

Arvind Lavakare - March 20, 2018 1

While PNB issued 19,512 LoUs during 2011-2014, it issued 21,666 since the time NDA is in power

LoUGate refuses to go away – PNB kept issuing them even...

Team PGurus - March 20, 2018 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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