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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

Is It time For Structural Realignment Of RBI?

Is It time For Structural Realignment Of RBI?

Naagesh Padmanaban - March 17, 2018 3

Questions of over-invoicing coal imports by Adani refuse to go away

Time Adani is made accountable: Swamy. Raises doubts on huge Adani’s...

Team PGurus - March 6, 2018 2

Public sector banks bleed; taxpayer, customer pay

Public sector banks bleed; taxpayer, customer pay

Ravi Shanker Kapoor - March 4, 2018 4

Public sector banks are evil

Public sector banks are evil

Ravi Shanker Kapoor - February 22, 2018 5

The looters are nimble

The looters are nimble while our practices & laws are democratic...

Arvind Lavakare - February 21, 2018 5

Screenshot 2018 02 20 23 29 40 37

Conversation with Senior Banking Specialist on how Banking Security regulations and...

Team PGurus - February 20, 2018 9

The rot runs deep in the banking system and noted TV Commentator, Auditor and Author M R Venkatesh suggests a way out.

The rot runs deep in the Banking system and MRV suggests...

Team PGurus - February 20, 2018 5

Has Nirav Modi inadvertently unearthed another scam in procuring software?

Was PC behind the 25-fold procurement of Banking Software in PNBScam?

Sree Iyer - February 19, 2018 26

The #PNBScam threatens to rip the face off a cool bank defrauding scheme...

Is Nirav Modi #PNBScam the tip of the iceberg?

Team PGurus - February 18, 2018 13

RBI rejects Islamic Banking once and for all in India

RBI rejects Raghuram Rajan’s proposal for Islamic Banking. Says NO to...

Team PGurus - November 13, 2017 17

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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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