National survey hints 42% respondents victims of financial frauds
Bank account fraud, fraud by fly-by-night e-commerce operators, credit and debit card frauds were found to be the major causes of the problem.
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U.K. signs off on Nirav Modi’s extradition
The jailed diamantaire can still appeal against the United Kingdom's home ministry's nod, but the prospect of him returning to India draws near.
Nirav Modi judgment points to extradition
British judge sees no barrier to fair trial in India; fallen diamantaire can appeal in two weeks.
The aftermath of greed
Pavan C. Lall’s book "Yes Man: The Untold Story of Rana Kapoor" is a lucid narrative of how one of India’s better-known bankers fell prey to wild ambition, and exposed the chinks in the system.
New scam at PNB will delay return to profits
A ₹3,800 crore fraud will demand more provisioning in the current year, and PNB may require further capital from the government if it needs to grow its business.
PNB’s road to recovery
A year after it was hit by the biggest banking scandal in the country’s history, PNB chief Sunil Mehta is steering the bank towards financial stability.
Public sector banks and the ‘scam cess’
Or how successive governments use taxpayer money to bail out an increasingly inefficient public sector banking system.
