The agency is carrying out searches at 10 locations-- eight of them in Delhi and two in Mumbai -- in this connection

During the questioning of Bansal, CBI had got to know about his role in facilitating similar arrangements for corporates with other banks,

SK Jain, arrested chairman & MD of Syndicate Bank, had extended undue favours to “various private companies & corporate groups”, said CBI

In many instances, the middlemen aren’t chartered accountants or nonbankers but retired PSB honchos who know the ins and outs of the loans ...

Ranjit Sinha told ET that the phone tap transcripts with CBI do reveal that Bansal was also in touch with other public sector banks.

"We will look into the process of Jain's appointment to see what had made him the preferred candidate for the top job," said a senior offic...

An investigation was carried out after it emerged that LIC bought shares of some firms at higher prices and sold them at considerably lower...

Quiet, unassuming and affable, Pawan Bansal's appearance and pleasantries masked his unbelievable risk appetite and aggression.

Our internal estimate is a sub-7% number at 6.5%, which will act as a positive trigger for the bond market.

The infra offer is also seen to have tipped the scales in favour of the Jindals.

Mr Sharma is said to have befriended an official at a retail broking house which was then just beginning to spread its wings.

Domestic stock market, the euro and global risk appetite have been driving the rupee in recent times. Money markets face another week of li...

Indian banks will soon be able to invest in local corporate bonds without worrying unduly about a default or of exceeding borrowing limits.