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BANK BAIL OUT
In 1998, South Korea urged people to save the country from bankruptcy. Millions lined up with gold wedding rings and baby bracelets, raising $2.1 billion in just four monthsIn January 1998, millions of ordinary South Koreans voluntarily donated gold, including wedding rings and baby bracelets, to help their nat...- Ten reasons oil is still below $100 a barrelGlobal oil prices remain surprisingly low despite the ongoing war in Iran. China's drastic cut in oil imports is a major factor. Demand des...
- Fino Payments bank CEO Rishi Gupta resigns after 'fit and proper' clearance, interim chief extendedFino Payments Bank board accepted Rishi Gupta's resignation as MD and CEO. This decision came even after the board found him fit and proper...
- Court denies bail to DGCA Deputy DG after noting investigation at sensitive stage in corruption caseA Delhi court has denied bail to DGCA Deputy DG Mudavath Devula in a bribery case. The court cited the sensitive stage of the investigation...
- Former Yes Bank CEO Rana Kapoor, Sudhir Valia booked in a fraud case by the Mumbai PoliceMumbai Police have filed a fresh FIR against former Yes Bank co-founder Rana Kapoor and investor Sudhir Valia for an alleged ₹1,000-crore f...
- Court allows Jet Airways founder Naresh Goyal to travel to London for medical consultationA Mumbai court has permitted Jet Airways founder Naresh Goyal to travel to London for four weeks. Goyal, facing money laundering charges, s...
- Supreme Court slams 'nasty' Registry for not issuing notice to ED, says officials think they are 'super CJI'The Supreme Court has strongly criticized its own Registry. Judges accused Registry officials of acting like "super Chief Justice of India"...
- ED's arrests decline; highest-ever raids, attachments during FY26: Annual reportThe Enforcement Directorate saw fewer arrests in the last financial year. However, asset attachments reached an unprecedented Rs 81,000 cro...
- Indian Bank Q4 profit rises 5% to Rs 2,956 croreIndian Bank announced a 5% increase in net profit for the fourth quarter. The bank saw its operating profit rise and its gross and net non-...
- US-Pakistan tango: This risky double-game may dent Islamabad’s relations with Beijing, and also cause international humiliationIran's foreign minister refused to meet a US delegation in Pakistan, exposing Islamabad's risky diplomatic tightrope walk. This move, alleg...
- Government set to bail out IDBI as part of Rs 9,000 crore planWhile LIC, which is the majority owner of IDBI Bank, will have to cough up close to Rs 4,500 crore as its share, the government is expected...
- LIC-IDBI Bank deal: How life insurance companies invest your moneyFollowing the LIC-IDBI Bank deal, a look at its implications and the investment guidelines life insurers have to follow.
- Euro zone leaders postpone Greece bail out meetEuro zone leaders have postponed an emergency summit of the 17-nation euro group planned for this weekend on a second bail-out of debt-lade...
- Banks may get to bail out airlinesThe banking regulator has said that banks could change the terms under which they have lent to airlines, possibly throwing a lifeline to a ...
- Banks may bail out troubled airlinesThe Reserve Bank of India, or RBI, will consider a debt restructuring package for troubled airlines, if banks form a consortium and approac...
- 17 bailed-out banks overpaid executives: US TreasuryThe Treasury Department's compensation chief says 17 banks gave their top executives $1.6 billion in lavish payments while they were receiv...
- Bailed-out banks eye toxic asset buysCitigroup was considering whether to take part in the plan as a seller, buyer or manager of the assets, but no decision had yet been taken.
- Britain mulls fresh bail-out for banks: ReportsBritain is considering another bail-out for the country's banking sector, reports said Saturday, amid fears that October's multi-billion-do...
- EU approves British bail-out of mortgage bankEU on Wednesday approved Britain's nationalization of troubled financier Bradford and Bingley, the country's eighth biggest mortgage lender...
- No bail out package for PSU banks: GovtThe government on Tuesday said there would be no bail out package for public sector banks as they have emerged strong and even Punjab and S...
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