NEW DELHI (Reuters) - In late 2014, the knives were out for India's central bank governor Raghuram Rajan. Finance ministry officials were frustrated by his reluctance to cut interest rates to ...
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The Fall of Nirav Modi: From Forbes Rich List To Financial Ruin — His Bank Balance Today Will Shock You
New Delhi: Nirav Modi — once a shining light of India's diamond business — is now facing a dramatic downfall, losing his vast empire bit by bit. In yet another setback, the "disgraced" diamantaire ...
* Finmin dropped plan to trim central bank powers last week NEW DELHI, May 7 (Reuters) - Indian Prime Minister Narendra Modi sank his finance minister's plans to strip powers from the central bank ...
NEW DELHI/MUMBAI, Nov 18 (Reuters) - As Prime Minister Narendra Modi’s government turns up the heat on the Reserve Bank of India (RBI) governor to do its bidding ahead of next year’s general election ...
(Bloomberg) -- India is making good progress in dealing with bad loans that are weighing down on the country’s banks, suggesting long-term valuations for the financial industry are set to improve, ...
LONDON/NEW DELHI — Fugitive billionaire jeweler Nirav Modi, wanted by Indian authorities over a $2 billion loan fraud at state-run Punjab National Bank (PNB) was remanded in custody after appearing ...
The Punjab National Bank, looted by fugitives Mehul Choksi and Nirav Modi, ranks third on India’s largest defaulters list, with INR 2.59 lakh crore waiting to be recovered from large defaulters ...
NEW DELHI (Reuters) - India has asked authorities in Hong Kong to arrest jeweller Nirav Modi, one of the main suspects in a $2-billion fraud at state-run Punjab National Bank, the government said, ...
Central Bank Digital Currency: The Centre will launch a Central Bank Digital Currency (CBDC)-based food subsidy distribution pilot project under the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) in ...
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