RBI says Examining Enforcement Action; PNB Fraud Case

PNB Q3 Results

Gold Silver Reports (GSR) – RBI says Examining Enforcement Action; PNB Fraud Case — Replying to an RTI query, the central bank also said it has been issuing necessary instructions to banks from time to time on a variety of issues of prudential supervisory concern, including the management of operational risks inherent in the functioning of banks.                                   

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TPG Said to Pursue Stake in $500 Million Thai Fertility Hospital

Gold Silver Reports (GSR) – TPG Said to Pursue Stake in $500 Million Thai Fertility Hospital — TPG stepping up Asia health-care bets amid growing affluence – TPG is in talks to buy a stake in a Thai hospital specializing in fertility treatments, according to people with knowledge of the matter.                     

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Questions Yet To Be Fully Answered By ICICI Bank

Gold Silver Reports (GSR) – Questions Yet To Be Fully Answered By ICICI Bank — Towards the end of his brief statement, which mirrored the ICICI Bank board’s press statement issued yesterday, ICICI Bank Chairman MK Sharma listed a few questions received by bank from various media and offered some responses.

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Bitcoin Sinks Past $7,500 in Downbeat End to Dismal Quarter

Gold Silver Reports (GSR) – Bitcoin’s miserable quarter isn’t over yet. — The world’s biggest cryptocurrency by market value dropped more than 5 percent on Thursday, taking it below the $7,500 mark to the lowest level on a closing basis since early February, according to data compiled by Bloomberg. The slide took the token’s losses in 2018 to a whopping 48 percent, and other digital assets, including rivals Ripple and Litecoin, also fell.

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Need More Clarification, Says Hemindra Hazari

Gold Silver Reports (GSR) – Need More Clarification, Says Hemindra Hazari — The main question is “whether the board was aware that Chanda Kochhar’s husband has business dealings with the Videocon group,” said Independent Banking Analyst Hemindra Hazari.

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