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.
Money Market
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CBI Registers Three FIRs In Rs 743 Crore Bad Loans In IDBI Bank
Gold Silver Reports (GSR) – Bad Loans In IDBI Bank — The agency has named three accused persons–BK Sahoo, retired deputy general manager of the bank, R Damodaran, and the then DGM Battu Rama Rao–who are common in all the three First Information Reports.
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.
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.
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.
Need More Clarification On The Videocon Transaction, Says Hemindra Hazari
Gold Silver Reports (GSR) — Need More Clarification On The Videocon Transaction, 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.
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.