'Every government agency, whether its taxation department or investigative agency, wherever he has violated law, is going to take strong action'
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Britain's largest government-owned bank Royal Bank of Scotland has announced plans to cut 448 investment banking jobs in the UK and move two-thirds of those to India
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Bangladesh Bank is working with anti-money laundering authorities in the Philippines, where it suspects the stolen $81 million arrived in four tranches
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Declining to make a specific comment on the Mallya case, the former finance minister said he does not have the exact details
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Unconventional monetary policies of central banks in Europe and Japan received an endorsement from the International Monetary Fund on Sunday, even as policymakers from emerging markets warned that such policies were increasing risks for the global economy
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Reserve Bank of India governor Raghuram Rajan called on Saturday for global central banks to adopt a system for assessing the wider impact of their actions, including unconventional monetary policies now in use
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IBCC will recommend Yes Bank as the preferred bank to Brazilian companies looking to do business in India
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The state-run banks whose ratings have been downgraded are Bank of India, Central Bank of India, Corporation Bank, Dena Bank, IDBI Bank, Indian Overseas Bank, Syndicate Bank and Uco Bank
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