SBI

SBI fraud: 8 bank officials, Harshad Mehta's brother acquitted

According to the prosecution, the bank's officials in collusion with the Mehta brothers entered into a conspiracy to cheat SBI Caps, the investment banking branch of the country's largest lender, to the tune of Rs 105 crore in the sale and purchase transactions of securities from 1991 to 1992. Nov 7, 2018
Raghuram Rajan

Raghuram Rajan defends RBI call for autonomy

Former Reserve Bank of India Governor Raghuram Rajan defended the central bank's call for greater autonomy from the government, saying ultimately the nation stands to benefit from an independent and robust RBI. Nov 6, 2018
kim

South Korea gets waiver from US sanctions on Iran

There have been reports that US President Donald Trump has exempted eight major oil importers from complying with the Iran nuclear sanctions regime, but no country has yet confirmed it officially. Nov 6, 2018