2025-07-03Niranjan Ghatule
This article discusses the recent move by the State Bank of India (SBI) to declare Reliance Communications’ loan account as fraudulent, and its decision to report Anil Ambani’s name to the Reserve Bank of India (RBI). It covers the background of the loan, previous legal developments, and the ongoing insolvency proceedings related to the company.
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2025-05-20Niranjan Ghatule
Emirates NBD has received approval from the Reserve Bank of India to set up a wholly-owned subsidiary in India, a move that could significantly impact the ongoing IDBI Bank stake sale. With the government and LIC planning to divest a 60.72% stake, Emirates NBD is now seen as a strong contender, especially as regulatory concerns weigh on rival bidder Fairfax
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