| NewsClick

You deserve independent, critical media. Subscribe and Support

Paranjoy Guha Thakurta, Jyotindra Dubey, Sourodipto Sanyal
The Curious Case of Cox & Kings
04 Jun 2021
A two-and-a-half-century-old travel agency is bankrupt. Its promoter Peter Kerkar is behind bars for allegedly defrauding banks.
Prudhviraj Rupavath
DHFL Scam: SEBI Takes Action Against 12 DHFL Promoters for Fraudulent Transactions
23 Sep 2020
A transaction audit report by Grant Thronton has revealed a hole worth Rs 14,046 crore in DHFL books as of June 30, 2020.
Prudhviraj Rupavath
Punjab National Bank Delayed Red Flagging Rs 3,688 Crore DHFL Loan as Fraud
10 Jul 2020
The bank’s revelation comes at a time while forensic audit of DHFL books is ongoing alongside the company’s resolution process.
NCLT Grants Jet Airways Insolvency More Time as Bidders Lag Behind Amid Concerns
20 Mar 2020
In Jet Airways’ case, delay in resolution has been prompted by few aircrafts in possession and an uncertainty over the slots previously possessed by the company.
Newsclick Report
ED Probes Yes Bank’s Links with Bankrupt Companies Under PMLA
17 Mar 2020
Besides allegations of money laundering by Yes Bank’s top administration, the other reasons behind its collapse was the bank’s practice of lending higher amounts of loans by taking shares as…
Newsclick Production
‘Ms Sitharaman, Don’t Blame Banks for Your Mistakes’
17 Mar 2020
In a purportedly leaked audio clip circulated on social media, Union Finance Minister Nirmala Sitharaman can be heard blasting at the State Bank of India (SBI) chairman in a meeting held in Assam…
PTI
Yes Bank Money Laundering Probe: ED Summons Anil Ambani
16 Mar 2020
ADAG group companies are among the big entities whose loans allegedly went bad after borrowing from the crisis-hit bank, then headed by Rana Kapoor.
PTI
MSc Math Student is Getting Sweeper's Post, Says DMK Member on Unemployment in India
16 Mar 2020
Rahul Gandhi raises issue of bad loans in Lok Sabha, uproar in House
Newsclick Production
Yes Bank: Long Tale of Banking Crisis
15 Mar 2020
In this episode of 'Itihaas Ke Panne', senior journalist Nilanjan Mukhopadhyay talks about the Yes Bank crisis and the history of the banking sector in India.
Pulkit Sharma
Banks Wrote Off Rs 6,60,000 Crore Worth Bad Loans Since Modi Came to Power
15 Mar 2020
The quantum of loans that were written off amounts to half of the total non-performing assets or bad loans that were recorded in the financial books of banks, shows RBI data.