Tag: loan fraud
Ackman Warns Banks Face Too Much Liability Exposure on Adani Deal-...
In the most recent $2.5 billion IPO by Gautam Adani, his investors gave him a thumbs up, still assessing how Adani is exposed to...
PMC bank scam: Police arrested former bank director
The Special Investigation Team of Mumbai Police's Economic Offenses Wing (EOW) in the PMC Bank scam has arrested former PMC Bank Director Surjit Singh Arora on Wednesday after questioning him in connection with the scam. This is the fifth major arrest in the scam. Earlier, former PMC bank chairman Varyam Singh, managing director Joy Thomas and HDIL owners Rakesh and Sarang Wadhawan were arrested.
