Banking sector

CBI charge sheets Anil Ambani, Rana Kapoor in Yes Bank -ADA Group Fraud case

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CBI charge sheets Anil Ambani, Rana Kapoor in Yes Bank -ADA Group Fraud case

New Delhi, 18 September (IANS) Central Investigation Bureau (CBI) filed a charge sheet in two cases related to alleged cheating transactions between Anil Ambani -led ADA group companies and Yes Bank, including former MD and CEO of Ambani and Yes Bank, Rana Kapoor and his family members. According to the agency, the investigation revealed that … Read more

Hedge Fund, PE Executives In Running For Lebanon Monetary Chief

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(Bloomberg) — A private-equity specialist along with a senior lawyer and a hedge-fund manager are in the running to become Lebanon’s central-bank governor, a critical appointment needed to fix the troubled banking sector and its multi-billion dollar deficit. It’s the first change of guard at the central bank in more than three decades after Riad … Read more