• SENSEX
    NIFTY 50
Finance

A few good men in banking come under the scanner

Updated : April 30, 2018 07:09 AM IST

The CBI has named 15 senior bankers of IDBI Bank in the case of two loans sanctioned in 2010 and 2014 to two companies belonging to the Sivasankaran group.
Any banker placing his bet on Aircel in 2010 or in 2014 can hardly be accused of “causing damage” to public money because the telecom operator then was in a radically better shape then.
The fear among bankers is that lately the pattern appears to be to arrest a few bankers before every major election and these ridiculous instances of over-reach by investigating agencies are also having a deleterious impact on public sector banks.
A few good men in banking come under the scanner

You May Also Like

Live TV
Advertisement