CBI booked RRPR Holdings, the Roys, NDTV, ICICI Bank officials for allegedly causing bank loss of Rs 48 crore in 2017. Closure report comes after a 7-year-long investigation.
Both accounts were restored Saturday after the news agencies said earlier in the day that their main Twitter accounts had been locked, without specifying a reason for the suspensions.
The dogs will survive whatever orders are passed. But institutions are more fragile than we imagine. Once lost, the trust they embody takes generations to rebuild.
With bad loans shrinking & capital buffers stronger, urban co-op banks’ new umbrella body NUCFDC is now prioritising rollout of digital transformation.
If deal goes through, Greece will be 2nd foreign country to procure vehicle. Morocco was first; TATA Group has set up manufacturing unit there with minimum 30 percent indigenous content.
Many of you might think I got something so wrong in National Interest pieces written this year. I might disagree! But some deserve a Mea Culpa. I’d deal with the most recent this week.
The same CBI which is getting the flak ” caged parrot” of BJP Govt has given clean chit- so hereafter will Dot Alliance stop calling CBI ” caged parrot” .As far as allegations r concerned when Banks were saddled with NPAs and RBI was scrutinizing all NPA accounts, naturally some suspicion arose wrt benefit of Rs48 cr given to Roys by ICiCI bank.So CBI had to investigate.
It’s simple and plain abuse of power by the Union govt. The Roys can be many things but they most certainly are not corrupt. Just because they are on the opposite side of the ideological divide, the govt agencies went after them.
The process is the punishment. And they have succeeded as the Roys have been forced to sell NDTV to Adani.
The same CBI which is getting the flak ” caged parrot” of BJP Govt has given clean chit- so hereafter will Dot Alliance stop calling CBI ” caged parrot” .As far as allegations r concerned when Banks were saddled with NPAs and RBI was scrutinizing all NPA accounts, naturally some suspicion arose wrt benefit of Rs48 cr given to Roys by ICiCI bank.So CBI had to investigate.
It’s simple and plain abuse of power by the Union govt. The Roys can be many things but they most certainly are not corrupt. Just because they are on the opposite side of the ideological divide, the govt agencies went after them.
The process is the punishment. And they have succeeded as the Roys have been forced to sell NDTV to Adani.