Ravindra Marathe

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Ravindra Marathe - Total results - 7
Union minister Arun Jaitley is right; a witch-hunt can put even good bankers under fear psychosis
Business

Union minister Arun Jaitley is right; a witch-hunt can put even good bankers under fear psychosis

While erring bankers must be brought to book, a witch-hunt is no cure. Because bankers will , fearing investigation, go slow on lending to genuine borrowers, moves that will apply the brakes on the economic recovery

No RBI norm flouted in loans given to D S Kulkarni, say IDBI, Vijaya Bank
Business

No RBI norm flouted in loans given to D S Kulkarni, say IDBI, Vijaya Bank

IDBI Bank and Vijaya Bank on Tuesday said they have exposures to Pune-based real estate developer D S Kulkarni, which is facing multi-agency probe for illegal fund diversions, but the loans were sanctioned in compliance with the RBI norms

DSK Group fraud case: Court reserves order on Bank of Maharashtra MD & CEO Ravindra Mhatre's bail plea
Business

DSK Group fraud case: Court reserves order on Bank of Maharashtra MD & CEO Ravindra Mhatre's bail plea

Marathe and other top officials of Bank of Maharashtra were arrested last week in connection with a cheating case lodged against Pune-based builder D S Kulkarni, popularly known as DSK, and his wife Hemanti.

FinMin terms Bank of Maharashtra officials' arrests as 'aberration', not hounding bankers
Business

FinMin terms Bank of Maharashtra officials' arrests as 'aberration', not hounding bankers

Stating that the Bank of Maharashtra (BoM) incident should not be taken as bankers are being hounded, the finance ministry official said the state police action is not fair as well

Bank of Maharashtra-DSK loan row: Anguished bank union rallies behind management; seeks government help
Business

Bank of Maharashtra-DSK loan row: Anguished bank union rallies behind management; seeks government help

In an unprecedented move, the national bankers lobby, Indian Banks Association, on Friday unanimously rallied behind the arrested brass of the embattled Bank of Maharashtra saying the entire banking fraternity is "anguished" over the development

Bank of Maharashtra-DSK loan row: Shareholders and unions back arrested top officials
Business

Bank of Maharashtra-DSK loan row: Shareholders and unions back arrested top officials

At the annual general meeting on Thursday, the shareholders reposed their faith and confidence in the bank and its leadership team.

Bank of Maharashtra shares continue to fall for second straight session; crack over 7% hits 52-week low
Business

Bank of Maharashtra shares continue to fall for second straight session; crack over 7% hits 52-week low

Shares of Bank of Maharashtra continued to fall for the second straight session on Thursday, dropping over 7 percent to hit a 52-week low, following the arrest of its serving and a former CMD in a cheating case