Shyamal Acharya

SBI panel to probe graft charges against deputy MD: All you need to know

CBI has registered a case against a Deputy Managing Director of State Bank of India, a former AGM of the bank and a businessman for alleged graft in disbursing loan of above Rs 100 crore. Here's all you need to know

Graft case: SBI sets up probe panel, asks Deputy MD to go on leave

SBI today said it has constituted an internal panel comprising two MDs to probe the corruption charge against its deputy MD Shyamal Acharya, who has been asked to go on leave a day after his residence was raided by CBI.

CBI files graft case against SBI Deputy MD Shyamal Acharya

CBI has registered a case against a Deputy Managing Director of State Bank of India, a former AGM of the bank and a businessman for alleged graft in disbursing loan of above Rs 100 crore.

Syndicate bank case: Court dismisses bail pleas of two accused

Special CBI judge Swarana Kanta Sharma rejected the bail pleas of Arun Aggarwal, who is alleged to be the Chief Financial Officer of Bhushan Power and Steel Ltd, and Vijay Pahuja, who according to the CBI was acting as an "agent" for receiving illegal gratification.

Why did banks wake up to Bhushan Steel's woes only post Syndicate Bank scam?

The question is: would banks have been this alert if the Syndicate Bank episode didn't actually take place?

Syndicate Bank scandal fallout: Govt could split CMD post in PSU banks

In an attempt to bring in accountability to the positions, the government is likely to transfer MDs if banks fail to perform.<br />

Public sector bank chief appointments: Why the rot runs a lot deeper

Bankers accepted money for wrongdoings through middlemen. In several cases bankers either offered loans to corporations violating prudential norms or facilitated illegal transactions involving huge amounts.

Syndicate Bank bribery scam: Here's the who, what and how of the case

Syndicate Bank scam: CBI may widen corruption probe after SK Jain's arrest

A committee appointed by the central bank in May termed corruption in state banks a major "public policy concern", and recommended the federal government cut its stake in these banks to below 50 percent.<br />

Vijay Mallya to Vinod Kambli: How Syndicate Bank-like scams can be avoided

We have mollycoddled industrial loans long enough. It is time we read the riot act to our industrialists. Jaitley does not have to legislate afresh. He must ask banks to dust up Securitization Act, 2002.