CII wants FIs to fund overseas investments
Confederation of Indian Industry on Tuesday urged the finance ministry to allow Indian financial institutions to fund investment requirements of wholly-owned subsidiaries and joint ventures set up by Indian companies overseas.
Probe reveals fund diversion from BoR
Saga of Bank of Rajasthan mismanagement has entered a new phase with an enquiry by the CBI revealing diversion of Rs 69.155 crore to the group/front companies of former BoR promoter Bangurs.