Backed by Nationalised Banks, How Ramdev’s Patanjali got Rich Through Ruchi Soya
The way Patanjali acquired Ruchi Soya is an instructive example of nationalised banks, regulatory institutions and tribunals enabling massive wealth accumulation.
SBI
RBI Hike in Banks’ Group Exposure Limit to Benefit Reliance
The decision of the central bank and banking regulator to increase the group exposure limit that banks have in calculating the quantum of loans given to a particular corporate conglomerate as a proportion of the total loans given by the specific bank, will benefit India’s biggest private company, Reliance Industries Limited. This is the fifth article in a series.
Jio Payments Bank and SBI: A Camel Inside A Tent
Are there clear conflicts of interest in the joint venture between SBI and Jio Payments Bank? With over Rs 1 lakh crore of foreign investments in Reliance Jio, bankers are expressing concern about the security implications of the investments for SBI and Jio Payments Bank. This is the seventh article in a series.