The manner in which ABG Shipyard has defrauded public and private sector banks would put diamantaire Nirav Modi in the shade. Tamal Bandyopadhyay explains the modus operandi this biggest known case of bank fraud in India. Read it here
Ajay Shah traces how bank financing of firms has retreated in favour of equity, resulting in a respite from the twin balance sheet crisis. Read it here
The second edit says third-quarter corporate results shows that inflation is biting, which may slow the pace of economic recovery. Read it here
Surinder Sud