India

6 entries

Air India

Corporate RestructuringAirline2012

Air India accumulated massive losses after its 2007 merger with Indian Airlines. The combined airlin...

Axis Bank Fraud

Regulatory ShutdownFraud2018

Axis Bank, one of Indias largest private banks, faced a major fraud investigation in 2018. Employees...

Punjab National Bank

Regulatory ShutdownFraud2018

Punjab National Bank, Indias second largest public sector bank, disclosed a 1.8 billion fraud in Feb...

Yes Bank

Corporate RestructuringBank Failure2020

Yes Bank, Indias fourth largest private bank, was rescued by the Reserve Bank of India in March 2020...

ILFS

Corporate BankruptcyInfrastructure2018

Infrastructure Leasing and Financial Services, a major Indian infrastructure financing company, defa...

DHFL

Corporate BankruptcyHousing Finance2019

Dewan Housing Finance Corporation defaulted on its debt in 2019. DHFL was one of the largest housing...