The entire fraud surfaced on March 23, 2021, when chief vigilance officer of the bank Durgadas Rege received inputs from a whistleblower about executives from Mumbai credit card sales unit - Ansari Wahid and Sumit Jaiswal -accepting kickbacks from direct selling agents.
RBL Bank shares hit the lower circuit of 20 per cent on the stock market on Monday after some sudden developments spooked investors. Here is all you need to know.
A Tyler Harvey floater with 2.8 seconds remaining has extended the Illawarra Hawks undefeated start to the NBL season in a 97-96 double-overtime home win over the New Zealand Breakers.
New Zealand Breakers to set up NBL home in Tasmania
The New Zealand Breakers are set to play home games out of Launceston later this season as their nomadic NBL existence continues.
The Breakers have been in Australia since late last year. They were first based in Melbourne before a move to Hobart, and then returned to Melbourne for the ongoing NBL Cup.
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It is hoped COVID-19 restrictions will ease and they will be able to return to play in New Zealand later this season, but in the meantime Launceston s Silverdome will be home for up to six games from next month.
Our Roundtable is back to answer some of those burning questions.
Currently at 6-0 going into the hub, is Melbourne United far and away the best team in the NBL?
Olgun Uluc: They really are. At a risk of sounding like a broken record, United just has so many top-tier pieces to be a contender, but then boast near-perfect role players to make them the title favourite.
When healthy, United just has too many weapons, and the chemistry seems to be at a point where everyone knows his role going into each game. But then, even in their game against the Hawks - where they were missing Chris Goulding, Shea Ili, and Jo Lual Acuil Jr. - they could then lean on the likes of Mitch McCarron and Jock Landale to be their superstars. Those two players have taken a step back, relative to their ceiling, for the betterment of the team; as much as the talent makes them the favourites to win it all, that type of selflessness is what clearly separates them from the pack.