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Bribe News

The country's largest information technology (IT) company - Tata Consultancy Services (TCS), has been hit by a bribes-for-jobs scam. The IT major has come under the heat after a few senior executives were taking bribes from staffing firms in exchange for ...

RBI chides state-run banks for engaging middlemen for loans

With non-performing assets in the financial system rising, Reserve Bank Governor Raghuram Rajan today pulled up state-run banks for "outsourcing" an important task like loan evaluation to middlemen, and asked them to end the practice at the earliest by improving internal ...