India Launches Derivatives Investigation

India’s Central Bureau of Investigation has launched a probe of 22 banks involved in selling derivatives that allegedly resulted in heavy losses for investors.

  • 18 Feb 2010
India’s Central Bureau of Investigation has launched a probe of 22 banks involved in selling derivatives that allegedly resulted in heavy losses for investors. The investigation comes after the Orissa High Court issued a directive in December for the CBI to look into the banks’ selling practices regarding ...

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