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Bank of America ML sole bidder for SBI’s Essar Steel debt

On Monday, the Supreme Court declined a plea of Essar Steel’s operational creditors for a stay against the tribunal’s order, paving the way for ArcelorMittal to take over the company. MUMBAI | KOLKATA: Bank of America Merrill Lynch emerged as the sole bidder in State Bank of India’s auction of...
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Free Checking: The Biggest Lie In Banking

Hard work always pays off nicely. Senior man signing a check. Close up. Focus on hand.GETTY OBSERVATIONS FROM THE FINTECH SNARK TANK What’s the biggest money-related lie? Until recently, it was “the check is in the mail.” With the growing prevalence of digital bill payment, however, fewer of...
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