Cobrapost alleges related party transactions in Cholamandalam Finance, Murugappa Group refutes charges

IANS | December 23, 2025 3:24 PM

New Delhi, Dec 23 (IANS) Cobrapost news website on Tuesday alleged that for close to a decade, more than Rs 10,000 crore has moved through a web of related parties involving the Cholamandalam Investment & Finance Company Ltd. and a network of related Murugappa Group entities, family members, and key management personnel, raising raising regulatory and governance concerns.

Piyush Goyal lauds public sector banks, calls them key to MSME growth

IANS | December 23, 2025 10:42 AM

New Delhi, Dec 23 (IANS) Union Minister of Commerce and Industry Piyush Goyal said that public sector banks (PSBs) have emerged as strong and competitive institutions, standing shoulder to shoulder with private and foreign banks in supporting India’s growth.