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RBI versus Sahara
 
The battle between the RBI and Subroto Roy group financial arm - Sahara India Financial Corporation has reached the Supreme Court. The apex court directed the central bank to give a fresh hearing to the company, including the issue of a ban on deposits imposed by the central bank.
 
 
 
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Reserve Bank moves SC
RBI cited violations over maintenance of directed investments, payment of minimum interest rate and asset-liability management
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A sigh of relief
Sahara got a reprieve after it managed to get a stay in the Allahabad High Court over the ban on deposits imposed by RBI
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Ban on Sahara India
Sahara India Financial Corporation received a setback following RBI's ban on the company from accepting deposits
 
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