Just of last month, the CEO of the HDFC bank Atanu Chakraborty resigned over his bank’s case with the Credit Suisse bank of Switzerland in which the HDFC bank just wrote off some million and more dollars to the Swiss giant ignoring the group’s loan repayment entirely. Atanu was not in favor of the waiving over of such a huge sum and resigned in protest silently.

The HDFC bank is one of the largest financial groups in the Indian market unfortunately. Together with the SBI and the ICICI Bank, the HDFC bank is the largest known financial hubs in the entire country.

This comes at a time when Anil Ambani and his transactions with the Epstein case were just uncovered by the ED most effectively. Ambani was caught in the fund transfers of some 360 crore rupees to some Chinese companies that had loaned him the money in order to repay some other loans that Ambani had borrowed from some of his Indian and global counterparts unfortunately.

The Chinese angle is of particular interest to the ED of India that is investigating some Chinese bribing cases against several AAP and Congress leaders sitting in the Indian parliament’s opposition almost lawlessly. This step taken by the Ambani junior was to tolerate some native criminal elements to indulge in the crime of Insider Trading for all of India’s Shell companies.   

The situation in India is so bad that some states like Mamta Banerjee’s West Bengal will be forced to adopt the rule of the President most tragically. Many ministers in the parliament are trying their level best to avoid any type of investigations by the ED, the CBI or the NIA and several other examining agencies nationally.