Yes Bank should’ve been overseen by a Resolution Authority, depositors shouldn’t have had to face moratorium. Now SBI or LIC shouldn’t be forced to buy it.
SBI Cards & Payment Services IPO received orders for 22.5 times the shares on offer. It’s a strong showing for India’s first billion-dollar IPO since 2017.
The rescue plan will throw a lifeline to Yes Bank which has been struggling to raise capital since the middle of last year, as it has faced a surge in bad loans.
SBI chairman Rajnish Kumar says he’s certain ‘some solutions will emerge’ to steady Yes Bank, which has been on a prolonged quest to raise new capital.
SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.
The 2018 contract with Russia for 5 S-400 systems had a follow-on clause for 5 more. S-400 was described as a 'game-changer' for shooting down 5 Pakistan fighter jets during Op Sindoor.
What Munir has achieved with Trump is a return to normal, ironing out the post-Abbottabad crease. The White House picture gives us insight into how Pakistan survives, occasionally thrives and thinks.
Above all else, the Yes Bank crisis shows the mindless licensing of banks by the RBI and Government without any caution. Why does India need so many banks, for heaven’s sake? There are enough of these incompetent nstitutions to last more than a lifetime of a country!
Stop this nonsense now and consolidate them into a few efficient ones, private or public! i
Above all else, the Yes Bank crisis shows the mindless licensing of banks by the RBI and Government without any caution. Why does India need so many banks, for heaven’s sake? There are enough of these incompetent nstitutions to last more than a lifetime of a country!
Stop this nonsense now and consolidate them into a few efficient ones, private or public! i