According to Ravi Venkatesan, greater powers over management and decision making will enable banks to tap capital markets and strengthen their balance sheets.
A gradual systemic failure of banking and financial institutions can lead to catastrophic collapse of our economy.
Arvind Subramanian’s resignation this week as the Chief...
Mahindra Financial, which has a presence in about 3.3 lakh villages, forecasts bad loans will continue to shrink as clients’ financial health strengthens.
Hidden bad debt is a blow to the sector given that half of India’s 22 government-controlled banks are already under the Reserve Bank of India’s strict Prompt Corrective Action program that restricts lending and expansion.
SBI’s shares surged to a six-week high after it reported a record loss on Tuesday, after a similar contrarian market reaction by ICICI Bank Ltd. and Axis Bank Ltd. reported poorer-than-expected earnings.
RBI is cutting off banks and the police is intimidating bankers, there’s not much chance that credit growth will recover sufficiently to support India’s nascent growth revival.
We have failed terribly at two important things. One, we are reacting to this issue only emotionally, not logically. And two, we are not asking the right questions.
WhatsApp privacy policy case is among a string of matters involving practices like restrictive platform rules, pricing & billing policies, reflecting India’s tight scrutiny of market dominance.
Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.
Nehru to Indira Gandhi to Vajpayee and Manmohan Singh – everyone travelled abroad .. All were the PM of India, Rahul ji is not.
Journalists have lost ethics.. No one is neutral…
Rahul Ji should hire a good team for speech writing…
And for Modi Ji..to Question him..well Kudos for that courage…
Did the Press questioned the actions of Indira Gandhi?…I wasn’t born then..didn’t see those times.. so have nothing to say.. history has always been manipulated by the leaders/kings.. so I don’t trust it..
Nehru to Indira Gandhi to Vajpayee and Manmohan Singh – everyone travelled abroad .. All were the PM of India, Rahul ji is not.
Journalists have lost ethics.. No one is neutral…
Rahul Ji should hire a good team for speech writing…
And for Modi Ji..to Question him..well Kudos for that courage…
Did the Press questioned the actions of Indira Gandhi?…I wasn’t born then..didn’t see those times.. so have nothing to say.. history has always been manipulated by the leaders/kings.. so I don’t trust it..