The process, which started in early 2017, took nearly 2 years to reach the 10-crore mark. But this more than doubled over the last 17 months to touch 25 crore now.
India’s banks need long-pending governance reforms. Efforts to prevent corporate plunder will unfairly disadvantage the likes of 'glocal' banks such as Citigroup and HSBC.
At ThePrint's Off the Cuff, HDFC chairman Deepak Parekh said govt should reduce stakes in state-owned banks to 51% and pursue aggressive asset monetisation & privatisation.
The meeting is likely to be around reviving the economy which is expected to contract by 4.5 per cent in the current fiscal, according to some estimates.
Kanoria said the special liquidity window announced by the Modi government for NBFCs has not helped Srei, adding that banks are still reluctant to lend.
The order suspends banking services until 21 July and prohibits customers from entering bank premises during this time. Banks can open for employees though.
While Chinese authorities revised the nation’s tax rules in January 2019, they only recently disclosed detailed instructions on how to comply, catching many workers off guard.
Neither state govts nor companies earn large profits from lotteries. However, a look at the system shows there’s ample evidence of murky dealings and financial irregularities.
In an interview with Gulistan News this week, Union Home Minister Amit Shah said the government would leave law and order to J&K Police and slowly withdraw troops.
The ‘idea’ Kejriwal's politics grew around was a no-holds-barred fight against corruption. That is the reason Modi govt has now tarred him and his entire party with the same paint.
COMMENTS