Tuesday, 9 August, 2022
TopicCommercial banks

Topic: Commercial banks

How Modi govt’s ordinance on cooperative banks can prevent PMC-like scams, protect depositors

There have always been questions over who controls cooperative banks in India, states or the Centre. The ordinance empowers RBI to intervene in failing banks.

Bad loans of commercial banks down to Rs 9.34 lakh crore in last fiscal, says Sitharaman

Finance Minister Nirmala Sitharaman said the govt has instituted a comprehensive 4R's strategy to reduce bad loans of banks.

It’s time to review priority sector lending and pull commercial banks out of risks

With 40% of banks assets, or 32.4% of GDP, riding on this instrument alone, the debate about priority sector lending is not new. There is a new-found urgency to make it fit-for-purpose.

On Camera

YourTurn

Opposition leaders protest outside Parliament | Representative image | ANI

Confused, aimless—why Opposition parties live up to Ronen Sen’s ‘headless chicken’ remark

From ‘compromising national security’ to 'playing havoc' with institutions, the Opposition continues to attack Modi while failing to reflect on own actions.
A suspension pylon in Tamil Nadu | Commons

You thought power subsidy is a Delhi-Punjab problem? Check out Tamil Nadu’s power sector mess

RBI data shows Indian discoms owe power generation firms over Rs 4.5 lakh crore, almost a third of which is owed by Tamil Nadu, where power subsidy cost is twice that of food subsidy.

Defence

Women Army officers outside the Supreme Court in New Delhi on 17 February 2020 ( representational image) | Photo: Suraj Singh Bisht | ThePrint

First batch of 19 women cadets join NDA, set to begin training this week

The cadets will train for three years at NDA, Khadakwasla for the 148th course. The Supreme Court last year paved the way for women to take the NDA test for the first time.

In Kashmir 3 years on, 3 positive changes, 3 things that should’ve happened & 3 that got worse

Kashmir as a crisis has fallen off our headlines and from the top of our collective minds. Which is precisely the most important change for the better.
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