Thursday, 11 August, 2022
TopicCredit Suisse Group

Topic: Credit Suisse Group

Credit Suisse signals worst may not be over after $1 billion-hit due to Covid-19

Credit Suisse, Switzerland’s second-largest lender, is giving the first window into how European lenders fared after Covid-19 crisis began worldwide.

Delinquent power sector loans of Rs 700 billion to be resolved soon, says SBI

RBI had in February introduced new rules and a 6-month period for banks to recast loans in case payments are missed.

The RBI’s last attempt to clean up banks puts close to 70 firms on the brink of bankruptcy

The central bank predicts that by March 2019, the country's bad-loan ratio will increase by 0.6 per cent to 12.2. 

On Camera

YourTurn

Taliban confirms Al-Qaeda chief Ayman-al-Zawahiri's killing; condemn US drone attack

Al-Zawahiri dispatch from heaven: I am reunited with Osama. This is the new Muslim Brotherhood

Before you read any theory about how I, as the CEO of terror group al-Qaeda, was killed by Joe Biden, let me walk you through my own story of love, lust and betrayal.
File photo of Sterlite copper unit at Tuticorin in Tamil Nadu | By special arrangement

Shut since 2018 violence, TN Sterlite plant’s closure cost economy Rs 14,749 cr, says study

Copper plant in Thoothukudi was closed after protests turned violent & police firing left 13 people dead. Job losses one of major impacts, says study by NGO CUTS International.

Defence

Representational image | Indian Army soldiers during the Army Day Parade at Cariappa Parade Ground in New Delhi | ANI Photo

Army looks to reduce troops by 2 lakh, deployment in Kashmir could be rejigged

The Army, which faces a shortage of about 1.35 lakh personnel, is aiming to reduce its strength from 12.8 lakh to around 10.8 lakh.

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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