On Wednesday, the CEO and director of the Bank of Maharashtra were booked in a Rs 3,000-crore default case involving real estate developer DSK Group. The Indian Banks’ Association has condemned the arrests of bankers. Experts weigh in.
With general elections due next year, the bad bank idea looks like a politically expedient proposal of dubious economic merit.
Bad ideas keep returning to...
Despite India's state-run banks being in a rundown condition, the country's rich private banks are keeping investors' belief alive in the Indian economy.
Chanda Kochhar showed a lack of judgment in not recusing herself from the committee that cleared the loan to Videocon. ICICI, with a history of prior bank runs, can't afford a leader who's in the news for all the wrong reasons.
Armani built a multibillion-dollar global brand from something as simple as an unstructured jacket, and broke down the walls between formal and casual.
From Munir’s point of view, a few bumps here and there is par for the course. He isn’t going to drive his dumper truck to its doom. He wants to use it as a weapon.
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