Topic: Private sector banks
Yet another private lender in crisis, but a rescue mission is on track at Lakshmi Vilas Bank
In the last week, cash-strapped Lakshmi Vilas Bank has seen shareholders vote out its top management, raising concerns over the proposed merger deal with Clix Capital.
Why public sector banks are struggling to raise capital but private banks are having it easy
ICRA estimates that PSBs need around Rs 60,000 crore in the current fiscal, but these banks are struggling to raise capital despite asset quality challenges.
In Yes Bank crisis, you can’t miss the ugly realities of India’s private sector lenders
Private sector banks were once considered to be more accountable with stringent regulatory practices in place. Yes Bank crisis has undermined these assumptions.
Troubled Yes Bank is now a ‘fallen angel’
Moody’s cuts Yes Bank’s credit rating to junk, which is rare for an Indian private sector bank.
On Camera
YourTurn
India has interests on both sides of US-China divide. Cold War holds clues for path ahead
India’s strategic balance is weighted towards the West and its economic balance is towards China. But it needs more to build a multipolar world order.
Keep calm and carry on: Unlike wheat, rice isn’t hot yet
The world is worried that India might restrict exports of rice after wheat, pushing prices higher and worsening global food security.
Defence
Indian Navy to go for govt-to-govt deal with US or France for fighter planes
Navy is in the process of expediting a trial report into operational demonstration by Rafale M of French firm Dassault Aviation and F/A 18 Super Hornet of American company Boeing.
Moral, political & ideological questions on Maharashtra: 1st is simplest to answer, 3rd trickiest
What is Shiv Sena’s ideology? We might say it’s been a convenient mix of extreme ethnic chauvinism & unforgiving Hindutva. Within the second, the party retained space to manoeuvre.