For too long, sales misconduct has been treated as an operational issue created by overzealous relationship managers. The elevation of the issue to the board level signifies that mis-selling is a governance failure.
Committee on Petitions flags disproportionate charges, even as RBI allows penalties. Collectively, banks amassed a staggering Rs 28495 crore in the past 5 years as MAB charges.
REITs, which own and operate income-generating office parks, malls and warehouses, are emerging as a key route for institutional capital to access property market.
Union Budget brings home to markets the unpleasant reality of fiscal dominance where RBI ends up prioritising deficit financing over its primary function of inflation control.
RBI data shows personal loans tripled in six years, with rising slippages; real wages halved as middle class uses loans to maintain lifestyle fuelled by social media.
Proposal to restart licensing is welcome, but Rs 300-crore minimum capital requirement could mean only handful of credit societies qualify, say sector executives
With bad loans shrinking & capital buffers stronger, urban co-op banks’ new umbrella body NUCFDC is now prioritising rollout of digital transformation.
The US has turned to the Kurds whenever it has needed allies on ground— in Iraq, in Syria, & now perhaps in Iran. Rarely has it worked out well, either for them or the region.
IRIS Lavan was in the region for the International Fleet Review held last month and ‘sought urgent docking in Kochi citing technical issues,’ it is learnt.
Trump has ushered in the age of humiliation. His method is to push around America’s friends rudely and publicly. He knows none of them can afford to fight back.
An appointment to SCOTUS is like planting a fully grown tree that will bear fruits for decades. 6 – 3 now. There could be another appointment at least in the second term.
May the RBI also be fair to saving households.
An appointment to SCOTUS is like planting a fully grown tree that will bear fruits for decades. 6 – 3 now. There could be another appointment at least in the second term.