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Saturday, April 11, 2026
TopicState banks

Topic: State banks

India’s next govt needs to axe public sector banks to push growth

State-run banks have a very large role in Indian economy & are dragging it down as they slow. Next govt shouldn’t dodge radical bank reforms.

India set to pump Rs 13,500 crore into state banks to meet capital requirements

Govt 's infusion comes as it seeks to shore up capital buffers and help the lenders meet coupon payments on their bonds.

On Camera

Congress was committed to alcohol ban law without being practical: MA Venkata Rao

Since the bulk of citizens did not regard drinking as a crime, they had no respect for the prohibition laws and did not cooperate with the police, wrote MV Venkata Rao in 1962.

India bond yields rise as RBI moves to drain liquidity, lift overnight rates

New Delhi: India’s sovereign bond yields rose after the central bank announced its first step this year to drain cash from the banking system,...

Army promotes Col Purohit, acquitted in 2008 Malegaon blast case, to Brigadier; to not retire yet

This means he will serve Indian Army for a minimum of another 2 years as Brigadier, unless he picks up the next rank of Major General.

The world’s in a flux. India must reform, consolidate & build a strong economy

We now live in a world order that will keep shifting. India must use this window. This also means we remain disciplined enough not to be knee-jerked into reacting to what Pakistan sees as its moment in the sun.