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Feb 22, 2017
Idea of bank to tackle bad loans gaining traction: CEA Arvind SubramanianVarious proposals are being brought to forefront, Arvind Subramanian said, adding, "there is a need to get that (bad bank) thing quickly".
Feb 21, 2017
Vijay Mallya is a big lesson for India not to repeat past blunders. Not convinced? Look at ChinaMallya offers a big lesson to Indian banks, the political system and judiciary—all party in some or the other way for the current NPA levels in the banking system
Feb 10, 2017
SBI Q3 net profit doubles to Rs 2,601 crore, 1st rise in five quartersSBI, which accounts for more than a fifth of India's banking assets, saw its gross bad loans as a percentage of total loans rising slightly to 7.23 percent at the end of December, from 7.14 percent at end-September.
Feb 09, 2017
Bank of India posts Rs 101.72 cr profit for Q3 vs loss last year on lower provisionsBank of India had reported a net loss of Rs 1,505.58 crore in the corresponding October-December quarter of previous fiscal 2015-16
Feb 02, 2017
Donald Trump calls Mexican president, threatens to send US troops to stop 'bad hombres'President Donald Trump threatened in a phone call with his Mexican counterpart to send US troops to stop "bad hombres down there".
Feb 02, 2017
Budget 2017 sticks to bank spending plan, no bumper recapitalization yetThe government's shock move in November to replace about 86 percent of currency in circulation will delay the clean-up of bad loans beyond a March 2017 deadline, bankers and analysts say.
Jan 30, 2017
Manmohan Singh helped Vijay Mallya get loans for Kingfisher Airlines, alleges BJPThe Bharatiya Janata Party on Monday alleged that former Prime Minister Manmohan Singh and his Finance Minister, P. Chidambaram, helped industrialist Vijay Mallya get huge loans for bailing out the now defunct Kingfisher Airlines.
Dec 31, 2016
How demonetisation took the wind out of realty, automobile and FMCG stocks in just 2 monthsBigger concern of the lingering cash shortage and its impact on the overall economy in the coming months triggered panic selling in stocks of sectors which had direct bearing due to the note ban decision
Dec 11, 2016
Real Estate: Demonetisation may not weed out corruption; attacking its underlying sources canHopefully, the rooting out of black money from real estate will rid the sector of its corrupt image. But the buyers and sellers should see to it that they do not overlook small transgressions
Nov 22, 2016
Demonetisation: Urjit Patel is an 'extra' in the PM Modi show until govt needs fundsThough Patel was seen alongside economic affairs secretary, Shaktikanta Das, at the Delhi presser, Modi's surprise announcement and the body language of technocrats at the Finance Ministry-RBI joint presser clearly signaled that the government has effectively hijacked the show