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Profit in public sector banks plunges 27% to Rs 37,000 cr in FY14

Aug 05, 2014

Profit in public sector banks plunges 27% to Rs 37,000 cr in FY14

Noting that rise in non-performing assets of PSBs was a matter of concern, the junior finance minister said that "although the gross NPAs have increased at system level, the gross NPAs ratios of banks do not indicate any systemic vulnerability". #NewsTracker #SBI #Canara Bank #Nirmala Sitharaman #Bank of Baroda #Corporate Debt Restructuring #Financial Stability Report #PNB #non performing assets
Jaitley seeks to cut business cost to propet growth

Jun 07, 2014

Jaitley seeks to cut business cost to propet growth

Reaffirming the government's commitment to keep finances in check, the finance minister said he is against "slackening the vigil in the area of fiscal consolidation". #Economy #India #Business #NewsTracker #Arun Jaitley #Raghuram Rajan #UK Sinha #Arvind Mayaram #Financial Stability and Development Council
Jaitley to chair FSDC meeting this week

Jun 05, 2014

Jaitley to chair FSDC meeting this week

Jaitley will chair the meeting of the Financial Stability and Development Council. #ThisisNext #Arun Jaitley #Raghuram Rajan #UK Sinha #PFRDA #Financial Stability and Development Council
Have money, won't invest: India Inc prefers cash to factories

Dec 31, 2013

Have money, won't invest: India Inc prefers cash to factories

The RBI notes that companies are investing in financial assets rather than real factories and assets that create jobs. India Inc is clearly not convinced that investing in factories is all that beneficial right now. #HowThisWorks #Investing #RBI #Jobless growth #Financial Stability Report #Corporate Investment #Cash Hoards
Chidu, Pranab have left a debt time-bomb for next govt

Dec 31, 2013

Chidu, Pranab have left a debt time-bomb for next govt

In the years starting 2014-15, the repayment burden of government debt will show a sharp spike upwards. The next government will have little fiscal breathing space. #RBI #didyouknow #ConnectTheDots #Scorched Earth #Financial Stability Report #GoI Debt #Maturity Profile

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Chidu, Pranab have left a debt time-bomb for next govt

Aug 07, 2014

Top Reasons Millenials Shouldn't Buy A Home...Yet

There are many reasons to buy your first home, including dozens of financial benefits and lifestyle benefits. And right now, it’s a buyer’s market; interest rates are still low, hitting 4.34% for a 30 year fixed loan this month. According to the late...
Chidu, Pranab have left a debt time-bomb for next govt

Aug 26, 2014

Dowling College names Albert F. Inserra as its new president, seventh since 2005

Dowling College named a new president Tuesday, with officials expressing confidence that the small, financially challenged liberal arts school in Oakdale is on its way to stability. Albert F. Inserra, chairman of Dowling's doctoral program in educati... #Dowling College #Moody's #Port Washington, NY #KPMG
Chidu, Pranab have left a debt time-bomb for next govt

Aug 22, 2014

HSBC chief says Scottish independence could prompt capital flight

Uncertainty over sterling currency union risks 'parlous finances', warns Douglas Flint Uncertainty over Scotland's currency arrangements could prompt capital flight from the country, leaving its financial system in a "parlous state", the chairman of ... #Europe #HSBC #Scotland