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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

Sep 19, 2014

Whisky Makers Applaud Scots' Vote Against Independence

The Scottish people have spoken, and the country’s powerful whisky industry is raising a quiet toast to the vote against independence. After voters chose to keep Scotland within the U.K., David Frost, CEO of the Scotch Whisky Association , issued thi... #David Frost #Diageo plc #Wall Street Journal #Bloomberg #Scotland
Chidu, Pranab have left a debt time-bomb for next govt

Sep 15, 2014

Top 5 Critical Retirement Plan Mistakes To Avoid

These five common retirement mistakes can get you into financial trouble at a point when you most need stability... #David Frost #Diageo plc #Wall Street Journal #Bloomberg #Scotland
Chidu, Pranab have left a debt time-bomb for next govt

Sep 16, 2014

Scottish independence referendum: 1 in 7 millionaires 'could flee the country'

Uncertainty over the tax regime and financial stability in an independent Scotland could push the rich - such as Michelle Mone, pictured - out of the country in the event of a Yes vote... #David Frost #Diageo plc #Wall Street Journal #Bloomberg #Scotland