The number of property developers who have been dragged to the bankruptcy court has more than doubled in less than a year as a prolonged slump in
Day: October 10, 2019
Indian Bank frauds: Why bankers are hesitant to report frauds–Economic Times
The problem of frauds cannot be looked at as an isolated problem of the banks. For bankers, bad loans due to an economic downturn is
Global Economic Slowdown: Effect of global ‘slowdown’ is ‘more pronounced’ in India: IMF chief
The International Monetary Fund (IMF) has flagged a “more pronounced” slowdown in India as it called for a coordinated fiscal response to arrest the “synchronised slowdown in
SMEs: For SMEs, having a website is cheaper than an offline store – The Economic Times
By Sahil Chugh For most small business owners, there’s a dilemma between choosing a website or a physical store. Choosing between online or offline will change how
Corporate tax cuts and growth | Business Standard Column
On September 20, Finance Minister Nirmala Sitharaman announced major changes in the structure of taxation for large Indian companies: The basic rate of company income tax was
RBI denies Bank of Maharashtra proposal for setting off Rs 7,360 cr losses | Business Standard News
State-run Bank of Maharashtra on Wednesday said the Reserve Bank has denied permission to settle its accumulated losses of Rs 7,360 crore against the balance lying in
The evaporating credit flow to India’s businesses from banks and NBFCs – The Hindu BusinessLine
The RBI needs to shift focus from rate transmission to confidence-boosting measures on industrial debt, that can revive bankers’ risk appetite In recent months, there’s
