A release from the Press Information Bureau on June 24, titled “Public Sector Banks”, had this to say on strengthening PSBs: “Over the last four
Month: October 2019
PMC crisis: Ex-MD reveals how six officials pulled off Rs 6,500 crore fraud at PMC Bank – The Economic Times
Thomas’ confession letter to RBI revealed that the bank’s exposure to bankrupt HDIL was pegged at Rs 6,500 crore, which is over 70% of the
GST revenue: GST collection slips below Rs 1 lakh crore mark to Rs 91,916 crore in September–Economic Times
The government has already transferred Rs 27,955 crore to the states in the form of compensation in June-July this year and Rs 17,789 crore in
Gross NPAs of banks may fall to 8% by March 2020: Report – The Economic Times
The Indian banking system’s stock of dud assets will further reduce to up to 8 per cent level by March 2020, but the NBFCs may
India Economic reforms | Nirmala Sitharaman’s fiscal boost a week leaves many questions still unanswered
By Vrishti Beniwal Finance Minister Nirmala Sitharaman has been announcing fiscal steps almost every week since August to help industries hit by the economy’s slowdown: from tax benefits
Ashok Leyland sales: Ashok Leyland domestic sales volume dips 57% in Sept
Chennai-based truckmaker Ashok LeylandNSE -4.00 % registered a steep reduction in domestic sales in September compared to the year-ago period, impacted by a slowdown in business over
One-third of Indian businesses hit hard by internal, external fraud: Report – The Economic Times
Nearly a third of Indian businesses experienced frauds by internal as well as external parties in the last 12 months, with data theft being the top most
MCA looking to set minimum threshold for homebuyers initiating insolvency – The Economic Times
The government needs to look at innovative ways, including minimum thresholds, to ensure that the insolvency resolution framework is not abused by homebuyers, a senior official
Tata Motors sales down 48% in September at 36,376 units – The Economic Times
Tata MotorsNSE -1.83 % on Tuesday reported 48 per cent decline in total sales at 36,376 units in September. The company had sold a total of
Due Diligence of a stressed asset still a challenge in IBC: Koushik Chatterjee, Tata Steel – The Economic Times
One of the first players to successfully acquire a stressed asset under the country’s historic bankruptcy law, Tata SteelNSE -2.48 %‘s CFO Koushik Chatterjee said that due diligence
Personal Insolvency regime to be operational in a year – The Hindu BusinessLine
The Government on Tuesday said that personal insolvency regime would be fully operational in India in one year from now. Debt recovery tribunals (DRTs) in
The RBI must bat for conversion of co-operative banks into more regulated entities – The Hindu BusinessLine
The RBI also needs to be more transparent about its strictures on co-operative banks Just as they were coming to terms with the bad loan
All you wanted to know about… Urban Co-operative banks – The Hindu BusinessLine
The Reserve Bank of India’s sudden direction last week capping withdrawals from Punjab and Maharashtra Co-operative (PMC) Bank has dealt a severe shock to many
निरुपयोगी निर्यातबंदी –महाराष्ट्र टाइम्स
निरुपयोगी निर्यातबंदी महाराष्ट्र व हरयाणात विधानसभा निवडणुकीची रणधुमाळी सुरू असतानाच पुन्हा एकदा कांद्याने भाजपला सैरभैर केले आहे. कधीकाळी या कांद्यानेच भाजपची दिल्लीतील पहिलीवहिली सत्ता हिसकावली
बेवारस बळीराजा |अग्रलेख लोकसत्ता
सरकारची धोरणे शेतकऱ्यांच्या हिताविरोधात किती असावीत याचा नमुना म्हणजे कांद्यावरील निर्यातबंदी आणि साठाबंदी.. एखाद्या उत्पादनाची विक्री किंमत काय असावी हे ठरवण्याचा अधिकार त्या उत्पादकाचा की
Primacy of Decision of Adjudicating Authority over Committee of Creditor’s in modifying Resolution Plan : A Legal Conundrum – IBC Laws
INTRODUCTION Under Insolvency and Bankruptcy Code, 2016 (hereinafter referred to as the Code) the Committee of Creditors (hereinafter referred to as CoC), consisting of financial
View: It’s time to reform India’s cooperative banks – The Economic Times
Depositors of private sector banks, which have been as dodgy as PMCBs, were hurt when these banks faced sudden death. A rogue stock broker, with
Raghuram Rajan: Learn to tolerate criticism, suppressing it can lead to mistakes: Raghuram Rajan to govt–Economic Times
With no criticism, the government will live in a pleasant make-believe environment, until the harsh truth can no longer be denied,” he said. Suppressing dissent
MSME investment: Nitin Gadkari asks MSMES to enlist on National Stock Exchange–Economic Times
Union Minister of Road Transport and Highways and Ministry of Micro, Small and Medium Enterprises Nitin Gadkari has urged the industry to take advantage of the various
Give to take in trade talks with US–Economic Times
India must show flexibility in the course of the ongoing trade talks with the US. India can afford to be amenable to give and take
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