Bad bank is a great initiative but can turn into an accounting gimmick unless foreign investors are brought in: K Balasubramanian, Citibank India – The Economic Times

Clipped from: https://economictimes.indiatimes.com/opinion/interviews/bad-bank-is-a-great-initiative-but-can-turn-into-an-accounting-gimmick-unless-foreign-investors-are-brought-in-k-balasubramanian-citibank-india/articleshow/81341715.cmsSynopsis Bad bank is a great initiative and much needed for the country, with most public sector banks carrying a high level of non-performing

Amazon onboards 50,000 small sellers under ‘Local Shops’ programme for shopkeepers in less than a year – The Financial Express

Clipped from: https://www.financialexpress.com/industry/sme/msme-tech-amazon-onboards-50000-small-sellers-under-local-shops-programme-for-shopkeepers-in-less-than-a-year/2207926/ Technology for MSMEs: The small sellers selling under the Local Shops on Amazon programme belonged to metros, Tier-II, and III cities offering flowers,

ICICI, HDFC, SBI will have to offload Rs 1.2 lakh cr if RBI caps stake in insurance arms: Report – The Economic Times

Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/icici-hdfc-sbi-will-have-to-offload-rs-1-2-lakh-cr-if-rbi-caps-stake-in-insurance-arms-report/articleshow/81332755.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis ​​ Quoting unnamed RBI officials, a media report earlier this week said the monetary authority is not comfortable with banks owning controlling stake

Jet Airways resolution process: MoCA, DGCA say no deemed approvals for slots – The Economic Times

Clipped from: https://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/jet-airways-resolution-process-moca-dgca-say-no-deemed-approvals-for-slots/articleshow/81332419.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis NCLT is considering the resolution plan submitted by Kalrock-Jalan Consortium for the airline. The plan has already been approved by the Committee of

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