Yes Bank will need between Rs 20,000 – 22,000 crore to revive. SBI’s risks will be ring-fenced with maximum exposure of Rs 10,000 crore. But
Yes Bank: SBI will have to merge YES Bank if rescue package fails to revive it – The Economic Times
You really cannot afford to let a bank go down, which is why in the case of banks we have the philosophy of ‘too big
Credit, debit cards’ online use facility to be disabled by March 16, 2020, if never used till then – The Economic Times
March 16 is a date that should matter to you if you have never used your debit or credit card for online transactions. The online
Public money not for private loot, bring Yes Bank under govt control: AIBEA – The Economic Times
The bank union said the RBI, being the regulator, cannot be unaware of the ongoings in Yes Bank. Stressing that private sector banks were failing
4 million housewives dominate ‘emerging segment’ of Indian SMB ecosystem using digital medium: Report – The Economic Times
Mumbai: The digital India opportunity has seen the emergence of 4 million women homemakers as resellers in 2019, states an Endurance-Zinnov study undertaken to determine
Time period for insolvency proceedings need to be reduced: NCLAT chairperson – The Financial Express
A case is admitted under the Insolvency and Bankruptcy Code (IBC) only after approval from the NCLT. National Company Law Appellate Tribunal (NCLAT) Chairperson Justice
NITI Aayog CEO Amitabh Kant explains how India can achieve 9-10% growth – The Financial Express
Underscoring the importance of design, Kant said it accounts for 70 per cent of a product’s value. NITI Aayog CEO Amitabh Kant said on Saturday
GST fraud: Two directors of apparel exporting companies arrested for fraudulently claiming refund – The Financial Express
DGGI said two directors of the exporting companies have been arrested on March 7, 2020 under Section 69(1) of CGST Act, 2017 for offences under
India’s slowdown story is older than IL&FS crisis; these reasons aggravated trouble – The Financial Express
A fall in the central government spending to GDP, coupled with other funding constraints contributed to the slowdown. The slowdown story of India is not
Hero Group’s Munjal hails IBC, says India’s regulatory framework improving | Business Standard News
Hero Enterprise’s chairman Sunil Kant Munjal said on Saturday that the regulatory environment in the country is getting better and regulators are now stepping in
Too slow to act on Yes Bank, RBI has eroded depositor faith–Indian Express
Within 24 hours of the superseding of the board of Yes Bank by the Reserve Bank of India, Finance Minister Nirmala Sitharaman announced a reconstruction
MCA gets NCLT nod to recast financial statements of CG Power | Business News,The Indian Express
The Mumbai bench of the National Company Law Tribunal (NCLT) Thursday allowed the Ministry of Corporate Affairs (MCA) to recast the financial statements of CG
Explained: What went wrong with Yes Bank? | Deccan Herald
The Reserve Bank of India (RBI) on March 5 placed Yes Bank under moratorium and restricted withdrawals to a maximum of Rs 50,000, sending its
Medical devices regulation welcome | Deccan Herald
The government’s move to bring medical devices under a regulatory framework is welcome as it will ensure that some essential norms and rules are followed
YES Bank crisis: Why government must fix the vulnerabilities in financial system – The Economic Times
he Modi government has a major problem at hand. No, it has nothing to do with the Citizenship (Amendment) Act or the protests against it.
Majority of builders may disappear from the scene in three years, says Anarock – The Economic Times
KOCHI: Almost eighty percent of the builders in the country will vanish from the scene in the next three years in the prevailing conditions ,
Yes Bank: Deposits with Yes Bank insured up to Rs 5 lakh but what should salary account holders do? – The Economic Times
The deposit insurance coverage limit is applied separately to deposits in different banks. Although the government has limited withdrawals from Yes bank accounts to a
Radhika Gupta: The ‘girl with a broken neck’ builds a $4 billion asset manager – The Economic Times
By Subhadip Sircar and Divya Patil Lots of female chief executive officers have stories about conquering adversity. Radhika Gupta’s begins when she entered the world
Too much and also too little–Economic Times
Too much and also too little The government has introduced a Competition (Amendment) Bill. This is the right time to introduce some changes to the
Won’t allow YES to fall off a cliff: Sitharaman to investors – The Economic Times
KOLKATA: The collapse of YES BankNSE -56.11 % has left investors worrying on whether they would recover their investments in other small banks and some
aniltikotekar4sme.com 