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Alpesh Mehta

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Why are public sector banks under financial pressure?

This Adam Smith quote sums up the role of the banking sector in the economy: “It is not by augmenting the capital of the country, but by rendering a greater part of that capital active and......

Muted growth likely for banks

Asset quality erosion, fresh loan restructuring and unprovided mark-to-market losses (revaluing assets at current prices) are again expected to muffle the growth in quarterly profit, notes Somasroy......

Why are banks caught in a cleft

It's certainly not a good time to be a banker, says the chief executive of a private sector bank.While he claims the bank is comfortable with the quality of loans it disbursed to stressed sectors,......

Shroff, Sethi in knock-out round

Formidable Saurav Kothari of Petroleum Sports Promotion Board kept his hopes alive with a narrow win in his second tie, in the BPCL-ONGC National 9-Ball Pool Championship at the Bombay Presidency......

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