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India's boycott of OBOR an unusual display of spine

The decision to not attend the forum attended by 28 heads of state and 130 national delegations is a clear break from India's usual policy of going along with the crowd, observes Ajai Shukla.......

How Sasikala took control of Jaya TV from jail

Did Jayalalithaa, who was also in jail then, know about these transactions?N Sundaresha Subramanian reports. Sasikala, a confidante of former Tamil Nadu chief minister J Jayalalithaa, had bought a......

'Nepal has never undertaken something of this magnitude'

'It’s not that because the authority has not hit the ground running that everything is at a standstill. That’s not the case at all' 'Even when certain basic (relief work) guidelines......

Finmin to form company to take over bad loans

The Finance Ministry is considering a proposal to set up a National Asset Management Company that may act as a nodal agency for taking over bad loans of banks and help revive sick units. There......

Foreign investment ceiling in ARCs raised to 74%

Foreign investment ceiling in Asset Reconstruction Companies (ARCs) has been increased to 74 per cent from 49 per cent, a move aimed at bringing more foreign expertise in the segment. "The ceiling......

Bengal wants to sell bad assets to Arcil

In what will be the first deal of its kind, West Bengal Industrial Development Corporation is in talks with asset reconstruction company Arcil to sell a part of its distressed assets.So far, Arcil......

Ambit plans stressed assets biz, NBFC

The Ashok Wadhwa-promoted Ambit Holdings is planning to start a stressed asset business and a non-banking finance company by the end of this financial year. The stressed asset business would be a......

Arcil to acquire bad loans from two PSBs

Asset Reconstruction Company has acquired bad debts totalling Rs 805 crore (Rs 8.05 billion) from ICICI Bank and National Housing Bank (NHB) and is close to finalising 2-3 more deals including......
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The bungling and farce continues

Bad loans continue to originate mainly from state-owned banks, where the top management’s responsibility is not linked to career prospects... ...

http://www.rediff.com/money/column/column-bad-loans-the-bungling-and-farce-continues/20170717.htm
Assocham

New Delhi: Industry body Assocham on Sunday said the Banking Regulation (Amendment) Ordinance has empowered the Reserve Bank of India (RBI) to take... ...

http://www.sify.com/finance/rbi-might-take-up-npas-worth-rs-8-lakh-crore-for-resolution-by-2019-assocham-news-policy-rhquEajjbbaah.html
Slow to start, banks wrestle with insolvency regime

The bankruptcy code will deter defaulters, but NPAs will not cease unless banks are sensitised on credit appraisal and experts are hired by banks... ...

http://www.rediff.com/money/special/slow-to-start-banks-wrestle-with-insolvency-regime/20170713.htm
Reviving the Glorious past

NORTH INDIA Neemrana Hotels: Fakirs of the Heritage World “Heritage,” says Aman Nath, founder and co-chairman of Neemrana Hotels loftily,... ...

http://www.mydigitalfc.com/getaways/reviving-glorious-past-793
Allahabad Bank eyes 12.23 % business growth in FY 18

Kolkata : State run lender Allahabad Bank is looking to achieve a business growth of Rs 12.23 per cent in the current financial year and is also... ...

http://www.sify.com/finance/allahabad-bank-eyes-1223--business-growth-in-fy-18-news-bank-rg2qadahffhef.html

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