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NDA and UPA: Not all that different, after all

Similarities between NDA and UPA on some key policy issues are now becoming too stark to be ignored, says A K Bhattacharya. Illustration: Dominic Xavier/Rediff.com. Similarities between the......

Consumer stocks losing out to industrial ones as market corrects

Foreign investors are also getting cautious on emerging markets including India.  Consumer stocks have been the clear losers in what has been the biggest market correction in the recent times.......

Loan default case: CBI registers fresh case against Mallya

The Central Bureau of Investigation has registered a fresh case against beleaguered liquor baron Vijay Mallya for allegedly cheating a consortium of nationalised banks to the tune of Rs 6,027 crore......

UB Group denies Kingfisher loans funded offshore property

State-run IDBI Bank is one of Kingfisher's more than a dozen creditor banks.  Embattled Indian tycoon Vijay Mallya's UB Group has denied allegations that it used Rs 4.3 billion ($65 million)......

Tight-fisted Jaitley offers promises to debt-ridden banks only

Rs 25,000 crore (Rs 250 billion) may be too little too less for sick PSBs; consolidation, privatisation of IDBI soon The Union Budget 2016-17 turned out to be a damp squib for banks as the public......

Banks set for lending rate action this week

SBI, IDBI Bank among a host of lenders holding asset-liability panel meets Days after the Reserve Bank of India lowered the repo rate in a surprise move, banks have set the ball rolling for a......

RBI slaps Rs 6.5 cr penalty on 6 PSU banks

The RBI on Friday imposed a fine of Rs 6.5 crore (Rs 65 million) on six public sector banks including IDBI Bank, Dena Bank and Indian Bank, for violation of customer identification or KYC norms and......

More govt banks raise base rates

A day after large banks such as Punjab National Bank and IDBI Bank increased base rates, state-run lenders Indian Overseas Bank and Indian Bank followed.Chennai-based Indian Overseas Bank (IOB)......
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Fitch

The government's capital infusion into IDBI Bank indicates it will not allow state-run banks to default on coupon payments on additional tier 1... ...

http://www.business-standard.com/article/pti-stories/govt-to-support-psbs-to-meet-at1-bonds-coupon-payments-fitch-117081600663_1.html
Government's help to lenders facing bond defaults a 'moral hazard' - Fitch

MUMBAI (Reuters) - The government risks creating "moral hazard" by injecting funds into state-run lenders such as IDBI Bank Ltd which are at risk... ...

http://www.business-standard.com/article/reuters/government-s-help-to-lenders-facing-bond-defaults-a-moral-hazard-fitch-117081600733_1.html
Morning News Call - India, August 16

To access the newsletter, click on the link: http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_08162017.pdf If you would like... ...

http://www.sify.com/finance/morning-news-call---india-august-16-news-economy-riqjadgggiiga.html
Jaypee assets sale likely to help buyers

FC Bureau City: New Delhi Troubles for realty major Jaypee Infratech is mounting. In view of hundreds of homebuyers having been left in the lurch... ...

http://www.mydigitalfc.com/my-world/jaypee-assets-sale-likely-help-buyers
IDBI Bank topples IOB as lender with highest NPA ratio

IDBI Bank's gross NPAs soared to Rs 50,173 crore in the Q1 of 2017-18 ...

http://www.business-standard.com/article/finance/idbi-bank-topples-iob-as-lender-with-highest-npa-ratio-117081500017_1.html

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