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Janki Ballabh

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Renowned Hindi poet turns down Padma Shri

Eminent Hindi poet Janki Ballabh Shastri has turned down the Padma Shri conferred upon him by the government, terming it as an abuse and not an honour at this stage of his life.In his late 80s,......

'Self defence right can't be used for retaliation'

The right to self defence cannot be used as a pretext for a retributive offence to kill the other person, the Supreme Court has ruled. "A right to defend does not include a right to launch an......

'Changes in banking norms a must'

Reserve Bank of India Deputy Governor K C Chakrabarty has called for changes in the rating and reporting standards of banks, saying a bank should not be rated just on the basis of its net interest......

PNB chief leads race for RBI Dy Governor's post

Punjab National Bank Chairman and Managing Director K C Chakraborty has emerged as the frontrunner for the post of the fourth deputy governor of the Reserve Bank of India (RBI).Sources said that......
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Banks may acquire core sector assets

\\NEW DELHI: In a move to help state-run banks clean up books, the government will encourage them to acquire assets of loan defaulters in steel,... ...

http://economictimes.indiatimes.com/news/economy/policy/psus-to-take-over-stressed-assets-arun-jaitley/articleshow/55033708.cms
FM says NPA recovery affected due to existing anti-graft law

Finance minister Arun Jaitley on Friday said that the existing provisions of the Prevention of Corruption Act (PCA) which do not distinguish... ...

http://smartinvestor.business-standard.com/market/Marketnews-420309-Marketnewsdet-FM_says_NPA_recovery_affected_due_to_existing_anti_graft_law.htm
Finmin to PSBs

NEW DELHI: The Finance Ministry has asked public sector banks to approach the newly constituted overseeing committee (OC) for resolution of all... ...

http://economictimes.indiatimes.com/news/economy/policy/refer-all-high-value-npa-resolution-cases-to-oc-finmin-to-psbs/articleshow/54877980.cms
Two large PSU banks may merge, says Vinod Rai

Banks Board Bureau chief Vinod Rai (Pic: Kamlesh Pednekar) The Centre may merge two large state-run banks in the coming financial year once a... ...

http://smartinvestor.business-standard.com/market/Marketnews-418091-Marketnewsdet-Two_large_PSU_banks_may_merge_says_Vinod_Rai.htm

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