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Fitch on what's ailing the Indian banks

  The gross non-performing assets of public sector banks rose to 6.03 per cent at the end of June, as against 5.20 per cent in March. Indian banks are stable but there will be challenges......

Banks have all powers to deal with wilful defaulters: Jaitley

The gross non-performing assets of public sector banks rose to 6.03% at the end of June Concerned over ‘unacceptable’ non-performing assets levels, Finance Minister Arun Jaitley on......

Mallya ready to smoke the peace pipe with banks

  A source close to the UB group said Mallya was willing to settle with the public-sector banks by selling part of his stake in various companies and assets based in India and abroad. In a......

Finance ministry asks banks to revisit risk management process

The Finance Ministry has asked all public sector undertaking banks to review their internal risk management process to prevent recurrence of frauds such as around Rs 6,000-crore (Rs 60-billion)......

Loans from these 7 banks to get cheaper

While the base rate cut so far has come mostly from public sector lenders except Axis Bank, other private peers are expected to follow suit soon. State-run lenders Punjab National Bank, Bank of......
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Winners of RNG Awards

The Indian Express PRAKASH KARDALEY MEMORIAL AWARD FOR CIVIC JOURNALISM 2013 Richard Joseph Rashtra Deepika For documenting the lives... ...
EPFO wants to invest more in govt securities

Recent attempts to revamp the Employees Provident Fund Organisation's (EPFO) investment pattern with a gradual shift to riskier, higher-yielding... ...
What is economic reform, what is not

There is a more nuanced approach to embracing a market economy. Growth is necessary but not sufficient to address age-old problems of poverty,... ...
reform to transform

My government took office nearly 18 months ago. The Indian economy faced serious challenges. A high fiscal deficit, a high current account deficit,... ...
how to make it a success

Provided by France 24 EN Eric Feferberg, AFP | Performers wearing effigies of the leaders of Germany, China, the US, India and France gather for a... ...

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