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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......

Education loans come back to haunt banks

The surge in education loans offered by state-run banks in the last decade is coming back to haunt the lenders. Some public sector banks have recorded gross non-performing assets as high as 15 per......

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Coming to India and making

Success in manufacturing is not just about being cheap - cheap labour, cheap land, cheap power...
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