Heading to the third year, will Urjit Patel be busy firefighting a currency crisis? Almost no governor of the RBI managed to evade it and Patel perhaps knows it.
The unidentified hackers had executed money transfers on two separate occasions - August 11 and August 13 - which raises the question of why pro-active measures were not taken on the first night itself
With assets depreciating over time, it will lead to large haircuts for lenders and creditors, say experts
Signs of financial stress were visible when the airline reported a loss of Rs 10.40 billion.
As a result of the mass state-led scheme, the processes in the health insurance market could get simplified over time and become uniform
Factors like dedicated recovery teams, centralised follow-up on bad loan accounts and resolutions via NCLT are driving the trend
Experts say that under the liquidation process, financial and operational creditors are less likely to recover the full-value of their dues, while employees may not get their full salaries.
Advait Rao Palepu reports how a recent Supreme Court order will impact motor vehicles insurance policies.
The central government's deposits with the RBI had fallen to just Rs 100 crore as of June 8.
Insurer has also made fresh investments since December 2015 quarter when RBI told banks to recognise bad loans
This will be the largest claim in the aviation sector for Indian insurers in the last three years
Analysts say strengthening bank's capital will boost earnings, bank needs chief with long stint to run show
According to SBI executives, the aim is to do things efficiently with an eye on profitability, and get a feedback on areas, including which business to enter and which to exit.
The buyout will cost LIC about Rs 100 billion, based on the Rs 248 billion market capitalisation of IDBI Bank as on Friday, and assuming it acquires a 40 per cent equity stake from the government.
Bankers have decided to fight back against 'arbitrary arrests' and 'harassment' by probe agencies.
These recommendations are based on interactions held by the Banks Board Bureau with eligible candidates from PSBs towards appointment against vacancies in PSBs for the period 2018-19
It was primarily due to a higher trade deficit ($41.6 billion) brought about by a larger increase in merchandise import.
Ruchi Soya was admitted to the corporate insolvency resolution process (CIRP) in December 2017 and owes lenders Rs 12,000 crore.
The 'bad bank' -- which will help banks clear their balance sheets by transferring the NPAs to special purpose vehicles -- has been one of the most debated ideas for stressed asset resolution.
Insolvency and Bankruptcy Code bound stocks have witnessed a steep fall in 2018.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances