State Bank of India's push among fellow bankers to appoint an external agency to run debt-heavy Bhushan Steel might not be smooth sailing.
The company recently completed its full integration at the Tirupur unit.
Bankers said fear of loan losses impairing their careers could make officers wary of sanctioning new loan proposals on their own.
Fresh hiring might slow as banks likely to focus on improving efficiencies.
Vijay Mallya, the embattled chairman of the UB Group, is not likely to be immediately named a wilful defaulter by the United Bank of India.
Mukesh Ambani, the new media mogul of country, has his strategy cut out. For the ETV bouquet of channels, the focus would be the general entertainment channels (GEC).
Today, the company has created a portfolio of vibrant world-class brands.
Writes to shareholders highlighting its performance, governance practices.
The agreement says UB Group and Adventz will have the right of first refusal over each other's shares.
ICICI Bank, HDFC Bank and Axis Bank reported healthy loan growth and asset quality.
Poddar had earlier said he would sell his stake in Mangalore Chemicals to the highest bidder.
IBA has commissioned a study to evaluate the pros and cons of keeping banks shut on Saturdays.
With the advent of new banks, IT firms will get boostto their businesses.
Most players will need to burn the midnight oil to meet the deadline for creating a bank as well as specific norms set by RBI.
It is also learnt that Deutche bank has initiated a search for a new head of its private wealth management business in India
Indian traveller is no longer satisfied with a single annual vacation, but is increasingly demanding multiple holidays and festive breaks offer an ideal opportunity.
According to sources, a few hundred have been issued to Indian businessmen, celebrities and brand experts.
Bankers of HPL too have endorsed the idea and are pitching hard for the chairmanship of Chatterjee.
The Central Vigilance Committee has sought loan data from United Bank
The Reserve Bank of india is likely to tell state-run United Bank of India (UBI), which has seen erosion of capital due to bad loans and higher provisioning to implement prompt corrective action.
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