With recruitment numbers having dropped off sharply since the liberalisation process got under way in 1991, large-scale retirements of people hired during the 1970s and 1980s will leave large gaps in the organisational structures of these banks.
In most circumstances, this would have been the cause for widespread handwringing and lamentation. But in today's India, the response was more one of relief than one of shock.
RBI norms on foreign control of corporations will clear the air.
The Goa villa, Mumbai office could be put on the block.
Aspirants banking on experience and domain knowledge of veterans
The first such interaction would be in Mumbai on Monday.
Banks will ask the banking regulator to defer the higher provisioning norms on standard restructured advances.
The BRICS bank is simply too expensive a proposition for a group of developing countries that includes many who are already overspending domestically.
To recover dues from 50 top defaulters; finance ministry wants proceedings fast-tracked.
Large sectors such as metals, mining, machinery, and transportation have seen a decline.
In an interview with PricewaterhouseCoopers, A M Naik, chairman of Larsen & Toubro Limited, talks about the company's strategies, opportunities and the challenges facing it.
In an interview with PricewaterhouseCoopers, Aireen Omar, chief executive officer of AirAsia Bhd, talks about the company's strengths, opportunities and challenges.
The aviation minister, Ajit Singh, on Tata-Air Asia joint venture
The critical task facing Indian banking is to quickly improve the risk-assessment capability of the state-owned banks, which account for three-quarters of all banking; and if that fails, then to privatise them.
Set to be allowed to apply for bank licences in the final guidelines expected by the end of the month
Corporate results confirm worst fears about growth trajectory.
Even the US, whose dominance over global commerce since World War II is being challenged for the first time, is striving to expand its bilateral commerce with China.
Interview with Uday Kotak, executive vice-chairman & MD, Kotak Mahindra Bank.
Wants road map for GST, reduction in duties and no additional tax on diesel cars.
By sharing the infrastructure with others, telecom companies can drive down their costs, reduce investments and, in the process, improve their bottom line.
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