It will be helpful advice for a chief minister-in-waiting who is going to have to deal with empty coffers and overflowing expectations
The scaling down of the branch expansion plan is part of SBI's overall game plan to check costs.
The refusal to auction 2G spectrum ensures that the debate over Trai's recommendations will centre on whether one group was favoured over the other in the past and whether one wrong justifies another.
State Bank of India (SBI) wants to extend its footprint to 11,943 unbanked villages, with a population of at least 2,000, this financial year. The country's largest lender recently submitted its plan to the Reserve Bank of India (RBI).
Winds of change are blowing across Mumbai's Mint Road.
In a sense, C K Prahalad was behind the curve; he provided coherent articulation of existing best practices rather than providing future prescriptions.
If CAG indicts Raja, will action be taken? asks Business Standard.
There is nothing wrong in business persons and professionals entering public life and becoming ministers. But once they do so, they should keep at an arms length their private interests, both of their own and their near and dear ones.
Serious money has finally found its way into Indian sport.
Apart from the possibility that top-class foreign universities will not want to set up campuses if they're going to come in as 'deemed universities', there is the issue of a level playing field for Indian institutions. Here are two voices, one for and the other against the Bill. Read on. . .
Economic reform entails reducing the space for arbitrary decision-making and ensuring transparency in policy.
There's far too much to be said against Nuclear Liability Bill
Given the tight control on expenditure the finance minister has exercised and how niggardly the increases have been on flagship programmes - Bharat Nirman has risen from Rs 32,473 crore (Rs 324.73 billion) to Rs 35,953 crore (Rs 359.53 billion) and employment guarantee from Rs 39,100 crore (Rs 391 billion) to Rs 40,100 crore (Rs 401 billion) - it's natural to wonder whether the deficit reduction targets are for real.
The agricultural growth package mooted in the Union Budget for 2010-11 seems well conceived but not adequately supported by funding for its key elements. This, surprisingly, is despite the 21.6 per cent increase in the overall Central plan outlay for agriculture and allied sectors, the highest hike in recent years.
Just 6.4% of branches owned by new private sector banks are in the rural areas
Mr Mukherjee has presented a good budget, perhaps even a very good one under the circumstances, but he has shied away from presenting a great budget.
Privatising the railways is not on her agenda. But the minister wants to earn revenue for the government by all means possible, and also do social good. railway Railway Minister Mamata Banerjee talks of her pet public-private partnership and Vision 2020. Edited excerpts:
Indian banks, which are increasingly getting worried due to asset-liability mismatch, have sought the government's approval to float tax-free bonds.
Questions market regulator's showcause to insurers on conceptual, legal, structural grounds.
It took India's IT-BPO sector just over a decade to grow more than 12 times, from $4 billion in 1998 to a shade under $50 billion in 2009. Admittedly, the target set by the software service providers' body Nasscom was off by a year.