The move comes ahead of the tighter provisioning norms kicking in from next April
NPAs, cost, fee income, productivity, HR reorientation are focus areas; schedules drawn for addressing all from weeks to a year.
India Inc has few leaders who are likely to grab headlines in 2015.
What will be the impact on the Euro itself? Will it devalue and to what extent?
Payments banks will mainly deal in remittance services and accept deposits of up to Rs 1 lakh.
The Reserve Bank left interest rate unchanged.
Public sector banks are inefficient, poorly governed and beset by largescale corruption.
Describing India as an "emerging democratic superpower", Australian Prime Minister Tony Abbott on Thursday kicked off his two-day India visit during which the two countries are likely to clinch an elusive civil nuclear deal.
Inflow of more funds is likely to widen the reach of insurance and drive M&A activities in the sector where growth has stalled.
Berkshire Hathaway annual meetings are most awaited.
This has spelt trouble for the mills. Most of them are unable to pay the farmers.
This is the first time in the RBI's history that a governor is leaving without willing to renew his contract
The second fortnight of September saw Rs 3 lakh crore of time deposits, something unique, followed by liquidation of Rs 1.2 lakh crpre of these right after.
Banks in India must have a modern approach, suggests a panel comprising of banking bigwigs.
'Rajan brought in a healthy air of competition in the banking sector.'
'The Budget has maintained fiscal prudence while announcing a number of steps to boost growth, particularly in infrastructure and rural sectors.'
'The overall stress on asset quality is indeed coming down.'
'SBI is already too big. Too big to fail.' 'It already is a moral hazard. What will it do with 20,000 branches that it cannot do with 14,000, especially in these days of online and mobile banking?'
ugar mills in UP owe thousands of crores to cane farmers.
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