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India Debt Reconstruction Company Ltd

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Rogue ARCs must be punished

Search and seizure operations at 60 premises of four ARCs have exposed the 'unholy nexus' between borrowers and ARCs.Yet another scam that will embarrass the RBI, points out Tamal Bandyopadhyay.......

What was Pratip Chaudhuri's crime?

The account turned bad before Chaudhari took over as SBI chairman and the asset was sold to AARC following an open bidding process, months after Chaudhari retired, explains Tamal Bandyopadhyay.......

Bad Bank. Good Intention. Bad Lending

Rogue lending under political influence was rife in the Congress-led regime and is not happening in the Modi regime, certainly not on that scale.But if PSBs cannot lend as indiscriminately as they......

Air India sale: Govt signs share purchase agreement with Tata Sons

The government on Monday signed the share purchase agreement with Tata Sons for the sale of national carrier Air India for Rs 18,000 crore. Earlier this month, the government had accepted an offer......

Why Moody's outlook on India need to be viewed with scepticism

Chief Economic Advisor K Subramanian said it is evident that investors into the Indian economy look for better cues than a ratings call. The improved outlook on the Government of India announced......

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