News for '-narc'

PSBs will only lead bad bank, pvt banks also need to support: SBI

State-run lenders will take a lead in creation of the bad bank, but the sick asset resolution platform needs the support of private banks and other lenders to be successful, State Bank of India managing director Swaminathan J said on Thursday. If all lenders come on board, the National Asset Reconstruction Company (NARC) announced in the budget will be able to aggregate 100 per cent of a sick company's outstanding loans, which shall ultimately lead to better resolution of the asset quality stress for all. The government is yet to announce the specific contours of the NARC or the bad bank and has also only said that it is willing to provide some sovereign guarantee to help the platform.

Who is Sameer Wankhede, really?

For some, he's a bully and probable 'blackmailer' who targeted the rich and famous, especially in Bollywood, for fame, and allegedly, ransom. For others, he's finally the one brave narc who decided to do his job, no matter how powerful his quarry, observes Shekhar Gupta.

Mission Impossible 3 needs a director

10 OTT Shows To Watch

The OTT scene is bursting with action. Sukanya Verma gives her 10 exciting new recommendations for the week.

No Mission, it's War for Tom Cruise!