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What will Indian politics look like post lockdown?

'If the virulence of COVID-19 has muted the toxicity of the BJP's communalism, it will be an example of good coming out of the pandemic,' notes Amulya Ganguli. IMAGE: Demonstrators at a protest......

'I'm being called a Pakistani whore'

'If this is the India you're talking about, where there is no space for minorities, where you have hate, where people can enter universities and beat students up, let me be anti-national.''I'll......

'Secularism has become a dirty word'

'If any party talks too much about Muslims, it will lose.' Illustration: Uttam Ghosh/Rediff.com "The space for secularism has weakened, but it hasn't vanished all together. Many people are afraid......

ED attaches Rs 2,800 cr assets of Rana Kapoor, Wadhawan brothers

Kapoor, 62, and the Wadhawans were arrested by the agency in this case early this year and they are in judicial custody at present. Assets, including flats in London and New York, with a market......

PNB ready to disburse Rs 16,000 crore in loans

'We have already sanctioned loans worth over Rs 3,000 crore to around 120,000 customers.' Illustration: Dominic Xavier/Rediff.com   Punjab National Bank is confident that its balance sheet......

Battered banks staring at uncertain future

Like everything else, the structure of banks may change, and banks may depend more on digital technologies and artificial intelligence for dealing with both their customers and employees.......

SBI's Q4 profit jumps four-fold at Rs 3,581 cr

Income of the bank during March quarter of the last financial year rose to Rs 76,027.51 crore from Rs 75,670.5 crore in the same period of 2018-19. The country's largest lender SBI on Friday......

Stimulus package: 'Bank lending targets unfeasible'

Former RBI governor R Gandhi said that the RBI needs to re-introduce a one-time restructuring package and mere moratoriums will not suffice in unprecedented times like the COVID-19 pandemic.......
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Sensex Opens Lower; Banking Stocks Under Pressure

Posted by Equitymaster Asian stock markets are lower today as Chinese and Hong Kong shares fall. The Shanghai Composite is off 1.4% while the Hang... ...

http://feeds.equitymaster.com/~r/TodaysMarket/~3/LaK0SxLfs90/tm.asp
Punjab & Sind Bank reports fraud of Rs 112 cr in 2 accounts

"It is informed that an NPA account Maha Associated Hotels Pvt Ltd with outstanding dues of Rs 71.18 crore having provisioning of Rs 44.40 crore... ...

https://economictimes.indiatimes.com/industry/banking/finance/banking/punjab-sind-bank-declares-npa-account-maha-associated-hotels-as-fraud/articleshow/76889701.cms
PNB shares tumble 4% on Rs 3,600 crore DHFL loan #39;fraud#39

A fraud of Rs 3688.58 crore in the NPA account of Dewan Housing Finance is being reported by the bank to RBI, it has told exchanges. ...

https://www.moneycontrol.com/news/buzzing-stocks/pnb-shares-tumble-4rs-3600-crore-dhfl-loan-39fraud39_14022941.html
ED attaches Rs 2,800 cr assets of Rana Kapoor, Wadhawan brothers

Kapoor, 62, and the Wadhawans were arrested by the agency in this case early this year and they are in judicial custody at present. Assets,... ...

http://www.rediff.com/money/report/ed-attaches-assets-of-rana-kapoor-wadhawan-brothers/20200709.htm
Low interest rates critical for survival of banks, says veteran banker KV Kamath

"If interest rates are at 6 percent, NPA#39;s will double in six years. Both cost of credit and the flow of credit both have to be looked at," he... ...

https://www.moneycontrol.com/news/business/low-interest-rates-critical-for-survivalbanks-says-veteran-banker-kv-kamath_14011961.html

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