Banks in India must have a modern approach, suggests a panel comprising of banking bigwigs.
Farhan Akhtar's Bhaag Milkha Bhaag does not offer anything new
All the IPL 10 numbers, from Rajneesh Gupta.
Under Sharma Axis Bank has also taken the lead in focusing on technology, which has now become core to almost every other lender's strategy.
The finance ministry is not only keen to split the roles of CMD, but also wants to appoint them for a fixed tenure of five years.
Once these banks start showing losses, they will not be able to pay dividends to the government nor pay taxes, which will further aggravate the situation for the government as its return on investment as an investor would be very negligible for the next few years, says M V Subramanian.
The government has provided a long-term vision.
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