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Pncps

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With Rs 7,000 cr stuck, over 20k PMC Bank depositors are playing waiting game

The amount stuck is 60 per cent of the total Rs 11,800-crore in deposits. The draft amalgamation scheme of Punjab and Maharashtra Co-operative (PMC) Bank with Unity Small Finance Bank (SFB)......

Public sector banks may need more core capital

RBI may ask banks to keep hybrid instruments out of Tier-I capital. A number of public sector banks will have to stock up on core capital, if the Reserve Bank of India decides to ask banks to leave......

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Coming to India and making

Success in manufacturing is not just about being cheap - cheap labour, cheap land, cheap power...
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