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Punjab National Bank Chairman Sunil Mehta

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Ex-bureaucrats blame PM for India's 'darkest hour'

 A group of retired civil servants also called upon the PM to reach out to the families of the victims in Unnao and Kathua and "seek their forgiveness on behalf of all of us". Not in My Name, says......

Prashant Kumar to be Yes Bank's new MD & CEO

 The other board members will be Sunil Mehta, former non-executive chairman of Punjab National Bank, as the non executive chairman of Yes Bank, Mahesh Krishnamurthy and Atul Bheda as non-executive......

Yes Bank moratorium to be lifted by March 18

 The Yes Bank Reconstruction Scheme 2020, shall come into force on March 13, the gazette notification said.  The moratorium on Yes Bank will be lifted by March 18 and the new board led by......

Govt to infuse Rs 55,250 cr for strengthening banks

 The finance minister also said that the merger would not result in any retrenchment but rather improve the benefit of the employees. Illustration: Dominic Xavier/Rediff.com The government on......

RBI's new stressed asset resolution is 'practical'

 'If there is a technical issue and the borrowers can resolve it within 30 days, you don’t have to go through the bankruptcy court.''If the borrower is expecting a large disbursal of a......

Jet may get Rs 1000 cr lifeline on Monday

 The money is expected to be disbursed by the lenders consortium led by SBI after the Jet management submits an operational plan on how it intends to use the money till May 7.  The......

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