We're not asking for anything new; we're only demanding what has already been promised to us,' Colonel Sanjay Arya (retd) -- one of the many ex-servicemen who protested at Jantar Mantar against the government's delay in implementing One Rank, One Pension -- tells Insiyah Vahanvaty.
United Bank of India has asked Vijay Mallya and three other directors of grounded Kingfisher Airlines to appear before a panel of the bank at the head office in Kolkata on July 9.
An administrative enquiry is under way to find out why United Bank's non-performing assets had been under-reported.
Adopting a wait- and-watch approach ahead of US Fed meeting
Mulls ways to improve the bank's earnings, cut bad loans and step up credit recovery efforts
Ironically, bad loans and non-performing assets are on the rise in public sector banks in India, say sector watchers.