'No amount of Sivamani's finger-snapping music can shake off the bechara burden Lydian Nadhaswaram's real-life piano prodigy is forced to carry,' notes Sukanya Verma.
As their non-performing assets have risen sharply even as loans have remained stagnant, RBI steps in with stringent loan-management measures.
Raman was removed by Lal and Naik's CAC, which reinstated Ramesh Powar, who was removed from the same post in 2018.
It is a classic case of extremes: The worst contraction in GDP along with the highest-ever levels of cash in the economy; and a severe dent in consumption together with strong growth in bank deposits and digital payments.
Most of the jewellers who had reopened their showrooms in confusion on Monday, kept shutters down today at Mumbai's Zaveri Bazar and several other places, demanding rollback of the proposal.
A frustrated Sheldon Jackson called for transparency from the national selectors after he was ignored from the India 'A' and Duleep squads despite consistent performances in the domestic circuit last season.
International airlines are offering affected passengers an option of refund, vouchers, discounts on future bookings, and the opportunity to hold tickets for up to two years following travel bans.
'Whatever I did, I did for the farmers and whatever I am doing, I am doing for the country'
RBI had on February 12, 2018 issued a circular saying that lenders have to provide for resolution plan within 180 days in case of large account of Rs 2,000 crore and above.
PSG make winning start as Messi arrival looms
International and Indian airlines are refusing to refund cash and giving credit that can be used later.
'I am still very passionate to go out there, be there in the middle and win games for India. I know there is still room for improvements in terms of my batting and that is something I am working on... There are certain dimensions I would like to add to my batting...'
At 70 minutes long, London Confidential is a crisp watch, notes Joginder Tuteja.
With entry-level cars being preferred amid the pandemic, market leader Maruti Suzuki has strengthened its hold, along with Hyundai Motor India.
The 'DPD' indicates how many days a payment on a respective account has been delayed. Simply put, it's trouble for the borrower
The All India Bank Officers' Confederation has condemned the purported "unsavoury attack" on SBI chairman Rajnish Kumar by Finance Minister Nirmala Sitharaman during a banking event last month in Guwahati. The association claimed that an audio clip has gone viral on social media that revealed the finance minister coming down heavily on the SBI chief, accusing him of poor credit uptick, during an outreach programme in late February.
The only way for Dravid to sort out the mess was by forcing a showdown and getting Chappell removed as coach. That possibility was remote as Dravid neither had the ears of the BCCI nor was he the sort to confront knotty issues head on. A fascinating excerpt from Pradeep Magazine's Not Just Cricket: A Reporter's Journey through Modern India.
'As banks grapple with risk aversion and savers see an erosion in the value of money, the P2P platform can be a win-win for both borrowers and lenders,' notes Tamal Bandyopadhyay.
Deepak Kumar and Divyansh Singh Panwar finished a lowly 26th and 32nd respectively in the men's 10 metres Air Rifle event of the Tokyo Olympics on Sunday
'We will see footfall returning to pre-COVID levels by January.'
Seed and early-stage start-ups are high-risk businesses, rarely have collateral and only 1 in 10 of them makes it to becoming a viable company.
Kapil Dev's historic World Cup win wasn't the only highlight of 1983. Sukanya Verma looks back how the year treated Bollywood.
Vikram Kothari took a loan of Rs 485 crore from Mumbai-based Union Bank of India and a loan of Rs 352 crore from Kolkata-based Allahabad Bank. A year later, Kothari has reportedly not paid back either the interest or the loan.
A summary of sports events and persons who made news on Friday
While players like Paytm, MobiKwik, and PhonePe allow you to buy gold for Rs 1, Amazon Pay has kept the minimum amount at Rs 5. Digital gold is essentially an avenue for investing in physical gold.
'The solution is to enable a graceful transfer of the deposit and funding 'franchise' from capital-deficient firms to capital-surplus firms.' 'This will expand credit intermediation, bring down its costs, and put the financial sector on a definite path of recovery,' argues former RBI deputy governor Viral Acharya.
Most of the bullion markets and jewellery showrooms remained closed in major cities.
Mumbai, Bengaluru, and Kochi airports have hiked their landing charges by up to 45 per cent, increasing the operating cost for airlines at a time they are facing financial constraints because of the two months of grounding and weak demand.
Yadav said the nationwide strike has affected over 35 lakh (3.5 million) people.
Record-busting shoes loom large in marathon debate
Seek easing of asset classification guidelines for better credit flow.
For quite some time, there was speculation that actor-politician Kamal Haasan-led Makkal Needhi Maiam and the DMK would sign up with the strategist for the 2021 assembly polls.
But what do banks gain by opening their apps for all? The answer -- rival bank's customers under their fold.
The association demanded that the interest rates for developers as well as home buyers should be brought down to boost realty sector, which is facing a slowdown in demand.
'The confidence and the kind of cricket India has played in the recent past will be a big factor.'
Collection dived to 75-80% in November-December from 99% after demonetisation.
The RBI is scheduled to announce the annual credit policy for 2011-12 on May 3. Industry representatives are expected to press the RBI to lower interest rates so that credit becomes cheaper for them in the customary pre-policy meeting.
Public sector banks, including the country's largest lender State Bank of India (SBI), have come out with a templated approach for restructuring retail and small business loans of up to Rs 25 crore under the Reserve Bank of India's (RBI) Covid restructuring package 2.0. They have also come out with standardised products to make funds available to business entities for improving healthcare infrastructure and to individuals for meeting Covid treatment expenses. Business loans have been divided into three categories.
A round-up of the fourth and final day's play in the Ranji Trophy matches across the country.
Can't get over Deepika Padukone and Ranveer Singh's effortless style? The credit goes to this bunch of talented people.
