China Development Bank takes Reliance Communications to NCLT over loan default
Soulful strains of classical music wafted through the chilly air as the ninth edition of the Zee Jaipur Literature Festival kicked off in Jaipur on Thursday at its usual venue, the sun-kissed Diggi Palace grounds, amid elaborate security arrangements.
Question remains, what happens when the overseeing committees' members themselves are questioned by investigative agencies?
In the seventh edition of Jaipur Literature Festival, not only there would be writers to discuss topics ranging from economics to food, politics to fiction and everything else in between but there would be a smartphone app for new age art and literature lovers while 240 speakers will comprises writers of 20 languages.
Two Nobel Laureates, four listed writers of this year's Man Booker Prize, Pulitzer Prize winners and finalists, winners of Commonwealth Writers' Prize, Crossword Prize and film stars will be the attraction at the most sought after literary event in India -- the Jaipur Literature Festival.
Banks given 180-day time for NPA resolution, matter to be referred to Insolvency Board within 15 days.
Resolution to the bad loans problem has to be incremental, and the RBI has to ensure NPAs are not swept under the carpet, HDFC chairman Deepak Parekh tells Joydeep Ghosh.
The presence of National Award winning lyricist Prasoon Joshi at the Jaipur Literature Festival drew a packed house at the sessions he attended.
Say 30 days not enough to resolve stress; want higher provision norms deferred till economy picks up
Bollywood actor Anupam Kher sparred during a debate over the limits imposed on freedom of speech and were joined in by a politically divided audience at the Jaipur Lit Fest.
RBI has identified about 50 cases for NPA resolution after it was empowered by the government to ask banks to initiate insolvency proceedings.
The framework also envisages amendments to the Prevention of Corruption Act to exempt commercial decisions by PSBs from scrutiny by investigating agencies. Both the amendments are likely in the monsoon session of Parliament.
With the 50 bps rate cut now more banks are expected to reduce their base rate.
With March 2016 being the final quarter when banks will have to disclose their stressed assets, the markets are assuming the worst is yet to come
Naipaul's views against the commonplace perception towards colonised countries and their people were not the only thing controversial about the famed author.
Lack of decisiveness and courage to deal with PSBs may turn out be the biggest impediment to the Modi government's economic initiatives, says Debashis Basu.
The RBI should provide readily accessible summary information on its website about all corporate debt defaulters and the amounts involved.
'The overall stress on asset quality is indeed coming down.'
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.
'I can tell you the case that hurts me the most is the one in which the little boy is forced to sign the Kohinoor over.' 'You take a mother away from a child, you surround him with grown ups speaking a different language, you tell him he must sign this over or else...'
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances