The RBI, which has no interest or mechanism to get feedback from bank customers, is unaware of this. If made aware, it remains silent, proving that it has no problem in allowing lenders to short-change its customers, says Debashis Basu.
The COVID-19 tests will be started at every polling station in the containment zones of Delhi in a few days
Over 3,66,000 Americans have tested positive for the deadly coronavirus.
Hercules Singh Munda's father used to open the gates to a forest. Today, Hercules leaves for London to open the gates of his many dreams.
Outsourcing company iGate Corporation on Wednesday said it has bagged a major five-year contract worth over $100 million (about Rs 598 crore) for providing global infrastructure services for insurance major MetLife, Inc.
The Indian pace bowlers aren't getting any younger and team's think-tank realises the need to get the next crop of speed merchants ready in the near future, said skipper Virat Kohli. While Jasprit Bumrah is expected to lead the pace pack for many more years, Ishant Sharma, who will be 32 this year and Mohammed Shami (29) have already reached the peak of their prowess. Not to forget, Umesh Yadav will turn 33 this year.
While Bhasin will be getting provident fund money and gratuity, he would not be getting leave encashment for 420 days, medical reimbursement for himself and wife, free passes for himself and wife, and holiday home facilities.
Husbands need to take equal share, parents can lend a hand. It is important for women to dispel any self-doubt they have.
'The air force has treated the Tejas like a step child.' 'The Tejas has grown in capability, but the IAF has preferred foreign fighters like the Rafale.'
The government is considering setting up air freight stations to enable direct movement of vaccines from pharmaceutical factories to the aircraft.
Ama Tsogspa believes that any issue related to the community is their concern and responds to it organically.
Union finance minister Pranab Mukherjee said Indian diplomacy needed to acquire an economic perspective to its thinking and strategic approach, for furthering the country's interests in the changing global order.
'As long as people are eating we will be there,' Rebel Foods CEO Jaydeep Barman tells Viveat Susan Pinto and Niraj Bhatt.
The Professional Footballers' Association (PFA) are in talks with the Premier League over how best to deal with the current suspension of competition, but the moves by some clubs to use the government's furlough scheme has prompted sharp criticism.
Tamal Bandyopadhyay details HDFC Bank's digital journey.
With the management of most State-owned banks hardly having time to concentrate on big-ticket business, growing the business of loan disbursals has been pushed down the priority order.
'Flush with funds, lending became a cash management exercise.' 'Road projects, power generation plants, airports etc were financed left and right with apparently no regard for the projects' ability to repay,' explains S Muralidharan, former managing director, BNP Paribas.
The IAF has paid French aerospace firms Dassault and Thales about Euro 350 million for 'performance-based logistics'. This requires the vendors to ensure that 75 per cent of the Rafale fleet is combat-ready at all times, notes Ajai Shukla.
The plea filed by the father of the Pradhyumn's father Barun Chandra Thakur, sought cancellation of their interim bail granted by the high court on October 7.
Experts say, auditors must not allow themselves to be intimidated by the client management into conducting audits by conversation. It is important for auditors to conduct proper interviews and ask probing and searching questions.
'Oh god, these workers will now spread the virus! Their only concern was to think about themselves.' 'The middle class was only concerned with flattening the curve of coronavirus and they were not bothered about how these workers live in one room with 10 people or 20 people.'
Celkon Mobiles is all set to launch the 7-inch sim-based tablet Celtab (CT2), priced at Rs 7499, based on Android Ice Cream Sandwich Operating System, a month after it forayed into the segment with e-tab CT1.
Across Yes Bank branches, the busiest people were the relationship managers, trying to soothe nerves. Many were seen advising clients the situation was only temporary and that their money was safe.
Two men came on a motorcycle and threw a grenade in front of the shopping mall at arterial R G Baruah Road just opposite the zoo around 8 pm.
NextTable is the ninth acquisition for Zomato in the past year.
On Monday, the Supreme Court directed that the famous Nataraja temple in the town of Chidambaram in Tamil Nadu will be managed by priests and not by the state government.
'The COVID-19 pandemic must push the military into a long-term reconsideration of its primary challenges.' 'There must be greater emphasis on humanitarian aid and disaster relief including the management of contagious illnesses and impending crises caused by climate change,' notes Ajai Shukla.
Because of Rajan's policies, the banking system has mustered enough courage to disclose their toxic assets
'Allocate some parts of one's surplus income towards cryptocurrencies, considering the immense growth potential of this emerging asset class.'
'The entire government-owned banking system (excluding SBI) is now in the red.' 'But worse is to come,' warns T N Ninan.
'The most ambitious part of the BAE-HAL agreement involves building an advanced version of the Hawk, which could be used as a light, manoeuvrable, fighter that could operate in the narrow valleys of India's Himalayan frontier, where high-performance fighters cannot turn,' reports Ajai Shukla.
RBI has underlined the need for effective risk control mechanism in banks to avoid scams and banking frauds.
Was Kerkar duped by his employees, as he claims, or did a cocktail of greed, poor cost control and bad management bring the travel firm down, wonder Pavan Lall and Aneesh Phadnis.
There were two questions everyone wanted to know the answer to. 1. Did Raghuram Rajan advise the Congress on the much-discussed NYAY scheme, as claimed by Rahul Gandhi? 2. Will Raghuram Rajan become India's next finance minister?
It may not be an exaggeration to say that in the next three years, in India itself a million jobs or more might be at risk due to automation. How we leverage its benefits will determine our fate in the digital era.
Cities are setting the rules that now carry life and death implications for their residents, and most of these rules are sought to be set by the municipal authorities who have never wielded such power, reports Subhomoy Bhattacharjee.
The assets in control of MFs soared to a record high of Rs 17.9 lakh crore last month
Indians at large harbour a notion that their country is cherrypicking out of the American basket of goodies, but the policymakers in Delhi and the political leadership are well aware that it can only be a pipe dream since a military alliance with a superpower is a profound irrevocable commitment, observes Ambassador M K Bhadrakumar.