'The snakes and ladders game will continue till the consolidation process is complete simply because we don't know how bad the scene is, with some of the banks being merged,' says Tamal Bandyopadhyay.
On July 16, 1991, the world's first hospital on a train chugged out of Mumbai's Chhatrapati Shivaji Terminus on its maiden journey. Twenty-six years later, the Lifeline Express (also called Jeevan Rekha Express) continues to take a multitude of medical services, from major surgeries to dedicated cancer treatment, to the people of India.
The toll in Uttar Pradesh floods on Monday mounted to 41, with reports of 13 more deaths in the state where over 1,000 villages were affected by the flood waters of several rivers flowing above the danger mark.
Rejig likely every few years to make company flexible to the changing needs of business
The circular says even a day's delay in servicing loans would be now taken as a 'default'. And once in default, for loans above Rs 2,000 crore, the banks will have to arrive at a resolution within 180 days, else lenders will have to file an application under the IBC within 15 days.
As per the order of General Administration Department's Additional Secretary K K Katiya, the MoS status has been accorded to Narmadanand Maharaj, Hariharanand Maharaj, Computer Baba, Bhayyu Maharaj and Pandit Yogendra Mahant.
Like everything else, the structure of banks may change, and banks may depend more on digital technologies and artificial intelligence for dealing with both their customers and employees.
There's a long way to go before human beings are replaced by machines -- in banks at least.
The move will have cascading effects for lot of related sectors
The NCLAT's order is offensive because it goes against every tenet of bankruptcy reorganisation. If Justice Sudhansu Mukhopadhyay's tenets are accepted by the Supreme Court, we will not only regress in modern bankruptcy reorganisation but also slide back in the Doing Business rankings, says Omkar Goswami.
Experts say the move will make matters worse for buyers, reports Karan Choudhury.
At stumps on the second day, Jaffer was batting on 61 off 120 balls and Akshay Wakhare was yet to open his account, as Vidabha trailed by 89 runs.
Currently the currency in stock is about Rs 2 lakh crore and the reserves are adequate to meet any unusual spurt in demand
Celebrity nutritionists Niti Desai will be available to provide diet tips for a healthy heart Wednesday October 8, 2014, between 3 pm and 4 pm.
So far, among the IBC cases, SBI has been able to recover Rs 8,500 crore from Tata Steel's acquisition of Bhushan Steel. Another Rs 1,500 crore is in an escrow account on account of Electrosteel Steels.
Paytm plans to induct 5,000 manufacturers and sellers; has started programmes to identify and train new sellers.
RBI said inflation in the second half of the current fiscal is projected at 2.7-3.2%. It retained its GDP forecast for the current fiscal at 7.4%
While the total disbursement of housing loans by PSBs as well as HFCs witnessed a deceleration in 2016-17, there was significant growth for the lower slabs
State Bank of India (SBI) chairman Rajnish Kumar, in conversation with Abhijit Lele, also says that the overhang of corporate debt stress will begin to recede in the next two-three quarters.
District Magistrate of Saharanpur, which recently witnessed communal clashes claiming 3 lives, was on Monday night transferred in a major reshuffle of Uttar Pradesh bureaucracy.
The banking sector's credibility is on thin ice. Unless the government takes strict steps, things could get worse.
A round-up of Ranji Trophy matches played on Thursday
Why check into a hotel when you can pitch a tent and get close to nature.
The move, amid a rise in slippages from restructured assets, is aimed at resolving stress in the banking system.
The success of internal communication depends on its utilisation.
Dabhol's assets will be demerged into the power plant and the LNG terminal.
The India Abroad Person of the Year Awards, held at the National Museum of the American Indian in New York City on Friday June 12, honored 14 achievers in seven categories.
In an online chat with readers, chef Sanjeev Kapoor shares interesting anecdotes from his culinary journey.
Prem Panicker, on the Rediff chat, delves on what went wrong for Team India and what to expect from Sunday's trans-Tasman World Cup final.
