PS banks need to pull up their socks to improve cash flows.
The resolution plan has to be put to work this month itself. Jet has a debt of over Rs 8,000 crore and needs to make repayments of up to Rs 1,700 crore by the end of March.
It is expected to bring transparency and reinstate consumer faith in the industry, says Brotin Banerjee.
Movies, their motives and time of release make me wonder if we'll ever be able to see India as India and not a reflection of its governments, notes Sukanya Verma.
.jpg)
Banking as we know it will stand on its head in the next 10 years.
Gold is often favoured as a hedge against economic and financial uncertainty
Five simple tips to help the youth kick-start their financial education
Losing power after having come so close, Yediyurappa was determined to regain the reins of power from H D Kumaraswamy.
The payments banks are intended to house transactional accounts for individuals, focusing on payments and remittances.
'With the Election Commission wisening up to the practice, which strikes at the very root of electoral democracy, the practitioners of cash for votes have been getting more and more ingenious,' points out Saisuresh Sivaswamy.
Retail inflation measured by the consumer price index has risen sharply across food and non-food constituents, including services, keeping inflation expectations high, the Reserve Bank of India said in its Second Quarter Review of Monetary Policy 2013-14.
Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session.
Pulwama must become the defining moment in our fight against terror, effecting a sea change in our mindset. The erratic, blow hot blow cold approach, the hallmark of our anti-terror-Pak-Kashmir policy must end. In its place is required a pragmatic, comprehensive, robust hard line course that is relentlessly pursued even in times of relative calm until the final objective is met, namely the eradication of separatism and the total annihilation of terror, says Vivek Gumaste.
Ahead of the International Fleet Review being held in Vizag, Naval chief Admiral RK Dhowan spoke of the changing perception of the navy and the many challenges it faces.
The Wuhan meetings signify an incremental shift in China's position on India as well as each country buying time for the next phase of bilateral relations, says Srikanth Kondapalli.
Bankruptcy Code will consolidate existing laws related to liquidation and sick industries
CREDAI Chairman Lalit Jain said a long term status quo on interest rates would not help prospective home buyers.
Banks have not cut rates yet as March is typically a busy season.
A rate cut will bring positive sentiment around the Budget.
The Indian intelligence brass may have snared a key Pakistani spy and Jadhav's arrest is Pakistan's way of getting even with India, says Rajeev Sharma.
Dabba trades also allow investors to avoid SEBI registration requirements or the margin requirements set by exchanges.
The Financial Stability and Development Council meeting on Tuesday started with an air of tension in the room. An official present described the participants' body language as "tetchy". However, once presentations and discussions begun, the mood considerably eased.
Prime Minister Narendra Modi's phone call to Trump will help restore a degree of sanity to Indian statecraft and diplomacy, notes Ambassador M K Bhadrakumar.
In a bid to boost the dormant primary market, regulator Sebi said it is ready to review the mandatory grading of initial public offers.
A top-up loan could come to your rescue in an emergency. Here's why
Bookanakere Siddalingappa Yeddyurappa has navigated the choppy waters of politics with the consummate ease of a seasoned oarsman, defying tidal waves of adversity
Zed Plus allows a bunch of talented actors to rise above second rung roles and take centre stage, says Sukanya Verma.
United Spirits had a tough time in recent past due to management related issues. Going ahead, corporate governance is a big challenge, say experts.
The Reserve Bank of India kept its policy interest rate unchanged at a five-year low of 6.50 percent on Tuesday.
Over 3,500 police personnel have deployed as the farmers began their march from the Ramlila Maidan to Parliament at 10.30 am.
RBI will review the monetary policy again on September 29.
The step had been taken to lend the required 'authenticity' to electronic communications.
Consensus continues to be cautious with analysts pointing towards tougher days ahead
Banks are in need of government support to manage the stressed assets
The girl lending the helping hand won her hearts and accolades, with Hero Cyles taking special note.
Bank shares were the top gainer in early trades with Bank of Baroda up over 4%.
US president Barack Obama new initiative to help millions of proud Indian-Americans directly invest in India's future.
The apex court questioning the police about the arrests said that 'dissent is the safety valve of democracy and if you don't allow these safety valves, it will burst.'
With the stock markets scaling new heights, Finance Minister P Chidambaram on Friday sounded a note of caution and asked investors to guard against excessive exuberance.
