Property buyers fund the project cost and the entire debt and entire equity servicing, and yet, have no locus standi in the IBC process, points out Debashis Basu.
Pakistan cricket's tainted duo Salman Butt and Mohammed Asif started their journey on the road to redemption with both the convicted spot-fixers making a successful return to competitive cricket during the National One-Day Competition, in Hyderabad (Sind). Having served a prison sentence and a subsequent ban, it was the duo's first match in five years and four months since they were caught for spot-fixing during the 2010 series against England. Former national captain Butt scored an attractive 135 while swing bowler Asif looked in good rhythm taking 2/23 in 6 overs with their team Water and Power Development Authority (WAPDA) defeating FATA region in a match played at Hyderabad (Sind).
In the biggest consolidation exercise in the banking space, the government on Friday announced four major mergers of public sector banks, bringing down their total number to 12 from 27 in 2017, a move aimed at making state-owned lenders global sized banks.
They need money as Rs 100,000 cr deposits will mature by December.
A week after the Reserve Bank of India (RBI) raised key policy rates and asked banks to restrain loan growth as deposit mobilisation remains slow, three state-owned banks responded on Monday by increasing their benchmark lending rates and deposit rates.
With the addition of the seven banks - South Indian Bank, Karur Vysya, State Bank of Hyderabad, State Bank of Bikaner, State Bank of Travancore, State Bank of Mysore, and Punjab and Sind Bank - the number of banks allowed to import the precious metals now stands at 30.
Gitanjali Gurbaxani, whose family has known Ram Jethmalani since their Pre-Partition days in Sind, recalls the legal luminary and 'the pride of the Sindhi community'.
Punjab & Sind Bank plans to offer 5% each to top institutions
PSB may get its first non-Sikh at the helm, vigilance clearances are awaited.
'With the extension issue settled clearly in his favour, Gen Bajwa would be free to fashion a more hardline policy against India. 'We could, therefore, expect a raising of the ante in Kashmir,' says Rana Banerji.
'By convention, the prime minister is technically kept in the loop for the DG, ISI's appointment.' 'It remains to be seen if Prime Minister Imran Khan is able to indicate any preference by then,' says Rana Banerji, who headed the Pakistan Desk at the Research and Analysis Wing, India's external intelligence agency.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The company's IPO -- the first by a private bank in a decade -- was oversubscribed a staggering 69.62 times.
The country's largest lender State Bank of India will get the largest sum of Rs 8,800 crore as government's capital infusion.
Guru Gobind Singh Indraprastha University (GGSIPU) invites applications for its undergradaute and postgraduate courses for the academic year of 2008-09.
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.
A 71-year-old man, whose dream of starting a business with his life savings got shattered as a bank negligently transferred his money to a stranger, has now been provided relief with the National Consumer Commission asking the Punjab and Sind Bank to pay him Rs 15.5 lakh.
At a hearing before Master David Cook at the Queen's Bench Division of the court, Mallya's legal team sought a dismissal of the interim order.
In the semi-finals, Indian Airlines beat Punjab and Sind Bank via the tie-breaker, while BSF got the better of Indian Oil.
Punjab and Sind Bank will lock horns with Indian Oil in the final of the Surjit hockey tournament.
The former beat Railways 1-0 while PSB blanked Chandigarh 2-0 in the Super League of the National hockey championship.
Punjab and Sind Bank will take on Services in the first Super League match of the 62nd Senior\nNational Hockey Championship at the Surjit hockey stadium in Jalandhar on Saturday.
Sandeep Singh 's brace from penalty-corners gave Airlines a 2-0 victory over Punjab and Sing Bank in the final
Punjab and Sind Bank beat Indian Oil 2-0 in the final to win the Major Rangaswamy Trophy.
The Punjab and Sind Bank scraped past Border Security Force 1-0 to win the 111th All India Beighton Cup hockey
In another match in the Maharaja Ranjit Singh Hockey Tournament, Indian Airlines beat Punjab Sind Bank 2-0.
The Mumbai Police on Wednesday arrested Ashok Advani, publisher of Business India and former director of the Mumbai-based Jai Hind Cooperative Bank, on charges of embezzling Rs 27 crore from a savings account held by a trust.
Western Railway pipped holders Punjab and Sind Bank 4-3 in a thrilling final of the Bombay Gold Cup hockey tournament
IOC beat defending champions Indian Airlines 4-1, while PSB edged past Services 2-1 in the 61st Senior National Hockey Championship.
Punjab and Sind Bank thrashed ITBP 7-1 in a Pool I match of the 61st National Hockey Championship.
He will be the first spiritual master from India to visit Pakistan on such a mission, a statement from Sri Sri Media Relations said.
In another match, in the Super League of the Ranjit Singh hockey tournament, Punjab Police blanked Sapura Hockey Club from Malaysia 3-0.
PSB rallied to beat Army XI 2-1 while BSF overcame Indian Airlines 7-6 via the tie-breaker after full-time ended 1-1 in the semi-finals.
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