This is one of the many such cases that helped to create an acute fear psychosis among public sector bankers, reveals Tamal Bandyopadhyay in his fascinating new book Pandemonium: The Great Indian Banking Tragedy.
Samvat 2072: Auto sector could see faster recovery
'It could tempt investors to pick stocks that are not fundamentally sound.'
"As an organisation committed to the rule of law, our operations in India have always conformed with our national regulations. The principles of transparency and accountability are at the heart of our work.".
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
'Like doctors, health workers, police, bankers are also COVID warriors,' notes Tamal Bandyopadhyay.
Will demonetisation lead to a rate cut, leading to higher quantum of lending?
If IOC is not allowed to run its own affairs, then we can see it close down in the next 10 to 15 years, warns Sudhir Bisht.
You can be successful only if you have bit of knowledge about investment planning options that are available in the market.
The sector employs around 1 million skilled and unskilled workers directly and indirectly and decline in exports is a major worry for participants in the value chain.
'Facilitating conversion of well-run NBFCs into banks is urgently needed.'
There are some advantages of a falling rupee.
NBFCs are mainly dependent on funding their operation from their own cash flows.
Discussion paper fixes Rs 1,000 cr as minimum capital for these specialised banks
Many would have racked up debt this Diwali, using credit cards and consumer loans. Here are a few simple steps on how to fix your financial mess, says Bindisha Sarang.
Dear readers, we had asked you to send in your personal finance queries to be answered by Basis founder and CEO Hena Mehta. Here's the first batch of responses.
Dilip Kumar Jha explains what the buyers must do to protect their own interest.
Systematic withdrawal plans in equity funds can spell trouble in a falling market, points out Deepesh Raghaw.
Airtel has pitched for a hike in mobile and data tariffs.
The one common theme across companies that have rewarded shareholders is consumption.
Use of the incorrect form will result in your return being treated as defective, points out Suresh Surana, founder, RSM India.
Each problem is discussed in detail and appropriate remedies are mentioned along with it.
Sluggish economy, high bullion prices and consumer shift towards cheaper gifting options such as electronic goods and mobiles have taken the sheen off gold
The next edition of attachments will be carried out under sections of the Criminal Procedure Code
The Reserve Bank of India's latest data indicate that spending per card is rising steadily - something that consumers should worry about
The fixed line broadband will offer "ultra high-definition entertainment on large screen TVs, multi-party video conferencing from your living room, voice-activated virtual assistants, virtual reality gaming, digital shopping, immersive experiences," Ambani said.
Opt for an affordable house on a metro's periphery, invest and wait it out.
A quick snapshot about the fundamentals of the concept of life insurance.
It is important to know the right details about your insurance policies while avoiding these mistakes, says Harjot Singh Narula.
Delhi Chief Minister Arvind Kejriwal's Principal Secretary Rajendra Kumar was questioned again by the CBI on Wednesday in connection with a corruption case.
It could also clear stalled projects and review various subsidies on the energy, food and fertiliser fronts.
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Returns on godl have depleted in past few years,
Govt proposes to introduce redeemable gold bonds.
Soon after taking over as RBI Governor on September 4, Raghuram Rajan had announced opening of a swap window facility to encourage banks to lure NRI funds.
Use deductions introduced in the Budget to save additional Rs 24,000 in tax
Gold schemes are offering attractive returns to investors.
A new couple's financial situation changes from their bachelor days.
