'Investors should not commit fresh money to these stocks right now, unless they can hold for the next three to four years.'
Formidable Tamil Nadu XI will lead the men's challenge, while women's winners Southern Railway will defend their title, in the All India Ramu Memorial Basketball Tournament.
Kingfisher Airlines's has hit a rough patch again with three of its directors resigning for better prospects.
Yateendranath Shetty on his cousin Aishwarya Rai.
The recapitalisation, the finance minister said, will enhance the lending capacity of state-owned banks and help them come out of RBI's Prompt Corrective Action framework.
In a state that usually plumbs for a Dravidian major, three candidates have a chance of delivering for the BJP, observes A Ganesh Nadar.
Global payment card brand Visa International would double its debit card business in India from five million to 10 million during the current fiscal, South Asia deputy country manager Uttam Nayak said.
'We can't have the best of both worlds -- large, efficient, world class government-owned banks, doing social banking and making profits. 'Why not set them free from the shackles of such obligations and run them as business units?' says Tamal Bandyopadhyay.
Where do Vijay and his TVK expect to get their votes from? Vijay has a huge fan following among women, but will they automatically become his voters like they had done for MGR's AIADMK, asks N Sathiya Moorthy.
'Whenever she joined any of our family functions, she was so good, so simple.'
'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.
India offers travel adventures no other country can offer.
Public sector lender Bank of India has moved to the National Company Law Tribunal (NCLT) seeking initiation of insolvency proceedings against Future Retail Ltd and a moratorium over the assets of the Kishore Biyani-led debt-ridden firm. Besides, Bank of India (BOI), the lead banker of a consortium of banks that lent money to Future Retail Ltd (FRL), also suggested the insolvency tribunal appoint Vijay Kumar V Iyer as the interim professional of the company. Meanwhile FRL, in a regulatory filing, said it has been served and received a copy of the petition and is in the "process of taking legal advice".
Advice to the new finance minister from former RBI governor Raghuram Rajan: 1. Clean up banks by reviving projects that can be revived after restructuring debt. 2. Improve governance and management at public sector banks. 3. De-risk banking by encouraging risk transfers to non-banks and the market. 4. Reduce the number and weight of government mandates for public sector banks, and for banks more generally.
The agency on Monday questioned three general managers of the Punjab National Bank who have handled the -International Banking Division and Treasury department of the bank, officials said without revealing their identity.
For the baning sector, 2018 was a 'Year of Exits' - borrowers fled from the country as loans went kaput and many bank CEOs were forced to leave
For the first time, PSU banks will have a non-executive chairman, giving operational responsibility to managing director and chief executive officer.
A team of National Human Rights Commission (NHRC) on Friday held on-spot inquiries in Sandeshkhali to ascertain facts about alleged sexual abuse by some Trinamool Congress leaders even as fresh agitation rocked the trouble-torn village, where locals torched the property of accused Trinamool leaders and held demonstrations against the delay in arresting the main accused, Shahjahan Sheikh.
Experts attribute the lower target to increased allocation under the credit guarantee scheme for small businesses. Out of the Rs 3.21 trillion worth loans sanctioned under the Pradhan Mantri Mudra Yojana (PMMY) in the last financial year, Rs 3.12 trillion were disbursed to entrepreneurs, according to official data.
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With new private banks in the play, the going could become more difficult for the old-school state-run banks, already losing business and market position, forcing them to think hard towards consolidating and forming larger entities to garner big-ticket deals.
The proposed amalgamation will make Bank of Baroda, which will merge the other two lenders with itself, the second largest public sector bank after State Bank of India in place of Punjab National Bank.
The leaders met Congress president Mallikarjun Kharge, former party chief Rahul Gandhi in the presence of general secretary (organisation) KC Venugopal and Telangana Congress chief A Revanth Reddy.
While Raghunathan is a named accused in the CBI's case registered in October last year, Nedungadi had resigned recently from the post of CFO of the UB group.
Ironically, bad loans and non-performing assets are on the rise in public sector banks in India, say sector watchers.
AIBOC in a letter to the Prime Minister, has said the government should not expect the banking fraternity to "join the political campaign of #MainBhiChowkidar" unless issues related to merger of banks, salary revision and staff recruitment, among others, are addressed.
Officials of 17 banks which gave loan to Kingfisher Airlines and UB Group are also under the agency's scanner
The market breadth, indicating the overall health of the market, turned negative from positive
Insurer has also made fresh investments since December 2015 quarter when RBI told banks to recognise bad loans
India's five leading wilful defaulters are Winsome Diamonds & Jewellery Ltd and associate Forever Precious Jewellery & Diamonds, Zoom Developers, Kingfisher Airlines, Beta Naphthol and Raza Textiles
These schemes came into force from June 1.
21 banks have launched United Payments Interface application.
The unions term the introduction of fixed-term employment as a 'modern labour slavery system' introduced through the 'back door'.
'We will win all the 28 Lok Sabha seats in 2024.'
The airlines had pledged the trademarks as collateral with banks at the time of taking loans from them
Referring to the government's Make in India initiative, he said India has become a hub of mobile phone manufacturing, which has provided employment to 4-5 lakh youth in the last four years and has helped the country save Rs 3 lakh crore foreign exchange.
After the Insolvency and Bankruptcy Code came into force, which calls for an auction of assets of loan defaulting entities, recoveries have picked up, said Jaitley.
Timely preparation and picking the right questions will help you crack these examinations and secure a job.
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