'I Needed To Follow My Karma'

'Once bitten, twice shy, I didn't take up the challenge this time...''I realised I had failed to follow my karma because I feared failure.' IMAGE: Reserve Bank of India Governor Sanjay Malhotra,......

Write off landslide victims' loans, Kerala CM tells banks

Kerala Chief Minister Pinarayi Vijayan on Monday urged various banks to write off the loans availed by landslide victims and survivors in Kerala's Wayanad. IMAGE: Unnikrishnan T P prays during the......

'Who Does Not Want To Be Prime Minister?'

'We are going to need more technical people in government.''You can't expect a generalist to understand the complicated world of financial engineering.''I regret to say that most of our politicians......

Up to BJP if it wants me to fight polls: Doval's son

Bharatiya Janata Party leader Shaurya Doval has said he has never expressed desire to contest elections but is open to the idea if the party decides to field him. IMAGE: BJP leader Shaurya Doval......

M&A financing the new frontier for banks, but RBI's watching

Mint Road's proposals on banks' M&A funding are cautious even as entrants root for more elbow room, and weigh business models. Illustration: Uttam Ghosh/Rediff Ask Debadatta Chand about his plans......

Private Talent At PSU Banks Is Welcome, But...

Opening up the corner office is fine, but will the government be able to attract talent without giving a market-rate salary?, asks Tamal Bandyopadhyay. Illustration: Dominic Xavier/Rediff   In......

Why This Banker Didn't Get Promoted!

The bank made a Rs 67 crore net profit, up 21% from the previous year.Its deposits grew 8%, the loan book 10%. Net bad loans dropped from 7.53% to 6.07%.So why was the banker, who headed the bank,......

It's time to get started, put money in deals: M&A financing opens up

Bank financing of M&As will be like any other business and only needs guardrails, report Raghu Mohan, Ishita Ayan Dutt and Abhijit Lele. Illustration: Uttam Ghosh Recently, State Bank of India......

Red-faced Ashraf does damage control; hails India's 'fantastic' reception

IMAGE: Following his ‘Dushman Mulk’ comment, PCB chief Zaka Ashraf was in damage control mode as he praised India’s warm reception for the Pakistan team. Photograph: PCB/X......

Pak banker MD of 2011 WC organising secretariat

A professional banker, Salman Butt, was on Tuesday named managing director of the 2011 World Cup central organising secretariat amid rising concerns over the slow pace of preparations for the......

Why is BCCI opposing Lodha committee reforms, asks Azad

'All members of the then 2009 Indian Premier League (IPL) governing council are equally responsible for the mess created in the league and singling out Lalit Modi is improper' Hailing the......