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'What expertise does DBS have to run an Indian bank?'
'On the evening of the 17th, the RBI said the bank was put on moratorium.' 'Within an hour, the RBI said it would be merged with DBS.' 'How did DBS come to know within an hour that LVB was in......
How best to nurse the weak banks back to health
Should we continue to nurse them back to health while teaching them not to make the same mistakes?Even, explore the option of euthanasia for a few incorrigible ones?Or, relax the PCA norms, push......
Kerala floods: Businesses stare at a loss of over Rs 20,000 crore
Kerala floods take a toll on small businesses, NBFCs brace for losses The floods in Kerala have hit small businesses in the state, mainly in the retail, agriculture, plantation and tourism......
Kolkata's Taj Gateway Hotel fails to repay loans; lands at NCLT
Rooms at this Kolkata hotel are priced between Rs 7,000-8,000 per night. Gateway is a full-service upscale hospitality brand under the Taj Group of Hotels. The Gateway, a 197-room Kolkata hotel......
5,275 wilful defaulters (+ Mallya) owe banks Rs 56,621 crore
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......
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