How old private banks are reinventing themselves

Unlike in the past, when old private banks compromised upon underwriting standards to take on the bulk, they’ve now realised that scaling up at the cost of quality isn’t worth the......

Can public sectors banks clean up the rot within?

Bogged down by inefficient boards, public sector banks have got mired in mounting bad loans and rising corruption, notes Somasroy Chakraborty. On July 22, Sudhir Kumar Jain -- the now suspended......

Indian firms can raise $2bn in next two months

With a billion-dollar deal by Reliance Industries, India Inc's desire to tap foreign funds received a new spark. While India's largest firm by enterprise value could successfully negotiate with US......

Developers offer freebies but buyers not tempted

Hit by declining sales and fast-approaching debt repayments, property developers are bringing freebies and discounts back.Lodha Group is offering a four-day, three-night trip to Lords in London, a......