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'TN's finances are a mess, it's not going to be easy'

'We have about Rs 4 lakh crore debt on a state budget of about Rs 1.5 lakh crore.''We are in a debt two-and-a-half times our annual budget,' says the banker who would have been Tamil Nadu's finance......

The man who will be the DMK's finance minister

'The state's finances are in a mess...we are in a debt two-and-a-half times our annual budget.'From my perspective, distributing cash to voters is a dying business, not because of morality, but......

After Lehman Brothers and StanChart, it's DMK time!

Why is an NRI banker with an MBA from MIT canvassing votes in Madurai?Saisuresh Sivasawamy/Rediff.com A Ganesh Nadar/Rediff.com reports. IMAGE: Palanivel Thiagarajan has a ready smile, and......

The battle between secular India and Bharat

A left-leaning centralised socialist model has created a shortage/entitlement economy. In fact one of the reasons for India's limited progress is that post-independent India is at odds with......

Complacent banks will turn dinosaurs this decade

In the new decade, the scene will change because the banks till recently had been challenged by the fintechs, but the techfins have now entered the arena, observes Tamal Bandyopadhyay.......

Amid the gloom of Covid-19, art paints a happy picture

All rumours regarding the premature death of the art market have proven to be just that -- rumours -- with a healthy appetite for masters pushing prices up. Kishore Singh reports. IMAGE: S H......

Want to buy a house? Now is the time!

'This is for the first time home loan rates have dropped below 7 per cent,' notes Tamal Bandyopadhyay. Photograph: Kind Courtesy Jens Neumann/Pixabay In October 2003, ABN Amro Bank announced its......

RBI wants to end lazy banking

'Banks are being encouraged to lend instead of parking their resources with the RBI and earn risk-free interest income,' points out Tamal Bandyopadhyay. IMAGE: Reserve Bank of India Governor......

RBI announces Rs 50,000 cr liquidity scheme for MFs

The Reserve Bank of India on Monday provided a Rs 50,000-crore shot in the arm to stressed mutual funds by unveiling a special liquidity facility for the sector, days after Franklin Templeton......

Is Lehman's son ready to fill vacant No 6 spot?

Son of 'Boof' has Maxwell looking over his shoulder IMAGE: Jake Lehmann of the Redbacks bats. Photograph: Mark Metcalfe/Getty Images. Ashes auditions for Australia's vacant number six spot have......

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Complacent banks will turn dinosaurs this decade

In the new decade, the scene will change because the banks till recently had been challenged by the fintechs, but the techfins have now entered the... ...

http://www.rediff.com/money/column/tamal-bandyopadhyay-complacent-banks-will-turn-dinosaurs/20210113.htm

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Lehman Brothers

News for Lehman Brothers

'TN's finances are a mess, it's not going to be easy'

The man who will be the DMK's finance minister

After Lehman Brothers and StanChart, it's DMK time!

The battle between secular India and Bharat

Complacent banks will turn dinosaurs this decade

Amid the gloom of Covid-19, art paints a happy picture

Want to buy a house? Now is the time!

RBI wants to end lazy banking

RBI announces Rs 50,000 cr liquidity scheme for MFs

Is Lehman's son ready to fill vacant No 6 spot?

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