We need a change in mindset, says the RBI Governor.
Banks in India must have a modern approach, suggests a panel comprising of banking bigwigs.
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Privatising public sector companies would have encountered significant opposition from their managers as well as from strong unions.
The goal of the Committee on Comprehensive Financial Services for Small Businesses and Low-Income Households, a panel chaired by Nachiket Mor that submitted its report to the Reserve Bank of India last week, is truly a BHAG.
The Bharatiya Janata Party regime will have to make good on this election slogan to restore state-owned banks to health, says Rajiv Lall.
Single window clearances for realty must.
With prices unlikely to run up sharply, genuine buyers can start readying deals before the festival season starts.
For the first time in our economic history a government has thought about more than 50 per cent of our economic activity instead of the five per cent represented by the Sensex companies, observes IIM-B professor R Vaidyanathan.
'The approach towards Mallya is not right because his unit could have been turned around earlier with additional funds from his side and the bank's side.'
An exercise to rationalise coal linkages which will optimize transport of coal and reduce cost of power is underway.
Income from renting of properties is taxed at a flat rate of 10%.
Aditya Puri thinks the government is on track.
The industry status will help the sector access bank lending at average interest rates
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