-The Times of India MUMBAI: Private sector bankers say that if NDTV's loan settlement with ICICI Bank is termed criminal, it could hit resolution of bad debts. The concerns follow the Central Bureau of Investigation (CBI) alleging that ICICI Bank officials may have caused wrongful gains to NDTV promoters by agreeing to cut the Interest rate to settle the loan. "Settlement of any stressed loan involves some sacrifice by the banker. Often...
More »SEARCH RESULT
Total Matching Records found : 6904
How demonetisation crippled bank lending -Paras Chakravarty
-Livemint.com Bank loans to rural India were the most affected, but other parts of the country also saw a deceleration in credit growth, RBI data shows It is, of course, well known that the growth of bank credit slowed in the second half of 2016-17 due to demonetisation. Reserve Bank of India (RBI) data shows that as on 30 September 2016, the annual rate of growth of bank credit was 12.1%. That...
More »From plate to plough: Farm and the tax -Ashok Gulati & Siraj Hussain
-The Indian Express A smooth GST regime can break inter-state barriers on movement and facilitate direct linkages between processors and farmers After more than a decade of intense discussion and debate, the GST is finally becoming a reality. Although in its current form, it is not as perfect as was originally envisaged, yet it is being lauded as one of the most transformational reforms since 1991. Finance Minister Arun Jaitley was humble...
More »CBSE asks private schools for data on fee structure to curb overcharging
-PTI To curb charging of “unreasonable” fees and levying of “hidden” costs, the CBSE has sought data from private schools about their fee structure and increase carried out in recent years. The move comes weeks after the Central Board of Secondary Education (CBSE) warned private schools against turning into “shops” by selling uniform and books in their premises. “We have told the schools that they should not charge unreasonable fees. The charges should...
More »Toiling for a toilet -Yardain Amron
-The Hindu While sanitation schemes in India date back to the British Raj, Swachh Bharat Mission (SBM) is the latest and by far most ambitious iteration. Launched by India’s Prime Minister Narendra Modi at the end of 2014, the Rs.9,000-crore scheme aims to achieve an Open Defecation-Free (ODF) India by constructing 12 million rural household toilets across the country before October 2, 2019 — to coincide with Mahatma Gandhi’s 150th birthday. But...
More »
