-Business Standard Finance ministry has called a meeting with chief executives of ten public sector banks, on Friday The National Democratic Alliance (NDA) government has readied its mega plan for Merging multiple set of public sector banks (PSB) and is set to make an announcement anytime soon, according to multiple sources. The department of financial services in the finance ministry has called a meeting with chief executives of ten public sector banks, which...
More »SEARCH RESULT
Total Matching Records found : 3755
Poor recoveries under IBC can derail Centre's Rs. 70,000-cr recap plan -Radhika Merwin
-The Hindu Business Line Barring few cases, large haircuts of 70-90 per cent are continuing to hurt banks While the Centre’s decision to frontload capital infusion of Rs 70,000 crore into PSBs has boosted sentiment, unless there is quick resolution of large accounts under IBC, this may achieve little. What is of more concern, is the paltry amount that banks have been realising from the resolution of accounts under IBC. A look at...
More »A bottom-up approach to conservation -Madhav Gadgil
-The Hindu The Western Ghats panel’s suggestions stressed the need to strengthen grass-roots governance In 2018, many people thought that the floods and landslides in Kerala that caused huge financial losses and manifold human tragedies marked a once-in-a-century calamity, and that normalcy will return soon and we can Merrily return to business as usual. Further, the probability of two such back-to-back events was only 1 in 10,000. Hence, in 2019, a repeat...
More »Kerala, TN, Himachal tops India's child well-being index, says report -Bindu Shajan Perappadan
-The Hindu Meghalaya, Jharkhand and Madhya Pradesh feature at the bottom, says NGO Kerala, Tamil Nadu, Himachal Pradesh and Puducherry topped the charts in the child well-being index, a tool designed to measure and tracks children’s well-being comprehensively. Meghalaya, Jharkhand and Madhya Pradesh featured at the bottom, as per a report released by the non government organisation World Vision India and research institute IFMR LEAD on Tuesday. The report is an attempt...
More »In economic slowdown, a back story about falling investor confidence -Harish Damodaran
-The Indian Express Fixing the economy today cannot happen through consumption; revival in investment is what's desperately needed. New Delhi: Investment, unlike consumption, satisfies no immediate want. The businessman putting his money today is basically taking a bet on the future, when it would start yielding returns. Such bets are a function of the “state of confidence” at the time of investment. The investor has to be reasonably, if not absolutely,...
More »
