The bank will now be in a position to resume normal lending activity, including corporate lending, with tightened risk management framework. Private lender IDBI Bank is out of prompt corrective......
India could not have accepted the demand of the South African government for dual listing of shares in the absence of full convertibility of rupee which ultimately led to the collapse of the $23......
Most mutual fund players and life insurance companies are planning to bid for appointment as pension fund managers for all citizens after the Pension Fund Regulatory and Development Authority......
It is the Prime Minister and the Finance Minister’s prerogative on how they want the appointment process to be. The government has left unclear the mandate of the selection committee......
Raising Tier-1 capital may be difficult because of CoCo bond trouble Europe’s bubbling crisis on contingent convertibles, or CoCo bonds, is bad news for Indian banks as poorly rated......
Former national champion Vinod Sridhar defaulted out of the DSCL Open National tennis championship on Tuesday when he conceded his match against Tushar Liberhan tied at a set apiece.There was no......