Exuding confidence in sustaining the tempo of credit growth, public sector bankers said on Wednesday that consolidation in the public sector bank (PSB) space has given them a robust base to scale.......
The banking sector is much better placed to handhold India Inc, but it’s still too early to sing “Happy days are here again!” Abhijit Lele & Raghu Mohan report. Illustration:......
While the bankruptcy tribunal has approved the overall plan, it has asked for reallocating funds to fixed-deposit holders and small investors. IMAGE: Ajay Gopikrishna Piramal, chairman, Piramal......
The Centre has also removed the loan outstanding ceiling of Rs 500 crore. IMAGE: A worker operates a lathe machine as he makes a steel cutter at a manufacturing unit in Noida. Photograph:......
For loans under Rs 10 lakh, PSU banks will follow a standard restructuring plan while loans between Rs 10 lakh and Rs 10 crore will follow a graded approach. Illustration: Uttam Ghosh/Rediff.com......