'In the coming months, expect more government action that will be packaged as an assault on black money,' warns A K Bhattacharya. The economic consequences of the Narendra Modi government's......
Whistle-blowing website Cobrapost.com on Saturday slammed the clean chit given by the Reserve Bank of India to the money-laundering practices exposed by it in ICICI Bank, HDFC Bank and Axis Bank.......
RBI's exercise will take into account standards of governance, the viability of the payment bank (PB) business model, and changes, if any, if needed. Illustration: Uttam Ghosh/Rediff.com The......
“It is unsustainable for such (pay) differentials to continue without a major adverse impact on the recruitment and retention of talented managers in public sector banks” - P J Nayak......
A large number of public sector bank employees, as a matter of routine, do not “take” promotions so that they are not transferred out of their hometowns. The eastern region is famous......
What was the RBI doing, what was the PNB top management doing, what were the auditors doing, asks Debashis Basu. Illustration: Dominic Xavier/Rediff.com To the collective dismay of the public,......
It is also considering to hike FDI cap for public sector from 20 per cent to 49 per cent The Union government is holding talks to increase foreign investment limits in private sector banks to 100......