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Restoring Public Sector Bank Health In India

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USTR Report Intensifies Trade Tensions With India

The US Trade Representative noted that India's average applied tariff rate stood at 17% per cent, the highest of any major world economy. Kindly note the image has been posted only for......

Be Prepared! Heat Waves Coming!

'The intensity and frequency of heatwaves will be much higher than in previous years over Punjab, Haryana, Rajasthan, Gujarat, Madhya Pradesh and Odisha.' IMAGE: People shield from the blistering......

How will India's poor cope with this crisis?

'Unless the State is a welfare State, unless the State has more welfare measures, it will not be able to deal with these kind of sudden situations.' IMAGE: Women carrying their babies and......

New restrictions in Maha from Wednesday. What's allowed and what's not

Maharashtra Chief Minister Uddhav Thackeray announced a statewide curfew for 15 days from 8 am on April 14 to contain the rapid spread of the coronavirus in its second wave. With Section 144 being......

BJP vs Congress: How their manifestos compare

Rediff.com does a quick checklist on what the two manifestos have to say on hot-button issues of the day. IMAGE: Prime Minister Narendra Modi and BJP president Amit Shah take a look at the party's......

'Minimum government, maximum governance' in public sector banks

The Bharatiya Janata Party regime will have to make good on this election slogan to restore state-owned banks to health, says Rajiv Lall.  Minimum government and maximum governance was one of......

How best to restore India's toxic banks to health

The government must set up a Bank Investment Company to shrink its role in PSBs, if we are serious about tackling the two persistent issues -- lax corporate governance practices and......

Why it's time India's state banks opt for mega mergers

Mergers to create at most six state banks Having bitten the bullet on bad loans, India's state-owned banks now need to merge into half a dozen well-capitalised institutions than can underwrite......

CAG audit? Leave RBI alone

  There is no need for the CAG to second-guess the credit decisions of banks or the RBI’s supervision of them. The comptroller and auditor general has mooted that the Reserve Bank of......

Why private bankers prefer giving top jobs at public banks a miss

One of the reasons why private bankers don't head a public sector bank is the lack of autonomy, according to banking industry experts. Earlier this year, a large public sector bank (PSB) with a......

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