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Breather for Campa Cola residents, but struggle far from over

Over a period of a few hours, the mood swung from desperation and anger to exuberance. But there's a long way to go for residents of the seven buildings in Mumbai's Campa Cola compound. Abhishek......

Bad Bank. Good Intention. Bad Lending

Rogue lending under political influence was rife in the Congress-led regime and is not happening in the Modi regime, certainly not on that scale.But if PSBs cannot lend as indiscriminately as they......

India Inc will find it difficult to raise loans above Rs 250 cr from PSBs

Public sector banks have decided to improve their risk-management systems Illustration: Uttam Ghosh/Rediff.com Public sector banks (PSBs) will discourage multiple banking arrangements for......

Is there a great deal of trust in the private sector?

'PSBs are reminiscent of the broader problem of public enterprises.' With certain quarters demanding privatisation of public sector banks in the aftermath of the alleged fraud at Punjab National......

'Q2, Q3 in FY 18 will be bumper quarters for GDP'

'The 5.7% growth in the April-June period is an aberration because of GST.''Business activity in the last 15 days of the quarter was minimal or zero.' Welcoming the Rs 2.11 lakh crore (Rs 1.35......

United Bank's massive rise in bad loans has baffled analysts

The crisis at Kolkata-based lender United Bank of India (UBI) appears to have baffled analysts, as there were no red flags that could have warned investors of the stress in the lender’s......

PSB, Punjab Police in final

Punjab and Sind Bank and Punjab Police set up a final date in the All India DDA Invitational Hockey tournament at the Shivaji Stadium at New Delhi on Thursday. In the semi-finals, PSB defeated Army......

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India held the top position in the ICC Men's Test Team Rankings while Australia secured the...

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GUJARAT, HIMACHAL GO TO POLLS

The Bharatiya Janata Party was on Thursday poised for a landslide victory in Gujarat to retain...
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