Chief Election Commissioner Rajiv Kumar on Tuesday revealed his intention to "detoxify" himself and spend several months in solitude in the Himalayas post his retirement next month. IMAGE: Chief......
'We will be very, very proactive in providing whatever liquidity requirements are needed.' IMAGE: RBI Governor Sanjay Malhotra addresses a post-monetary policy press conference in Mumbai, February......
'A government whose policies are focused around making the life of ordinary citizens, specially the most deprived sections, richer; a government that prioritises education, health and transport,......
'Suddenly we had a new comprehension of affairs, which reminded that the luxury of politics floated atop a foundation by economics.''Along with this, finance ministers became crucial in molding the......
'Today, let us reaffirm our commitment to strive to realise Gandhiji’s dreams. His watchwords, truth and nonviolence, will continue to remain relevant for the whole world. He also taught us......
Public-sector lenders Indian Overseas Bank (IOB) and Uco Bank are likely to raise funds through qualified institutional placement (QIP) next month. Illustration: Dominic Xavier/Rediff.com Punjab......
Stocks of public sector banks are on average down 20 per cent over the past six months and about four per cent in the last month, under the impact of margin pressures, higher staff costs and......
Foreign investors did not lap up the new SBI issue because of deeper worries about public sector banks The recent qualified institutional placement issue by State Bank of India (SBI) was......
Every now and then exhortations are made, including in this newspaper, that the government should further reduce its equity stake in public sector banks. The basic logic is that public sector banks......
Public sector banks face two key challenges - manpower and capital. Sadly, these are not on the agenda for reform, says Janmejaya Sinha. There is much discussion today on providing......