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......
'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......
As 2024 draws to a close, the entire state machinery in Uttar Pradesh has converged upon Sangam, the sacred confluence of Ganga, Yamuna, and the mythical Saraswati river in Prayagraj, racing......
Finance Minister Nirmala Sitharaman will present the Union Budget on Tuesday as the Monsoon Session of Parliament gets underway next week with the united opposition set to corner the National......
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......