56 reasons why you should vote for the BJP in 2019
Recently a post by one Jinson Abraham went viral on Facebook. Mr. Abraham lists 56 reasons why one should not vote for the BJP in 2019. The post went on to ...
Search Result for 'Insolvency and Bankruptcy Code'
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Raghuram Rajan blames UPA policies for NPA problem, slow economic growth
Raghuram Rajan, former governor of RBI has blamed corrupt bank management and UPA era policies for Non Performing Assets (NPAs) problem. Lok Sabha Committee on Estimates headed by Murli Manohar Joshi ...
PNB recovers record Rs 11,378 in five months
Punjab National Bank (PNB) is one of the largest Public Sector Banks (PSBs) with huge Non Performing Assets (NPAs). Its market image was severely maligned due to the huge NPA problem ...
Modi government’s latest move to tackle the banking crisis
Government has asked RBI to prepare a plan for merger among 21 public sector banks. The public sector banks are losing market share to private banks because their service is bad ...
India Inc. is posting double digit growth
Indian companies are now reaping the structural reforms undertaken by the government. A survey done by Care ratings on 3,292 companies has revealed that the net sale in first quarter of ...
CEOs of Public Sector Banks to face penal action if not able to check NPA
Finance Ministry has told the CEOs of public sector banks in no uncertain terms that they would face penal action if not able to check frauds in Non Performing Assets (NPA) ...
This important reform will help India in improving the ease of doing business ranking
Indian media is mostly interested in covering negative and controversial news. As former president of India, Dr. Abdul Kalam rightly asked, "Why is the media here so negative? Why are we ...
‘Indian economy is an elephant which has started to run’, says IMF
International Monetary Fund has lauded the Indian economy in its annual assessment. The head of IMF’s team for India Ranil Salgado said that 2.6 trillion economy is an elephant which has started ...
Public sector banks NPAs declined by Rs 1, 28,229 crores in FY18
According to the former chief economic advisor, Arvind Subramanian the Non-performing Assets (NPAs) are the most critical economic problem faced by the country. In his twin balance sheet analysis, he made ...
Indian Economy: 10 years of ‘Economist’ Manmohan vs 4 years of ‘Chaiwalla’ Modi
It has been more than four years of Modi government. The government came to power with the tall promises of ‘Sabka Sath, Sabka Vikas’. So it is important to do a ...
Services sector brings more good news for the Indian economy
The services sector contributes most to the Indian economy. If this sector is growing at a healthy pace this translates into good economic growth for the country. And the services sector ...
SBI expects to recover 50% assets from RBI’s first NPA list
The State bank of India (SBI) expects to recover 50 percent of loans from the initial 12 NPA cases identified by RBI for resolutions under Insolvency and Bankruptcy Code (IBC). The recoveries will be around ...
