How Modi govt. turned the fortunes of NPA laden PSBs
In the last few years, the fortunes of India’s public sector banks (PSBs) have improved substantially. And this is reflected in the rising market capitalization of the banks with SBI alone ...
Search Result for 'NPAs'
No Result
Nirav Modi and Vijay Mallya are nothing in front of this scam!
Another big scam has come to light in the country. This scam is bigger than the one by Vijay Mallya (9,000 crore rupees) and Nirav Modi (14,000) with estimated fraud of ...
When all hell broke loose: 2021 was an exceptionally bad year for China
What all happened in 2021? Well, a lot. Donald Trump left the White House. Joe Biden entered it and began attacking the American way of life. China received a ray of ...
Best news of 2021: Indian Banks have finally weeded out the NPA mess
The promoters of the company who owed billions of dollars to the banks dragged insolvency resolutions for years using loopholes in the Indian judicial system. The Insolvency & Bankruptcy code successfully ...
India faced bad loans head-on and won. But China has fled the scene
A few years ago, India faced a problem. While everything looked good on the outside, India's banking sector was crippled with disease. And this disease was the cancer of Non-Performing Assets ...
Bali – The Indonesian island that is more Hindu than many places in India itself
Indonesia is predominantly a Muslim country with around 86% of the population practicing Islam, however, the island of Bali is a rare exception. More than 90% of the population on the ...
Jefferies’ Outlook on India’s shining economy is a proof of successful Modinomics
India's economy has recovered from its pandemic-induced slowdown. In the first quarter of the financial year 2021-22, India's GDP grew at a brisk 20.1% - its best growth numbers till date. Now, ...
An NPA-ridden Indian banking sector has been “stabilised” by PM Modi, Moody’s says
Global credit rating agency Moody’s has finally got rid of its blinkers and revised the outlook for the Indian banking sector to stable from negative. The report stated that “the quality of corporate ...
How India fixes massive debt-ridden companies versus how China skewers it
China’s real estate giant Evergrande is heading towards its eventual doom amid dipping fortunes which could ultimately affect everything from the jobs market to property prices in the country. The longer ...
After getting the Modi dose, Moody’s upgrades India’s outlook
At a time when countries like the USA are struggling with soaring cases of Covid-19, India has not just opened up its economy but is also growing at a record pace. ...
To stop public sector banks from becoming a liability, the government comes up with a solution
The government of India is moving forward with the privatisation of Public Sector Banks (PSBs) starting with IDBI bank. According to a Business Standard report, the government will be in direct ...
Modi government comes up with Bad Bank set up that will revolutionise the banking sector
The Modi government wants to push the credit to GDP ratio of the country, which stands at an abysmally low rate of around 50 per cent compared to 160 per cent ...
