IBC: Escape Route for Big Corporate ?
The then Finance Minister late Mr. Arun Jaitley & the present Finance Minister Smt. Nirmala Sitharaman used to say that IBC will prove to be a game changer. Indians are scared of stigma &...
The then Finance Minister late Mr. Arun Jaitley & the present Finance Minister Smt. Nirmala Sitharaman used to say that IBC will prove to be a game changer. Indians are scared of stigma &...
RBI has been losing credibility since demonetisation. Its subsequent efforts like not intervening when Bank charges were increased, proposing banking licences to corporates which RBI all along opposed on well found principles, allowing more...
RBI has downgraded IndiaтАЩs growth projection to 9.5% from 10.5%. World Bank projects it at 8.3%. Actually, it may be worse. This is at the backdrop of GDP growth of a negative 7.3%. Last year,...
ItтАЩs 5 decades since the UN General Assembly designated June 5th as World Environment Day, marking the first day of the Stockholm Conference on the Human Environment in 1972. And the first World Environment...
Oinam Rajen appears to have suddenly grown old in the past one year. Sitting in his wooden canoe, his eyes wander over the vast expanse of Loktak lake that surrounds his village, in search...
If GDP growth rate is an indication of where our formal economy is, then thereтАЩs a lot to worry about. It fell to -7.3% in FY21, from the low of 4.2% in FY20. Unless...
Bank Nationalisation and the associated public policies on banking and financial sector development were predicated on the strong assumption of the need for promoting financial intermediation by building institutions, expanding their geographical spread, mobilising...
In the year 2017, the Government of India changed the way airport tariffs are calculated in India. Airport tariffs are fees that passengers and airlines pay the airport for using its services, which include...
The companies from the infrastructure sector are likely to report decent earnings for the quarter ended March 2021 driven by a sharp recovery in the pace of execution and improved efficiency. The brokerage house...
The Socio-political environment of the second half of 1960s reflected a sense of disenchantment in the growing inequalities spawned by the development processтАУa sense which was highlighted by a series of studies such as...
When India attained Independence in 1947 it inherited a weak, desperate and unwieldy banking structure. Other than the Imperial Bank of India, there were many Indian joint stock banks, but they did not have...
As ambulances siren through streets and social media is filled with desperate pleas for beds, ICUs, oxygen and Remdesivir, phones keep ringing with news of relatives, friends and contacts falling sick and many losing...
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There were no public sector banks till 1955. Only on 1st July 1955 Imperial Bank of India was nationalised creating State Bank of India. It is important to know what was banking in our...