Thursday, July 1, 1999
Key to recovery
RBI's study on non-performing assets in banks does not say anything new. Nevertheless, its use lies in the fact that all the surmises which most bank-watchers knew all along are now official.
HDFC's foray into consumer finance is a logical extension
Housing Development Finance Corporation (HDFC) is the country's premier housing finance institution, controlling 60 per cent of the market for housing finance.
Suspension of subsistence allowance goes against fundamental
The right to suspend an employee, whether he is in civil service or in the service of a private individual or management, is well recognised as an incident to such service.
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