The single biggest problem in the Indian economy is that there is still a reluctance and unwillingness of the private sector to invest. It is a complex situation, and we do not know when it will get resolved, says Hitendra Da
Despite a big push by the Prime Minister’s Office (PMO) for greater use of the Aadhaar-enabled Payments System (AePS), the apprehension on the part of larger banks that they might lose market share is slowing the process.
To be sure the NDA regime has done some really good work that will allow the economy to grow faster in the coming years; the most notable initiatives are the rollout of the GST, the resolution of stressed assets under the IBC
As a young girl growing up near the Himalayas, she never imagined she would climb so high. But Anshula Kant is as grounded as it gets. “Down to earth” is how the chief financial officer (CFO) at the State Bank of India (S
With digital banking becoming all-important, HDFC Bank wants to deliver not just banking but a financial experience to customers, managing director Aditya Puri tells Shobhana Subramanian and Shayan Ghosh.
That Thursday’s Rs 11,000 crore auction of government securities had to be cancelled after bond yields spiked by nearly 20 basis points on Thursday is a matter of concern. This is the fourth auction cancelled by RBI in just
Budget 2018: The government should make it easier for prospective buyers by tweaking the rules if necessary, such as those in Section 79, to facilitate the transfer of assets. If even a handful of companies move to stronger p
Former Reserve Bank of India (RBI) Governor Raghuram Rajan had said, in one of his speeches, that many of the country’s businessmen were free-loaders; the sanctity of the debt contract had been continuously eroded in recent
Cost of funds for Shriram Transport Finance Company is likely to remain unchanged despite recent concerns that the interest rate easing cycle has bottomed out, MD & CEO Umesh Revankar told Shobhana Subramanian and Shamik Paul
India’s manufacturing policy will soon be overhauled with the objective of creating more jobs in an environment where technology is rapidly replacing labour, commerce & industry minister Nirmala Sitharaman said on Tuesday.
The powers given to the Reserve Bank of India (RBI) via the amendments to the Banking Regulation Act, 1949, to help it deal more effectively with stressed assets, may not appear as overarching as some might have expected.