There is an urgent need to correct inadequacies in banking regulation which allow banks to accumulate NPAs. Alongside, there should be more options for restructuring of banking companies. Makeshift provisions such as one-time restructuring with creditors, Inter Creditors Agreement are not the long-term solution. Mergers of banks are also not a solution to deal with escalating NPAs.
A Delhi court has permitted Manoj Arora, a close aide of businessman Robert Vadra, to…
Former Prime Minister Manmohan Singh, who passed away on Thursday at the age of 92…
Former Union Minister and Cabinet colleague of Manmohan Singh, Kapil Sibal, praised Singh as a…
Top Telugu actor Allu Arjun, who is an accused in the case related to the…
The Karnataka High Court has instructed the Registrar of Births and Deaths to issue modified…
The Enforcement Directorate on Friday conducted searches across Madhya Pradesh as part of a money-laundering…