How much life insurance is good enough?






The most pertinent question a prospective insurance buyer has to face is: how much insurance is sufficient insurance? The answer to this question depends on many factors, such as age, profession, income, expenditure, liabilities, lifestyle, and so on. Clearly, the financial needs and capabilities of a person earning Rs 10 lakh per annum and another person earning Rs 1 crore […]




Read more

Deccan Chronicle lenders appoint permanent resolution professional






Lenders of the beleaguered media group Deccan Chronicle Holdings Limited on Thursday appointed a permanent resolution professional to suggest turnaround measures for the company. The creditors in a meeting held in Hyderabad approved the appointment of T.S.N. Raja, a chartered accountant by profession, as the permanent resolution professional. Earlier, the National Company Law Tribunal (NCLT) had appointed K.K. Rao as […]




Read more

Loan waiver to hurt credit discipline, impact fiscal, says experts






The loan waiver of Rs 30,000 crore will affect the state fiscal and ‘impact the credit discipline’ among borrowers, according to experts. Eleven days after farmers protest, the Maharashtra government has announced a farm loan waiver for small and marginal farmers on Sunday.  According to India Rating report, the impact of the waiver will be felt over a period of […]




Read more

How Bad is the Bad Loan Problem in India?






Allowing a bank to fail is a tragedy. More so in India, as PSU banks are the bulwark of banking industry with 70 per cent market share. Little wonder why the RBI, and the government often engage in a two-fisted binge to set the house in order, when banks veer off-track, piling up toxic assets that threaten to suck life […]




Read more
1 2