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 […]

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PSU Banks lead the D-Street rally of Friday

In Friday’s trade, the BSE Bankex gained and the Nifty Bank index jumped by 1%, majorly contribution coming from Bank of India, ICICI Bank, Federal Bank, Canara Bank and Bank of Baroda. In Friday’s trade, the BSE Bankex gained and the Nifty Bank index jumped by 1%, majorly contribution coming from Bank of India, ICICI Bank, Federal Bank, Canara Bank […]

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