Tag: Banks
Centre amends anti-money laundering rules; brings politically exposed persons under the...
Centre amends rules under anti-money law, tight grips over NGOs funding
Centre has amended rules under the anti-money law, making it mandatory for banks and...
Banks, Bribes and Companies – How NPAs are created
The promoter wins the lottery of project approval by bribing all concerned in the government. That is, he gets the license/approval to set up...
How do NPAs become monsters?
NewsX channel put out a wonderful expose on Non-Performing Assets (NPAs), after investigating several companies that have become NPAs. Over a period of 50...
Bank recapitalization is waste of money
Bank privatization is the elephant in the room that nobody is willing to look at
Child marriage is a social evil, so it...
The Craze For Big Banks
The Craze For Big Banks
Now the clamor is for big; bigger and biggest. Particularly in the banking sector. After the merger of subsidiaries with...
Ministry of Finance Press Release on Demonetization
The Ministry of Finance has just put out a Press Release on how things are proceeding as far as Demonetization is concerned. This...
Re-capitalizing Public Sector banks in India
PerformanceGurus Staff
New Delhi
Waking up to the distressed situation of the state-run banks which are plagued with rising bad debts, the Government on Friday announced...