Narendra Modi’s government has been vocal for the past two years that the country deserved a rating upgrade as it has many economic reforms to its credit.
The year 2017 has been a record for IPOs with Rs 66,000 raised from share sales.
"If economies are doing well then there is a chance that markets gets complacent."
To resolve bad loans, both capital & human resources are scarce: Siby Antony, Chairman, Edelweiss ARC
"The year 2001 was the worst, maybe worse than this. Maybe size was smaller, otherwise there was 14-15% NPA in every sector in every bank. "
Those who take a moral high ground say promoters should be barred.
Kotak also said that India underestimate the power of the oil economy on India and the disproportionate dependence of the Indian economy on oil.
Fintechs are not a threat to the existence of banks. But if banks don't adapt, they will be in trouble.
Many theories are doing the rounds on the reasons behind the deal's collapse. IDFC Bank's Chief Executive clears the air around the plan with Shriram Group.
Re-capitalisation solves a number of problems. You can't have a strong economy with a weak banking system.
When 2 institutions with impeccable credibility quarrel over an issue, something is amiss.
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