Punjab National Bank
Finance
Why the latest capital infusion into ailing government banks may not help much
On Wednesday, the government approved an infusion of Rs 48,239 crore ($6.8 billion) into 12 state-run banks, as part of ......
Infrastructure
Are power sector lenders seeing light at the end of the stressed assets tunnel?
Until six months ago, the power sector was struggling to find buyers for stressed assets. Now, it is limping ahead ......
General
Job crisis: How India's biggest corporate employers fared in recent years
In 2014, the Bharatiya Janata Party and its leader Narendra Modi promised to create 100 million new jobs if voted ......
Finance
India's mid-size bad loans resolution process from this month: Project Sashakt's Mehta
In early July, a panel led by Sunil Mehta, non-executive chairman at Punjab National Bank, proposed a five-pronged Project Sashakt ......
Finance
Project Sashakt panel engages with PE funds for AIF as investors seek clarity
A committee of bankers tasked with implementing Project Sashakt to ease the pile of bad loans on banks’ balance sheets ......
Finance
UTI AMC's local, foreign shareholders spar over extending chief Leo Puri's term
The fate of UTI Asset Management Company’s chief executive, Leo Puri, is hanging in the balance as the mutual fund ......
Finance
Bad loans: How ICICI and other private-sector banks stack up against PSU lenders
The debate on the bad loan mess plaguing the Indian banking industry has focussed mainly on state-run lenders. And for ......
Finance
SBI, PNB's billion-dollar losses only tell half the sorry tale of PSU banks
State Bank of India, the country's largest lender, earlier this week reported its highest-ever quarterly loss of more than Rs ......
Infrastructure
Lenders take control of cash-strapped engineering firm Aster
A group of lenders to Aster Pvt. Ltd has taken control of the Hyderabad-based engineering services provider after the company, ......
General
Court dismisses L&T's petition against Mumbai realty firm
In a setback to AM Naik-led engineering and construction conglomerate Larsen & Toubro Ltd (L&T), the Bombay High Court has ......
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