He said there were compelling reasons for bank nationalisation. The timing was political
In a Q&A, the bank's MD and chief executive is hopeful that the lender will see some rebalancing in FY19
'Frauds have been happening in banks, but now the magnitude has gone up substantially,' says R K Takkar
Alemayehu talks to Shyamal Majumdar about IFC's investment philosophy, why it would like to take part in the restructuring of India's PSBs and things about India that remind him of his country
Sunil Mehta says tough times gives one opportunity to transform the bank
Says 'As for provisions (from top 12 NCLT cases), these are expected to be neutral. Rather, there may be some write-backs'
'This classical discussion that life insurance products should only have life insurance covers and should not have investment along is entirely misplaced'
Urjit Patel said, 'Our projections indicate there may be a slight rise in inflation this quarter but during 2018-19, it will remain around 4.5%'
In a Q&A, K Sanath Kumar says the challenge of technology and cultural convergence can be addressed
'I know the compulsions of the political bosses'
Bahram Navroj Vakil says the bigger the haircut for the bank, the more the government would have to infuse capital
Interview with Sunil Mehta, MD & CEO, Punjab National Bank
Absence of stringent laws to recover bad loans from wilful defaulters one of the main reasons for huge bad loans facing the banking sector, says All India Bank Employees Association general secretary
Interview with Rajiv Anand, Executive director & head of retail, Axis Bank
We are in the resolution phase; the recognition phase (of stressed loans) is more or less over, says Rajnish Kumar
There is a huge potential for affordable and middle-income housing to grow in the next few decades: Mistry
Interview with ex-Deputy Governor, Reserve Bank of India
Govt should quickly follow up with professional management, autonomy and more accountability in these lenders, says the former deputy governor of RBI
Subramaniakumar hopes to sustain profits in subsequent quarters as well
In his first interaction with the media after being appointed as the chairman-designate of SBI, Kumar said retail credit will drive loan book expansion in near term