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Embattled liquor baron Vijay Mallya Tuesday lashed out at public sector banks for 'double standards' under the current NDA regime for their intervention to bailout Jet Airways while the same lenders made his Kingfisher airlines 'fail ruthlessly'.
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Embattled liquor baron Vijay Mallya Tuesday lashed out at public sector banks for 'double standards' under the current NDA regime for their intervention to bailout Jet Airways while the same lenders made his Kingfisher airlines 'fail ruthlessly'.
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News video | 549 views
In conversation with ET Now's Supriya Shrinate, former RBI Governor Raghuram Rajan says that Bankruptcy code should act as a shadow and should be the last resort for resolution of stressed assets. He says there is a need to shorten the time in the bankruptcy code by ending an endless sequence of appeal and counter-appeal. Listen in
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Watch Raghuram Rajan on Jet bailout- Not necessary for every company to go through IBC With HD Quality
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The Economic Times | A Times Internet Limited product
Vijay Mallya has attacked public sector banks once again. “So much so for branding me a thief who stole PSU Bank money and ran away. Banks have made a substantial recovery in the past and also today. All included in my settlement proposal too. Damned if you do and Damned if you don’t is how I am treated,” he tweeted.
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Watch So much so for branding me a thief who stole PSU Bank money and ran away- Vijay Mallya With HD Quality
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khandwa : बैंकों विलय का विरोध, सड़क पर कर्मचारी | Bank employees stage protest against merge PSU banks
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khandwa Bank employees stage protest against Centre's decision to merge PSU banks
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Finance Minister Nirmala Sitharaman in Delhi: On the merger of banks, everything is going smoothly, the bank boards have all been on board, they have taken the necessary steps to keep that process going smoothly.
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Watch Merger of PSU banks going smoothly: Nirmala Sitharaman With HD Quality
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Watch Govt approves Rs 12,517 cr capital infusion in PSU banks video
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Ahead of the monetary policy review, Reserve Bank of India Governor Shaktikanta Das Monday met heads of public sector banks and conveyed to them the regulator's expectation from the banking sector. RBI is scheduled to announce its sixth bi-monthly monetary policy for 2018-19 on February 7. It would be the the first monetary review under the new RBI Governor.
News video | 752 views
Finance Minister Piyush Goyal on Monday reviewed the performance of Public Sector Banks (PSBs) during which they committed themselves to stepping up lending to micro, small and medium enterprises (MSMEs) while also significantly increasing the level of domestic credit growth. The PSBs also agreed step up their efforts to finance the Pradhan Mantri Awas Yojana which is aimed at securing housing for all by 2022.
News video | 630 views
The Finance Ministry on Wednesday announced to pump in Rs 48,239 crore in 12 public sector banks (PSBs) in this fiscal to help them maintain regulatory capital requirements and finance growth plans. With this funding, the total amount of capital infusion would increase to Rs 1,00,958 crore of the planned recapitalisation of Rs 1.06 lakh crore for PSBs for the current fiscal, according to Financial Services Secretary Rajiv Kumar.
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Watch Bank Recapitalisation- Govt to infuse Rs 48,239 cr in 12 PSU banks With HD Quality
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