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‘We aren’t comfortable with deep haircuts’

DNMUM404398 | 1/1/2018 | Author : Manju AB | WC :1273

C-Suit Chat

He is known to be a quick decision-maker. Aggressive and fearless, his colleagues say that he leads from the front while taking everyone along with him. As he shepherds India’s largest bank at a critical time when resolution of bad loans is leading to a consolidation, many experts consider him to be apt for the role as he has to decide on the kind of haircuts that bidders of stressed corporate assets need to be given. In a free-wheeling interview, Rajnish Kumar, chairman, State Bank of India tells Manju AB that when you have the conviction that the decision has to be taken purely on the merit of the case, then you don’t need to fear.
When you took charge as SBI chairman, what made you say that you would come out with course co
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Infra spend spurs cement revival
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Kolkata: Investment in infrastructure by states as well as the Centre coupled with boost for the low-cost housing assets have triggered a revival in demand for cement since the start of the second half of the previous financial year and the tempo is
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Ensuring quality power a challenge
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Mumbai Monorail to chug, but at a higher cost
DNMUM418537 | 7/20/2018 12:00:00 AM | Author : Ateeq Shaikh | WC :612

Mumbai: The agreement reached between Larsen & Toubro-Scomi Engineering (LTSE) consortium and Mumbai Metropolitan Region Development Authority (MMRDA) on Mumbai Monorail project has come at a cost.
MMRDA has agreed to pay a higher per-trip cost to
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Esops of unlisted firms turn investment fable for HNIs
DNMUM418538 | 7/20/2018 12:00:00 AM | Author : Priya Nair | WC :660

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While shares of unlisted companies have always been on the radar high networth and ultra-high networth
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