You are here: Home >> English News & Features >> BUSINESS & ECONOMY

‘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
Read full story

Copyright restricted. Under license from   
Add To Lightbox
Calculate Price


A jazzy old soul
DNMUM412679 | 4/22/2018 12:00:00 AM | Author : Yoshita Rao | WC :472

When you enter the Pera Palace, set in the heart of the city of minarets – Istanbul – and push through a wooden turnstile door, you are greeted by the old-world charm of century-old chandeliers, high arching domes and gilded mirrors. If you’re l

Add To LightboxCalculate Price

MPC dilemma: To hike interest rate or not
DNMUM412476 | 4/20/2018 12:00:00 AM | Author : Edit | WC :207

Reserve Bank of India (RBI) deputy governor, Viral Acharya’s insistence that he is likely to shift decisively to vote for a “beginning of withdrawal of accommodation” in the next Monetary Policy Committee (MPC) meet on June 5 and 6 has flagged worrie
Add To LightboxCalculate Price

NuMetal, LNM back in fray for Essar Steel?
DNMUM412477 | 4/20/2018 12:00:00 AM | Author : Praveena Sharma | WC :435

New Delhi: The Ahmedabad bench of the National Company Law Tribunal (NCLT) on Thursday put the ball back in the committee of creditors’ (CoC) court by ordering it and the resolution professional (RP) of Essar Steel to re-examine the eligibility of th
Add To LightboxCalculate Price

Currency crunch eases as over 86% ATMs spew cash
DNMUM412478 | 4/20/2018 12:00:00 AM | Author : Anjul Tomar | WC :402

New Delhi: Amid reports of ATMs running dry in some states, the finance Ministry on Thursday claimed that 86% of ATMs in the country are dispensing cash, except in a few states.
Till Tuesday, only 62% of the country’s 2.2 lakh ATMs were dispensi
Add To LightboxCalculate Price