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Crisis of confidence in banking...

By Amit Kapoor & Chirag Yadav, India's banking...

Allahabad Bank focuses on recovery,...

Kolkata : State-run Allahabad Bank, which referred...

Crisis of confidence in banking system provides an opportunity to unleash reforms

By Amit Kapoor & Chirag Yadav, India's banking sector has been hogging the headlines for all the wrong reasons. It started with the mounting problem of non-performing assets (NPAs) across banks; then came a revelation of systemic fraud in the second-largest state-owned bank; and most recently, topping it all off are damning allegations of irregularities against the head of one of the largest private-sector banks. All of these issues point towards a pandemic problem ailing the Indian banking sector, which cannot be resolved with quick-fix solutions. The government's response to the issue...

Crisis of confidence...

By Amit Kapoor & Chirag Yadav, India's banking sector has been hogging the headlines for all the wrong reasons. It started with the mounting problem...

Allahabad Bank focuses...

Kolkata : State-run Allahabad Bank, which referred 65 stressed accounts involving around Rs 12,566 crore to the NCLT for IBC resolution during last fiscal,...

PNB claims expected...

New Delhi : State-run lender Punjab National Bank is expected to recover around Rs 1,800 crore from its non-performing assets (NPAs) recovery mechanism --...
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