எல்வி வங்கி News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from எல்வி வங்கி. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In எல்வி வங்கி Today - Breaking & Trending Today

Fixing the banking mess


ISSUE DATE: December 28, 2020
UPDATED: December 18, 2020 23:40 IST
Illustration by Nilanjan Das
India’s banking sector is frequently under the spotlight, and usually for unflattering reasons, from an insupportable pileup of loans gone bad (non-performing assets or NPAs in banking parlance) to outright fraud to cronyism or worse. The rot is endemic, has hit banks small and big, including some well-regarded names, and is by no means limited to the public sector. If government-owned banks like Punjab National Bank (PNB) and State Bank of India (SBI) have embarrassed themselves, names like YES Bank and ICICI Bank in the private sector have also made headlines for the wrong reasons. The list of banks of dubious honour is long, including, most recently, Lakshmi Vilas Bank (LV Bank), which the RBI (Reserve Bank of India) had to step in to bail out. The Covid-19 pandemic has aggravated the crisis by another order of magnitude, with the government-mandated moratorium on inter ....

United Kingdom , United States , Madhya Pradesh , Mehul Choksi , Mohit Bahl , Shilan Shah , Urjit Patel , Rana Kapoor , Uday Kotak , Nirmala Sitharaman , Sarang Wadhawan , Vijay Mallya , Joy Thomas , Ashvin Parekh , Dhananjay Khanzode , Sanjeev Kapoor , Dheeraj Wadhawan , Subhash Chandra Garg , Madan Sabnavis , Janmejaya Sinha , Charan Singh , Sachin Chaturvedi , Ila Patnaik , Raghuram Rajan , Chanda Kochhar , Raman Aggarwal ,