What Can Budget Do For State-Owned Banks - Finance Guru Tamal Bandyopadhyay Speaks
Seldom has the Union budget been so critical for India’s state-controlled banks that account for a little over 70% of loan assets.
Seldom has the Union budget been so critical for India’s state-controlled banks that account for a little over 70% of loan assets.
All hell broke loose two decades ago when Chennai-based Indian Bank posted a Rs.1,336 crore loss for the fiscal year 1996, wiping out its entire net worth.
Bank stocks rose in the past two trading sessions. Is it the so-called dead cat bounce or a short-lived rally in a declining trend? Nobody seems to have the answer.
The 2 February monetary policy review and Reserve Bank of India (RBI) governor Raghuram Rajan’s interaction with the media after the release of the policy didn’t have an iota of surprise. Rajan has taken every care to make the policy review a non-event ahead of the Union Budget which will be presented by the end of this month.
Gold Monetization Scheme – Will it impact the imports of gold?
The CFA program is considered to be one of the toughest as well as the most valued exam in the financial world. Clearing this exam opens a world of opportunities and helps to spearhead one’s career. Let us take the opportunity to meet Akul Minocha from IIM Rohtak who has cleared level 2 of the CFA exam with his persistent efforts and dedication.
Did you know that some financial institutions, who issue Credit & Debit card, despite knowing that data has been compromised, do not take action to replace the Card issued by them. They merely put it on a watch list. And when a fraud is brought to there notice they take immediate action to replace it.
The Volkswagen emissions cheating scandal has led to 40% of its market capitalization being wiped off. Is this then a good time to buy the stock? Aswath Damodaran tries to answer this question in his latest video and blog.