Nothing can substitute close monitoring of the businesses of a borrower. In the case of Amtek Auto, bankers did not do that
Posts tagged Mint
Banks and the bloated debt of Amtek Auto: Part II (13-12-2015)
Hotels expect to post strong showing in 2016 (13-12-2015)
This is the first time in five years that pan-India hotel occupancy has crossed 60%
Will digitization improve NPS exit process? (13-12-2015)
The current process to leave the National Pension System and choose an annuity is long-winded
Gems, jewellery and power are the engines of industrial growth (13-12-2015)
Taken together, gems and jewellery, rubber insulated cables and electricity accounted for 41% of the 9.8% growth in IIP in October
Most of CCI’s penalties are stuck in court (13-12-2015)
The Competition Commission has netted just 0.6% of the total amount of fines it has imposed since 2009
Steel: falling imports dim the case for protection (13-12-2015)
If there was no cap on steel prices when they shot through the roof, why should there be a floor when the situation has reversed?
Today’s productivity paradox (13-12-2015)
Economists argue over whether the slump in global productivity growth reflects the stagnation of technology
Bad loan problem: More skeletons in the closet? (13-12-2015)
Wilful defaulters owe more than `64,000 crore to state-owned banks, almost one-fifth of the total bad debt in the banking system
Asset sales may cut 40% of Reliance Group debt (13-12-2015)
Stake sales in financial services arm, plans to sell telecom towers, cement, road assets may net `50,000 crore
WTO meet: striking a fair deal (13-12-2015)
It is time that all these countries came together to pursue outcomes that are in the best interests of an overwhelming majority of the WTO members