While the Court has restored the rights of Madhu Kapur, the warring families are bracing for another legal fight over the bank's Article Of Association.
Every big bank including the private ones from ICICI Bank, HDFC Bank to Axis Bank were found wanting when it came to adhering to banking regulations.
As a run up to the second monetary policy review of 2015/16 on June 2, there are at least three top-ranking government functionaries who have called for lower interest-rate regime.
While India's efforts to consolidate its position as an economic powerhouse has been appreciated by experts globally, some reports suggest it is still vulnerable in the light of the unfolding world events.
The fiscal deficit target is 3.6 per cent of GDP for 2015/16 and 3 per cent for 2016/17. This year's target is 4.1 per cent, which is most likely to be achieved thanks to the proceeds from the telecom spectrum auction and disinvestment in PSUs
Reserve Bank of India Governor Raghuram Rajan is locked in a serious dialogue with the government on the new monetary policy framework, writes Anand Adhikari.
LIC today operates in a much competitive environment than a decade and a half years ago when it was the only player insuring the lives of people.
I certainly believe there is need to be vigilant as most bullishness is in the country's stock market. Backed by the hot inflows, the BSE's benchmark index has gained over 40 per cent in just one year. Foreign private equity players are pumping in money into e-commerce ventures where profitability is still an issue.
The good run continues and there are expectations of another 25 bps cut by the central bank. Meanwhile, Rajan's eye would be fixed on two big variables.





