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Business Wise by Rajeev Dubey
LIC-IDBI Bank puzzle: It's the government, stupid!

IDBI Bank will be a burden on LIC. Out of its total outstanding loans of Rs 1.99 lakh crore, it has already recognised gross NPAs worth Rs 55,588 crore while it has also provisioned for bad loans worth Rs 26,902 crore.

 
 
A bad bank will not solve the rot in the banking system and it's a bad idea in India's context right now. Else, we'll need a bad bank every 10 years.
In the midst of the filibuster about widespread job losses in India, here are some facts to ponder over…
Political pundits and analysts have grossly under-estimated the SP scion's popularity among the youth, women folk.
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