In India, 12% of the surveyed companies said that they had experienced a significant fraud over the last two years, while 20% said they would justify cash payments to help the business sail.

In 2017, India had clocked a 6.7 per cent growth rate.

The International Monetary Fund (IMF) believes the $2.6 trillion Indian economy is an elephant that is starting to run.

The government has given signal to banks to try out yet another resolution approach, including AMC-AIF, for dealing with growing stressed assets. Will it work?

A Family Charter is a set of agreed principles and protocols for governance of a family business. It evolves through a participative and systematic process of open discussions amongst family members and owners.

The RBI's move to clean up bank balance sheets has made close to half a dozen banks nearly dysfunctional. There is little hope of their recovery in the near term.

Partial withdrawals will now be allowed to National Pension System subscribers who wish to improve their employability or acquire new skills by pursuing higher education/ acquiring professional and technical qualifications, says the PFRDA.

The IMF has said that the recapitalisation of public sector banks (PSBs) should be part of a broader package of financial reforms to speed up the resolution of non-performing assets (NPAs), which has attracted more attention in view of the Nirav Modi case.

Merging a weaker public sector bank with a stronger one may not necessarily improve the asset quality of the former.