Banks and mutual funds suddenly woke up to the risks of lending to these companies.
Over the last two quarters we have reduced our exposure to Indiabulls by 30%, said Gill.
Sept quarter performance shows ability to overcome operational challenges & boost growth, said Bank CEO.
The government is sitting on some of the biggest bankrupt companies in the country.
Despite a quarter of a century of efforts financial markets are where they are. Can banks at least be in a free market?
Mergers have been talked about for nearly two decades.
On stressed loans, things will be smoother when 12 banks take decisions rather than 27 banks.
Rajnish Kumar's comment comes amid a raging debate about whether the downturn is cyclical or structural.
Debt-laden companies may find it difficult to pass on higher tax due to fear of losing market share.
In an exclusive interview, James Von Moltke on rumours about Deutsche Bank being Lehman 2.0.
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