GST rationalisation, IT design framework, Trump administration on coronavirus to banking crisis, Kanika Datta brings you the top opinions of the day
YES Bank was an accident waiting to happen
"Our customers will be able to enjoy all services available before the moratorium," said Prashant Kumar at a press conference in Mumbai
Global financial market stress driving market volatility; economic impact of coronavirus and drop in oil prices remain uncertain
Globally, economic policy could soon be in uncharted territory
Beyond perking up the economy, the RBI needs to ensure proper functioning of the bond market, the credit market and the larger financial system
Under the reconstruction scheme, SBI is to buy up to 49 per cent of YES Bank and cannot reduce its holding below 26 per cent for the next three years
Investors making a brouhaha about the proposed write-down of their AT-1 bond investment is nothing but an unethical attempt by these investors to subvert the regulatory process, writes Sudarshan Sen
Fund managers should not have ignored AT-1 bond risks
Directors should be chosen like the way regulators approve the choice of CEOs and statutory auditors under the joint purview of the Sebi and the RBI
SBI said its shareholding in Yes Bank will remain within 49 per cent of the paid up capital of the private lender and following the fund infusion, it will pick up 725 crore shares
With consumer demand remaining sluggish, it is prudent on the part of the central and states governments to pass on the benefits to people
More attention needs to be focused on state Budgets
Even though market sentiment has turned against the banking sector currently, its long-term prospects remain strong
From no level playing field for women at work to YES Bank rescue details, Business Standard brings you the top headlines of the day
The central government, represented by the department of financial services and YES Bank, and the RBI have been included in the petition
The epicentre of revival will be the effectiveness of the action plan of the new management to recover loans
In all the cases involving failure of banks, it is the common man who has to go through unwarranted stress.
The RBI allotted an amount of Rs 25,021 crore, with a pro-rata allotment percentage to 51.18 per cent
There's need for an insolvency framework for financial sector