Lending To Cronies
A large portion of the big ticket bad loans today involve loans by public sector banks (which control over 70% of the sector) to cronies...
Tag : bad loans
Business Tit-Bits| Yes Bank-the reality exposed!
The new Yes Bank CEO Ravneet Gill took charge of the bank from 1.2.19 and the Yes Bank quarterly results for March 2019, show the...
State Bank of India posts $1.1 billion fourth-quarter loss
State Bank of India (SBI) reported a loss of Rs. 7,718 crore ($1.1 billion), its biggest ever, in the January-March quarter, as the country’s biggest lender, set...