Privatisation: A bad solution for India's banking problems

Next, the State Bank of India declared a quarterly loss, its first in 17 years. Finally, Punjab National Bank announced a $1.8-billion fraud, the net liability of which to the bank (and the banking system) is yet to be determined. Three of the largest PSBs with negative news haveadded fresh decibel levels to
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The Trump administration's top fiscal official told Congress that figuring out marijuana businesses' access to banks is at the “top of the list” of his department's concerns. “This is a complicated issue. We are actively looking at this,” Treasury Sec. Steven Mnuchin said at a hearing of the House Ways and
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This is not the first time Capfin's lending practices have come under scrutiny. In August 2014, the National Credit Regulator launched a probe into its lending practices, in particular concerns that it had not collected documented proof of income from its customers. In February 2015, the regulator cancelled
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The list is compiled by Great Place to Work and Fortune, who send out a survey to more than 310,000 employees to rate their workplace culture. Trust in managers, compensation, fairness, camaraderie and workplace traits linked to innovation are among the categories being ranked. . The ranking
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Such is the state of the Rochester-area real estate market in 2018. The traditional spring market that kicks off in March started much earlier as buyers trudged through the cold and snow to search for homes. Buyers are not waiting for the thaw or the flowers to come out. They are out in the market ready to
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Fannie Mae paid $12 billion in dividends to the Treasury in 2017. Freddie Mac on Feb. 15 reported a $2.9 billion net loss for its fourth quarter following its own $5.4 billion writedown of deferred tax assets. The company said it expects the FHFA to request $312 million from the Treasury. Freddie Mac paid
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Cyril Ramaphosa was elected as South Africa's president a day after Jacob Zuma resigned under pressure from the ruling party. Ramaphosa's nomination was unopposed Thursday in the 400-seat National Assembly after the opposition Economic Freedom Fighters walked out of the chamber, arguing
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China's ambassador to the U.S. warned the Trump administration against adopting a confrontational approach to the world's second-biggest economy. “It's certainly paranoid to fear that a China that follows its own path of development would be confrontational to the United States,” Cui Tiankai told a
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Fortune magazine named St. Jude Children's Research Hospital to the “100 Best Companies to Work For” list for the eighth consecutive year. The annual list distinguishes companies with exceptional workplace cultures that foster employee engagement and trust. This year marks the 21st edition of the
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Much of the general public thinks of Realtors as part-time Vanna Whites. All you need to do is stick a sign in the yard, open a door or two and voila – payday! We've all seen the ads that say, “Over $1 Billion Sold!” and even the dueling print ads that claim, “On the first and third Tuesday of the month we
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Warrington, of course, is no exception as the government prioritises its 'build more houses' agenda. So while there will be 20 year plans published after consultation there's also a 'housing market' – the two don't always go together as the wider economic cycle continues to run. Contradicting information
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The couple's story is in many ways representative of both the long-term — and short-term — trends in Edmonton's real estate market. The growth in single-family homes is overwhelmingly in far-reaching suburbs, where land is more affordable for families who want new, modern houses. And the market
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Half a century ago, the federal Fair Housing Act banned racial discrimination in lending. But today, African Americans and Latinos continue to be routinely denied conventional mortgage loans at rates sometimes far higher than their white neighbors. Disparities were exceptionally pronounced in 61 cities
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New home builders are looking ahead, and the National Association of Home Builders (NAHB) says this optimism was reflected in its Housing Market Index (HMI) for February. While the total HMI, which is also sponsored by Wells Fargo, was unchanged from January at 72, its most forward-looking
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Despite backing from groups as wide ranging as the U.S. Chamber of Commerce, the lobby for truckers — and now President Donald Trump — a proposal to raise gas tax for the first time in 25 years appears to be going nowhere fast on Capitol Hill. Trump surprised a bipartisan group of House and
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For the second year in a row, AT&T* is one of the 2018 FORTUNE 100 Best Companies to Work For, according to global research and consulting firm Great Place to Work and Fortune.
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… O'Brien was serving as special assistant attorney general for the Illinois Department of Revenue, where she also reportedly held the position of chief counsel to the Illinois Lottery. O'Brien also owned her own real estate company and worked part time as a loan originator for Amronbanc Mortgage Corp.
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That's why FORTUNE's list of the 100 Best Companies to Work For has become, over the last 20 years, our most popular franchise. It grabs the attention not only of people looking for jobs, but of companies eager to learn how to attract the best and brightest. The list is based on a thorough methodology,
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TORONTO, Feb. 15, 2018 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (“RioCan”) (TSX:REI.UN) today announced a distribution of 12 cents per unit for the month of February. The distribution will be payable on March 7, 2018 to unitholders of record as at February 28, 2018.
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5.1% of home mortgages were in some stage of delinquency in November 2017, slightly down from 5.2% a year earlier, according to the latest CoreLogic Loan Performance Insights Report. Due to the effects of the late summer hurricanes, Florida recorded the highest rate of delinquency at 9.9%.
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