SBI – The Lone Ranger..!
State Bank of India (SBI) declared its results today and much to the relief it did not slip into red like most of its Public Sector peers. Net profit did…
L&T and Tata Steel – A tale of two companies..!
L&T and Tata Steel both declared their results yesterday. While Tata Steel recorded improvement of 18% (excluding one-off) at EBITDA level it recorded loss of more than Rs 3,000 crore…
Ab ki baar, Modi Sarkar..!
Like everyone else, feel tempted to do an appraisal of the Modi led government on the eve of its completion of 2 years in office..! Here is my take.. Honestly…
Towards an efficient Electricity market…
Two news over last few days brings little more light to the sector.. One, surrender of excess power by state utilities from Central allocation and second, discovery of market price…
Chabahar Port agreement…
The news of agreement on Chabahar port has received unprecedented coverage, similar to the coverage received by the Nuclear treaty with US ten year back. The pact is indeed historic as…
Explaining Inflation..
WPI based for the month of April was released last week with inflation showing an increase for the first time after 17 months. The reversal may cause anxiety if this…
‘Bank’ing on Consolidation..
State Bank of India (SBI) has set the ball rolling for consolidation in banking sector with stating its intentions to merge the associate banks with itself, a long awaited move.…
Punjab National Bank -Why this provisioning..?
PNB results have come as a shocker with bank reporting loss of more than Rs 5,000 crore in March’16 quarter and about Rs 4,000 crore for the full year. Indeed,…
Monetary Policy Committee – What it entails..
The proposal to set up the Monetary Policy Committee (MPC), being discussed for quite some time and put forward as part of finance bill got cleared by the Parliament last…
Regulating Large borrowers – RBI Proposal..
As mentioned in another post, the NPA discussion has alerted the regulator further more to expedite regulations being under discussion for long. One that RBI has proposed last week, deals…