Boards need to look beyond quarterly numbers: PwC
India Inc. has seen grave corporate governance failures: From ICICI Bank to IL&FS to Jet Airways, the list is long and the damages bigger. What can firms do to protect stakeholder interests?
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December 2019
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June 2018
May 2018
Top three public sector banks post cheery Q1 results
State-owned lenders SBI, BoB, and PNB have all posted profits for the quarter ended June 30. Recoveries have been flat but cutting interest rates on deposits should help increase their margins.
PNB falls over 7% after reporting Rs 940 crore loss in Q1
The loss was much lower than Rs 2,418 crore, the figure estimated by a Reuters poll.
Where does the buck stop in Nirav Modigate ?
Our banking sector has had too many such accidents in the recent past, and the double shocks of mounting NPAs and major frauds, has dealt it a severe blow.
Public sector banks and the ‘scam cess’
Or how successive governments use taxpayer money to bail out an increasingly inefficient public sector banking system.
PNB posts its highest quarterly loss in Q4
Punjab National Bank reported a loss of Rs 13,417 crore in the January-March period as against a profit of Rs 262 crore in the previous year.
