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Opinion | Banking regulations are not cast in stone

The Mumbai High Court will hear Kotak Mahindra Bank’s petition against the Reserve Bank of India (RBI) after the latter rejected its plan to reduce promoter shareholding by issuing perpetual non-cumulative preference shares (PNCPS). It would not be an exaggeration to say that the case’s outcome may change...
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UP Boards 2019: All exam answer sheets to be re- checked

To minimize errors in the evaluation of high school and intermediate exam answer sheets, the UP Board is considering to get all the scripts rechecked before declaring the results. Till last year, only 15 per cent of the answer sheets were randomly chosen and re-evaluated by the board....
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Bank of America ML sole bidder for SBI’s Essar Steel debt

On Monday, the Supreme Court declined a plea of Essar Steel’s operational creditors for a stay against the tribunal’s order, paving the way for ArcelorMittal to take over the company. MUMBAI | KOLKATA: Bank of America Merrill Lynch emerged as the sole bidder in State Bank of India’s auction of...
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