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17 Dec Engineering a New Crisis to resolve an Old One

Posted at 02:52h in SOE by Admin 0 Comments

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Engineering a New Crisis to resolve an Old One C.P. Chandasekhar November 16, 2017 News that the US economy grew at 3 per cent during the hurricane-blighted third quarter of 2017, close to the 3.1 per cent recorded in the previous quarter, has once more revived claims...

09 Nov Recapitalisation Of Public Sector Banks: Why It Is The Best Choice Out Of All Available

Posted at 00:33h in SOE by Admin 0 Comments

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Recently the government has decided to recapitalise the banks in the biggest such exercise ever, to the tune of about rupees one lakh fifty thousand crore. Predictably, there has been a lot of criticism and on various grounds. However, in the humble opinion of this...

27 Aug :-) BANKING System Progress IN INDIA :-)

Posted at 13:59h in SOE by Admin 0 Comments

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• The first bank established in India was Bank of Hindustan, which was started in 1770. Second was The General Bank of India, which started in 1786. • The oldest bank still in existence in India is the State Bank of India. It was originated in...