Business/Economy
Six PSU banks report Rs 7k crore loss as defaults mount - Mayur Shetty, ToI
Nearly Rs 7,000 crore of fourth quarter losses reported by six public sector banks on Friday showed that the bad loan problem for banks is far from over. The biggest surprise was the Rs 3230 crore loss reported by Bank of Baroda - the second largest public sector bank in terms of assets. Union Bank of India was the only bank which made a profit of Rs 97 crore in the fourth quarter was the only PSU bank to avoid a loss today. All other lenders Central Bank, UCO Bank, Allahabad Bank and Dena Bank reported losses.
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₹2.11 lakh crore for PSU banks to boost lending - Hindu
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Panaya deal, new CEO, guidance: Analyst views on Infosys Q2 results - Puneet Wadhwa, Business Standard
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Looking for honesty in the wrong places - Surjit S Bhalla, Indian Express
10-bore silver bullet for economy - Madhusudan Sahoo, Pioneer
Don’t blame GST and DeMo - Aruna Giri N, Business Line
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