Capital expenditure by large central public sector enterprises moderated in July, declining 23% year on year to ₹53,406 crore, attributed partly to an unfavorable base effect. However, spending between April and July rose 2.5% to ₹2.21 lakh crore, driven by…
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IndusInd Bank, recovering from past financial irregularities, focuses on retail growth and ethical governance. The bank aims to increase retail liabilities, expand secured retail and MSME assets, and be selective in corporate lending. Following a year of internal review and…
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The employee attrition rate at the country’s second-largest private sector bank declined to 18 per cent in FY25 from 24.5 per cent in FY24, according to the bank’s latest Business Responsibility and Sustainability Reporting (BRSR) report.
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Anish Shah, Mahindra Group’s CEO, values dissent, recalling how his ‘no’ to Anand Mahindra led to a rejected proposal. Shah emphasises empowerment, crediting Mahindra for fostering openness. He believes good leaders inspire through collaboration, not power, and values diverse perspectives,…
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Punjab National Bank aims to improve its financial health by selling approximately 100 NPA accounts to ARCs, expecting a recovery rate of 40-50%. PNB is also targeting a total business of Rs 30 lakh crore by the end of the…
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Confederation of Indian Industry suggests land reforms. It proposes a GST-like council for coordinated reforms. CII advocates for uniform stamp duty rates across India. It recommends Integrated Land Authorities in each state. Full digitization of the conversion process is also…
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