The RBI has asked banks to appoint agencies for specialised monitoring to track borrower accounts of over INR250 crore. Since banks are following CVC guidelines and allotting mandates to L1 bidders, non-serious applicants, who are bidding at throwaway rates, are winning the mandates. This is defeating the basic purpose of the exercise.
The RBI has asked banks to appoint agencies for specialised monitoring to track borrower accounts of over INR250 crore. Since banks are following CVC guidelines and allotting mandates to L1 bidders, non-serious applicants, who are bidding at throwaway rates, are winning the mandates. This is defeating the basic purpose of the exercise.
Facebook and others are battling complex disinformation with AI-driven defences. But this can only get us so far, argues an expert on high-tech propaganda.
A plan by existing shareholders to do some cosmetic share transfers to exploit a June 7 RBI circular has been shot down by lenders. Even as binding bids are being sought, for the troubled realty lender and its stakeholders, year 2020 begins with hectic parleys.
AUDIO SUMMARY
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AUDIO SUMMARY
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Company boards are adding various performance-linked criteria on top bosses’ pay, as cost and profit pressures continue. Clawback provisions are also finding favour with pay-setters.
