Rising Deferred Tax Asset - Not a Healthy Sign
Rising net deferred tax assets (DTA) in a scenario of stagnant and depressed net profits is not a healthy sign as current years’ net profits get...
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Resolution of 12 Large Corporate NPA Accounts May Take A Long Time
The 12 companies identified by the Reserve Bank of India’s Independent Advisory Committee for insolvency and bankruptcy proceedings are going to be...
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SBI – Abysmal State of Former Commercial Bank Subsidiaries Disclosed
In State Bank of India’s (SBI) latest annual report (year ending March 31, 2017) the state of the former 5 commercial banking subsidiaries (called...
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SBI – Huge 4QFY2017 Losses, Dark Days Ahead
State Bank of India (SBI), the nation’s largest and the government’s premier bank, reported a consolidated 4Q loss of Rs30bn and an annual profit...
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Payment Banks Emerge as Financial Inclusion Becomes Need of the Hour in India
Compulsion for Financial Inclusion in IndiaIn India, the GINI coefficient in rural areas rose to 0.28 in 2011-12 from 0.26 in 2004-05 and rose...
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