‘The major success behind our robust recovery performance has come from our war room.’ ‘It is a small set of six-seven people that monitor (NPA) accounts. They help branches and zones on how to crack an account and follow up.’ ‘It is relentless.’ Illustration: Uttam Ghosh/Rediff.com Punjab National Bank has made a name for itself in recovery of bad loan dues. Usha Ananthasubramanian, managing director and chief executive officer of the government-owned ... Rediff.com, 1 week ago
It may be the season for corporate matchmaking but India Inc’s record of managing partnerships is far from impressive, says Shailesh Dobhal. Illustration: Uttam Ghosh/Rediff.com. Sniff the air and the spring of corporate partnerships is unmissable. The biggest, of course, is the proposed cashless, all-share equal merger between one of the world’s leading telco’s India operations, Vodafone India, and the Aditya Birla Group firm, Idea Cellular. Then there is the RCom-Aircel ...Rediff.com, 1 month ago
The Opposition in Rajya Sabha on Monday took the government to task for ignoring the woes of the common man hit hard by demonetisation and attacked Bharatiya Janata Party members for only painting a ‘rosy picture’ to the prime minister as they were ‘scared’. Congress leader Rajeev Shukla, participating in a debate on the Motion of Thanks for President’s address, said it was a ‘disappointment’ as there was nothing new in it. He said every speaker from ...Rediff.com, 2 months ago
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