Raghuram Rajan wants individual bankers to take onus for large loans
Reserve Bank Governor Raghuram Rajan on Tuesday said there is a need to shift loan sanctioning process from the present committee-based approach to single banker taking up the responsibility as well as rewarding the person if the project goes on well.
Aug 16, 2016, 14:40 PM IST
Unitech makes a comeback, stock up 10%
Shares of Unitech on Thursday staged a strong comeback, surging nearly 10 percent, after the realty firm blamed certain sections of the market for spreading "false and misleading" rumours about the company defaulting on its debt repayment that resulted in severe slump yesterday.
Jun 04, 2015, 18:58 PM IST
Unitech brushes off rumours about default in debt repayment
Shares of Unitech had nosedived 51.63 percent to Rs 6.50, its 52-week low on the BSE.
Jun 03, 2015, 18:36 PM IST
