Friday, October 30, 1998
No easy rescue
The principal problem facing NBFCs is the loss of depositor confidence in their viability. The Vasudev Committee was entrusted the unenviable task of restoring faith in them.
Punjab Tractors' margins improve
Punjab Tractors' (PTL) performance continues to be better than the industry average but there are signs of a slowdown in the second quarter results. Till the first quarter, the growth in volumes was at 28.9 per cent.
Debt recovery tribunals need a leg-up
Very often, a need is felt to bring and consolidate all regulatory provision relating to banking and financial sector under one statute. Similarly, a case can be argued for marshalling under one umbrella all provisions in respect of dispute resolution arising in the areas of banking and finance.
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