Finance and Law

Insolvency & Bankruptcy Code (IBC), is a success story that everybody concedes, it has brought back close to ₹3 lakh crore back into the banking system, Union Minister of Finance & Corporate Affairs, Arun Jaitley said at the…
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Personal injury suits are not as simple as talking to an attorney and receiving the money you ask for in compensation for your injuries. Personal injury lawsuits are a multi-stage process, and claimants shouldn’t skip one if they want to…
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No matter what industry you work in or what job you do, there is always a chance that you could become injured at work. Sadly, that’s a fact of life, and ultimately, it is why nearly every employer in the country is required by state…
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Merger of Banks or Consolidation of Public Sector Banks (PSBs) has been recommended by various committees, including Narasimhan Committee II on Banking Sector Reforms (1998), Leeladhar Committee (2008) and Nayak Committe (2014) constituted…
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An estimated 48.9 million non-institutionalized people in the USA have a disability. When you are disabled and have a fixed income, if a need for extra money comes up, you may feel trapped.   Without being able to earn extra money, how do…
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First-ever three way merger in Indian Banking with amalgamation of Vijaya, Dena and Bank of Baroda, wherein the amalgamated bank will be better equipped in the changing environment to meet the credit needs of a growing economy, absorb…
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Government on Monday 31 December 2018 infused ₹10882 crore Capital in four PSBs of which Bank of Maharashtra got ₹4498 crore, Central Bank of India ₹1678 crore, Syndicate Bank ₹1632 crore UCO Bank ₹3074 crore. Prior to this the government…
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Prompt Corrective Action (PCA) is triggered when banks breach certain regulatory requirements like capital, asset quality (tracked in terms of the net Non-Performing Assets ratio), and profitability, and the Reserve Bank of India (RBI) has…
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For most people, money is the fundamental requirement in life, and all the other aspects of your existence revolve around your ability to earn a living and manage your income. It’s well-known that money worries are a significant cause…
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