RBI junks banks’ plea on stressed assets

Loans of over Rs 1.8 trillion, for which agreement has been signed by banks, are likely to be referred to IBC. Illustration: Uttam Ghosh/Rediff.com With no resolution in sight for nearly Rs 3 trillion of stressed assets, banks seem to be reaching a dead end with respect to the inter-creditor […]

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‘The closer it is, the more it hurts’

A manhunt is underway for a gunman in California after the third mass shooting in the state in less than a week. And police are piecing together the motive behind another shooting at a Walmart in Oklahoma. It’s Ashley. Here’s the news you need to know Monday.  The Short List newsletter […]

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