Govt's solution for bad loans: Merge state-owned banks to 6 from 27

Govt's solution for bad loans: Merge state-owned banks to 6 from 27

Vinod Rai, a 68-year-old former auditor general of India, said consolidation has already begun with State Bank of India`s move to absorb five subsidiaries and Bharatiya Mahila Bank, a bank for women set up in 2013.

Intermediate mechanism for NPA resolution on anvil: Vinod Rai

Intermediate mechanism for NPA resolution on anvil: Vinod Rai

Worried over mounting bad loans, the Bank Board Bureau (BBB) is working out an "intermediate mechanism" to ensure early resolution of the problem and also to provide comfort to the bank management with regard to settlement of dues.

'Intermediate mechanism for NPA resolution on anvil'

'Intermediate mechanism for NPA resolution on anvil'

Worried over mounting bad loans, the Bank Board Bureau (BBB) is working out an "intermediate mechanism" to ensure early resolution of the problem and also to provide comfort to the bank management with regard to settlement of dues.

Bank Board Bureau holds first meet, discusses stressed assets

The maiden meeting of the newly-constituted Bank Board Bureau (BBB) on Friday discussed board-level vacancies as well as recognising stressed assets and resolving issues around them.

President Pranab Mukherjee confers Padma awards on Dhirubhai Ambani, Sania Mirza: Complete list is here

President Pranab Mukherjee confers Padma awards on Dhirubhai Ambani, Sania Mirza: Complete list is here

President Pranab Mukherjee presented five Padma Vibhushan, eight Padma Bhushan and 43 Padma Shri awards at the Civil Investiture Ceremony.

Vinod Rai's appointment a 'quid pro quo' by BJP govt: Surjewala

Criticising the appointment of former Comptroller and Editor General (CAG) Vinod Rai as the chairman of the newly-constituted Banks Board Bureau (BBB), Congress in charge of communications Randeep S. Surjewala on Sunday accused the Bharatiya Janata Party (BJP) Government of "quid pro quo", while questioning the legality of such an appointment under Article 148 (4) of the Constitution.

Vinod Rai appointed first Chairman of Banks Board Bureau

Vinod Rai appointed first Chairman of Banks Board Bureau

Former CAG Vinod Rai was Sunday appointed first Chairman of the Banks Board Bureau, which will advise the government on top-level appointments at public sector lenders and ways to address the bad loans problem among other issues.

Dhirubhai Ambani, Shri Shri Ravi Shankar, Rajinikanth honoured with Padma Vibhushan; Anupam Kher, Vinod Rai to get Padma Bhushan

Dhirubhai Ambani, Shri Shri Ravi Shankar, Rajinikanth honoured with Padma Vibhushan; Anupam Kher, Vinod Rai to get Padma Bhushan

The Government of India on Monday announced the Padma awards for imminent persons for their distinguished and exceptional achievements under various categories for the year 2016.

Appointment process for new Delhi University VC set in motion

With Dinesh Singh slated to retire in mid October, government has put in motion the appointment of a new Vice Chancellor of Delhi University inviting application from prospective candidates on Wednesday.

Process for appointing a new VC for Delhi University​ begins

The process for appointing a new Vice Chancellor of Delhi University was set in motion on Thursday with the varsity's executive council nominating former CAG Vinod Rai and former ISRO chairman K Kasturirangan to a selection panel likely to be set up soon.

Black money, corruption, debated at Non Fiction Festival

 Discussions on topics ranging from public accountability and governance to black money and corruption and the common thread that binds them along with the common thread binding them, dominated the discourse at the inaugural session of the fourth edition of India Non-Fiction Festival here on Saturday.

Vinod Rai welcomes Manmohan Singh's plan to pen memoirs

Retired CAG Vinod Rai has welcomed former Prime Minister Manmohan Singh's decision to write memoirs, saying the nation needs to know what exactly transpired during his tenure and felt that people holding high offices should pen their experiences.

Padmanabhaswamy temple audit to take 5-6 months: Vinod Rai

The special audit of the properties of Kerala's famous Sree Padmanabhaswamy temple, which is facing allegations of financial irregularities, is expected to be completed in the next five to six months.

Ex-CAG Vinod Rai says will remain in public life sans politics

Having created a flutter in political space -- first with his audit reports and now with a tell-all book, former CAG Vinod Rai says he does not want to enter electoral politics but would remain in "public space".

Stop shooting the messenger, address malice of scams: Vinod Rai to Congress

Former Comptroller and Auditor General (CAG) of India Vinod Rai launched his much-awaited book "Not Just an Accountant" at the India Habitat Centre here on Wednesday evening.

Don't shoot messenger; address the malice instead: Ex-CAG Vinod Rai

Facing criticism from various Congress leaders for remarks made in his new book, former CAG Vinod Rai on Wednesday said the approach should be to address the malice, and not to "shoot the messenger".

Did not receive any letter on PPP audit from Vinod Rai: Chidambaram

Former Finance Minister P Chidambaram on Tuesday said he did not receive any communication from ex-CAG Vinod Rai on the audit of PPP projects.

Nirupam slaps legal notice on Rai, wants unconditional apology

Congress leader Sanjay Nirupam on Monday slapped a legal notice on ex-CAG Vinod Rai accusing him of defamation and threatened to launch criminal proceedings if he did not apologise for remarks that the MP had asked the former chief auditor to drop Manmohan Singh's name from 2G report.

Exclusive: Former CAG Vinod Rai talks to Zee Media

Former CAG Vinod Rai talks to Zee Media about 2G and Coal block scam and Manmohan Singh's accountability in those issues

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