Monday, September 20, 2004

Archive A run for the bank

Archive

THE REFORMS BANK

A run for your bank

There must be a banking regulator which is able to predict risks for a bank and liquidate a weak bank while it is still solvent.


The Financial Express

The Financial Express

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It�s Time To Take Cover, India Inc

It�s Time To Take Cover, India Inc

Big companies like ICICI Bank, VSNL, BPL, HDFC Bank, L&T, Tata Chemical, TCS, Infosys have already taken huge D&O covers for various reasons. Also, the collapse of Global Trust Bank is creating new imperatives for the other private sector financial institutions to buy liability products, says an industry observer.