Punjab National Bank on Tuesday reported a seven percent YoY jump in net profit at Rs 246.5 crore for the third quarter ended December 2018.

Edward Altman, who developed the Z-score method for predicting bankruptcies, says India needs a good credit culture as China made a mistake of lending indiscriminately to spur growth. According to Altman, who is the professor finance emeritus at New York University’s Stern School of Business, non-performing loans (NPL) in the Indian banking industry needs to be reduced.

While Dubai-based Seclink Group is likely to be awarded the Rs 25,000 crore slum redevelopment contract, the obstacles that have kept developers away from the project for 15 years have still not been addressed.

Mangte Chungneijang Mary Kom, known to followers as Mary Kom, is currently basking in glory after she became the world no 1 boxer in the International Boxing Association's (AIBA) rankings. The 2012 Olympic bronze-medalist and six-time world champion told CNBC-TV18 that Super Boxing League will help to grow the popularity of the game.