Coming April 2007 the entire banking industry in India will be like a cat on a hot tin roof. While the Scheduled Commercial Banks (SCBs) will try to migrate to Basel II norms, co-operative banks in India will have to pay tax on their profits. Though the former is in the interest of banking industry, the later appears to be in the interest of government as it will be a double whammy for already undercapitalized and underperforming co-operative banks in India.
For complete IIPM article click here
Source:- IIPM Editorial
An IIPM And Management Guru Prof. Arindam Chaudhuri’s Initiative
For complete IIPM article click here
Source:- IIPM Editorial
An IIPM And Management Guru Prof. Arindam Chaudhuri’s Initiative
