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Our institutional holding is broad-based, not acquisition target any more: Srikrishnan H, Karnataka Bank - Vimarsana News

Our institutional holding is broad-based, not acquisition target any more: Srikrishnan H, Karnataka Bank

While we maintain a very healthy capital adequacy ratio, we have been judiciously churning tier-2 capital that was quite expensive. We have a follow-up round of tier-1 capital planned which will facilitate book-growth. Our NPA is largely from the historic book that has been adequately provided for, and our coverage ratio is high. We will, however, monitor and control any further slippages, says Srikrishnan H, MD & CEO, Karnataka Bank.

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The NPA's new smart weapon for fighting corruption - Vimarsana News

The NPA's new smart weapon for fighting corruption

By using ‘non-trial resolution’, companies can more easily be made to pay for white-collar crimes committed across a range of jurisdictions, writes Ouma Rabaji-Rasethaba.

Sars investigator accused of misconduct in R116m Mol Pro fraud case - Vimarsana News

Sars investigator accused of misconduct in R116m Mol Pro fraud case

The National Prosecuting Authority is withdrawing charges — for the second time — against a company accused of tax fraud involving more than R100m after allegations of irregularities in an investigation by the South African Revenue Service (Sars).

EDITORIAL | Whether president 'likes it or not' election results will be the real indicator of progress - Vimarsana News

EDITORIAL | Whether president 'likes it or not' election results will be the real indicator of progress

The bungling of prominent state capture cases has cast doubt on the commitment to rid our country of corruption

Pinetown grants bail to suspected copper cable thieves - Vimarsana News

Pinetown grants bail to suspected copper cable thieves

Two suspected copper cable thieves nabbed at a scrapyard in Queensmead this week have been granted bail.

Source: ecr.co.za
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