Hyderabad June 7: Bulls may be loading up stocks and nudging up the Sensex in anticipation of fresh economic reforms by the UPA Government, but recessionary fears continue to cast a gloom in the job market, especially for the fresh MBA pass-outs this year. Despite some recent positive signals in the recession-hit economies, fresh MBA graduates still have to deal with constricted campus placements and lower availability of jobs. A survey by the Hyderabad chapter of the Indian Institute of Management (Ahmedabad) Alumni Association has shown that so far hardly 20 to 30 per cent of the pass-outs from the 90-odd MBA colleges in Hyderabad this year have been able to land jobs. “It is a more or less similar story elsewhere in the country. Campus placements have dwindled beyond expectation,” the alumni association says. Collecting data from the 90-odd MBA colleges in Hyderabad, the association points out that 20 to 30 per cent of the 10,000 graduates who passed out this year have been...

Add to this topic

Can the Bank adopt unfair/illegal methods to recover its due?

Activity: 1 referals , 1 comments, 20 views

Recovery of its due has been a hectic exercise for the Banks in the absence of a special legislation. ‘Non-performing Assets’ were growing and a need was felt to reduce the ‘Non-performing Assets’ of the Banks drastically. As the recovery through Courts was a difficult exercise for the Banks, initially, a special legislation called ‘The Recovery of Debts due to Banks and Financial Institutions Act, 1993’ was enacted creating a Special Tribunal called ‘Debt Recovery Tribunal’. Under the Act, the Banks are entitled to approach the Tribunal by filing an ‘Original Application’ which is similar to filing a suit in Civil Court proceedings. However, unlike the ‘Civil Court’ which is supposed to follow the ‘Civil Procedure Code’, a special and simple procedure has been prescribed under ‘The Recovery of Debts due to Banks and Financial Institutions Act, 1993’. At the end of adjudication, the Tribunal is supposed to grant a certificate called ‘Recovery Certificate’ infavour of the Bank...

Found "is rush for an mba is rush for money?" interesting, suggest it to your connections and communities...

Leading Recruitment Firm

HR Professionals |

Banking & Insurance Professionals |

Indian Chemical Industry

is rush for an mba is rush for money?

many people today are going for mba .but do tey really want themsalves to get some change or the amount of money involved is the reason?