With increasing pressure on banks for recovery of non-performing assets, defaulters, especially those in the ‘wilful defaulters’ category are making serious efforts in utilising
India welcomed the announcement of lifting of nuclear-related sanctions against Iran in January 2016. External Affairs Minister, in a letter to her Iranian counterpart,
Allaying concerns over inadequate capitalisation of banks reeling under the stressed assets, State Bank of India (SBI) Chairperson Ms Arundhati Bhattacharya said her bank
While maintaining status quo on benchmark policy interest rates was on expected lines, RBI Governor Dr Raghuram Rajan’s assertion that the central bank remains
Fast changing geo-political situation in the Middle East and the increased terror threat with consequent economic costs will surely weigh on the RBI’s policy stance