The central bank Governor Shaktikanta Das said the RBI's off-site supervision of Indian banks has become more frequent and stringent over the past few years.
Sitharaman, who is only the second woman defence minister in India's history, is expected to work closely with the Finance Minister to take key industry-related decisions
It’s good that cronyism is being debated robustly. But the much bigger failure of incredibly powerful, rich and successful conglomerates — Adani, Ambani, Tata, Birla — lies in India’s fully brand-free growth.