RBI has made it more costly to lend & borrow unsecured loans. One reason is financial risk these loans can pose, while another is harassment of borrowers by recovery agents.
Most recent data shows India’s top 3 private banks lent nearly 3 times the average industry rate in the quarter of March, while maintaining better asset quality than their state peers.
Researchers from US and Germany examined 100 debt contracts between Chinese state-owned entities and govt borrowers in 24 countries to give an insight into how China lends. Edited excerpt.
The RBI has assured both the market and government of creating comfortable liquidity conditions so that private and government borrowing are not hampered.
German mountaineers Stallbohm and Poncar recall their interactions with Col. Narendra ‘Bull’ Kumar and shed light on the maps they gave him which drew his attention to Siachen.
The private lender's shares tumbled to be top Nifty 50 loser after India's central bank barred it from taking on new customers through online and mobile banking channels.
Another addition to military cooperation has been the Strategic Space Dialogue, inaugurated in Paris in 2023. Last month, India participated as an observer to France’s AsterX.
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