Topic: credit flow
Modi govt finally sets up bad bank hoping to tackle NPA mountain, boost credit flow
The bad bank was registered as the National Asset Reconstruction Company Ltd with Padmakumar Madhavan Nair as the MD. Its paid-up capital is Rs 746 million.
Need to increase credit flow to businesses to meet needs of growing economy, says PM Modi
PTI -
Addressing a webinar on Budget proposals relating to the financial sector Friday, Prime Minister Modi also said that public sector presence in banking and insurance is required.
Another RBI rate cut next month will give fresh life to Indian bonds
RBI has cut borrowing costs & eased lending norms to boost credit flow. Yet, bond returns have dwindled, marred by concerns about govt borrowing plan.
On Camera
YourTurn
Forget Gyanvapi for a moment, Varanasi needs justice for a recent carnage: 2006 IM bombings
The real victim of the Varanasi bombing investigation has been the idea of justice. It's more lethal than any bombs the Indian Mujahideen planted.
Tata in acquisition talks with as many as 5 brands, to bolster position in consumer goods sector
The conglomerate will likely face stiff competition in the sector from existing global giants such as Unilever, as well as Indian tycoon Mukesh Ambani’s Reliance Industries.
Defence
China building ‘bigger, broader’ 2nd bridge at Pangong Tso that can carry armoured columns
China's People's Liberation Army aims for multiple routes to counter any possible operations by the Indian forces on the southern banks of the Pangong Tso in the future.
How Congress is like the Ambassador & why Indian politics needs a brand new set of wheels
Like the car, nothing the party has done to reinvent itself has worked. Only way forward is to offer something looking towards the future, not in image of glorious past.