Legacy of bad loans, NBFC implosion & historic bailout have left banks weakened coming into lockdown, which has stalled economy & led to surge in unemployment.
With 40% of banks assets, or 32.4% of GDP, riding on this instrument alone, the debate about priority sector lending is not new. There is a new-found urgency to make it fit-for-purpose.
Many offices in Telangana have asked their employees to work from home because of heavy rainfall, but it has become impossible due to the internet outages.
The Navy has always been on board with the theaterisation plan, but the Air Force feels splitting up air assets into several theatre commands is futile & will tie up critical systems.
Putin sees this as a victory. Europeans have decided to deal with Trump on his terms for the sake of the larger Western alliance. We look at the lessons for us in India.
Let the govt sell its holdings,it is a better option
Wherever else that much needed extra capital comes from, it should not be from taxpayers. Hum sab thak gaye hain repeated bank recapitalisations se.