The target was for banks to sell Rs 2 trillion worth of non-performing assets to NARCL, the so-called 'bad bank', by 2021-2022.Only 10 per cent of this has been executed. Illustration: Dominic......
'We are targeting good quality current and salary accounts.' Illustration: Dominic Xavier/Rediff.com State-owned Punjab & Sind Bank is targeting salary accounts to boost the share of low-cost......
A gradual approach to privatise public sector banks (PSBs) is more ideal than taking a big-bang approach, a study by Reserve Bank of India (RBI) staff has concluded. Illustration: Dominic......
There are loans to salaried people where the borrower is employed, but has failed to make repayment.Such loans would be identified and sold in a pool to ARCs. Illustration: Uttam Ghosh/Rediff.com......
Big private investment in infrastructure would be guided by Gati Shakti, Finance Minister Nirmala Sitharaman said on Tuesday. Illustration: Dominic Xavier/Rediff.com While presenting the Budget......