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The Indian Banks' Association (IBA) made a representation to the RBI after deliberations among public sector, private sector and foreign lenders last month, CEO Sunil Mehta said. The central bank has taken cognisance of the group's suggestions and is seemingly open to dialogue.
Asian shares near all-time peak, oil heads to $60/barrel on economic revival hopesJapan's Nikkei climbed 0.3% while Australian shares advanced 0.5% led by technology and mining shares.
from Stocks-Markets-Economic Times https://ift.tt/3rueFoi
… Read MoreGovt may provide some guarantee for bad bank, says FMShe did not provide details of likely structure or the capital required for the new entity but said the non-performing assets (NPAs) in the banking system are a result of legacy issues of mismanagement in the past.
from Stoc… Read MoreThere’s a mindset change towards pragmatic reformsA crisis presents the opportunity to pump-prime the economy without worrying about fiscal deficit and inflation.
from Stocks-Markets-Economic Times https://ift.tt/2MGN9VK
… Read MoreStocks in focus: Divis Lab, JK Cement, Jindal Saw, Ashoka Buildcon and Affle
from Stocks-Markets-Economic Times https://ift.tt/3rz8QpQ
… Read MoreStocks in the news: NTPC, RIL, BPCL, Sun TV, PNB, NMDC and Sun PharmaBalkrishna Industries, NMDC, Sun TV, Aditya Birla Fashion, AstraZeneca Pharma and Redington India are among companies which will announce their December quarter results on Monday.
from Stocks-Markets-Economic Times https://i… Read More
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