It was loans given to big corporates turning bad that kept the banks on their toes and even extreme efforts could not yield desired results amid various roadblocks.
Rajan stressed no country in the world chases short-term inflation target ignoring domestic and global developments.
In the current fiscal beginning April 1, 2014, RBI governor Raghuram Rajan has undertaken four monetary policy reviews so far and the fifth would take place on December 2, with all these five bein...
John Chambers expressed confidence that under Narendra Modi's leadership India will accelerate growth to 7-8 per cent.
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