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PTI
January 1, 2019



Kumar Dipankar (PTI)
New Delhi, January 1, 2019
Urjit Patel became first since post economic liberalisation in 1991 to resign as the RBI governor. In independent India, the first governor to resign was Benegal Rama Rau in 1955 during the tenure of the Jawaharlal Nehru government.


PTI
December 31, 2018



BusinessToday.In
New Delhi, December 31, 2018
PM Modi lays foundation of 50 MW LNG-based power project in Andaman; the RBI said banks recovered Rs 40,400 crore from defaulters in FY18; iPhone battery replacement: Last day to get new Apple battery for Rs 2,000; Air Works releasing planes without recording, rectifying defects, says DGCA audit. Watch more in this episode of Business Wrap.


BusinessToday.In
December 31, 2018
PM Modi lays foundation of 50 MW LNG-based power project in AndamanPrime Minister Narendra Modi on Sunday laid the foundation stone of 50 MW LNG-based power project at Hope Town in South Andaman, the Power Ministry said.The PM also inaugurated two projects on clean cooking and electric mobility in the Andaman and Nicobar Islands, the ministry said in a statement.Banks recover Rs 40,400 crore from defaulters in FY18: RBIBanks have seen a significant improvement in recovery of stres...


PTI
December 30, 2018
Various initiatives by the government have yielded results, with the bad loans of public sector banks declining by over Rs 23,000 crore from a peak of Rs 9.62 lakh crore in March 2018, Financial Services Secretary Rajiv Kumar said.


PTI
December 30, 2018
The various channels through which lenders recovered their bad loans include the Insolvency and Bankruptcy Code (IBC), SARFAESI Act, debt recovery tribunals (DRTs) and Lok Adalats.


PTI
December 29, 2018
\"Applying the Basel-specified risk-weights would understate the true riskiness of loan assets carried on the books of our banks\"


PTI
December 28, 2018



Prosenjit Datta
December 28, 2018
The government's decision to recapitalise the ailing public sector banks without first fixing the management problems is a bad idea.


Prosenjit Datta
December 28, 2018
Most steps advocated by governments and politicians are meant for catching votes without solving the real problems. To fix the farmers' problems, the government needs to take tough steps and go up against entrenched interests.


PTI
December 26, 2018



PTI
December 26, 2018



PTI
December 24, 2018



PTI
December 24, 2018



PTI
December 23, 2018
The Reserve Bank of India has shortlisted six major IT companies, including TCS, Wipro and IBM India, to set up a wide-based digital Public Credit Registry (PCR) for capturing details of all borrowers and wilful defaulters.


PTI
December 23, 2018



BusinessToday.In
New Delhi, December 21, 2018
Farm loan waivers are being used by all political parties to capture votes. Rather than focusing on long term measures, politicians are relying on populist measures. The issue has triggered competitive populism among parties with BJP ruled states also announcing farm loan waivers. Congress is on a high after having waived off loans in Chhattisgarh, Madhya Pradesh and Rajasthan. It is good politics but bad economics. Also, the loan waivers will be followed by a tedious and lengthy process to translate into any real benefit for the farmers. Watch Rajeev Dubey, Editor, BusinessToday.in explain what loan waivers will mean in the long run for the economy


PTI
December 21, 2018



PTI
December 21, 2018



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