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Recently the Union Finance Minister raised concerns over long-term financing in India. Long-term finance for industries includes those financial...
10 Jul 2018 Indian Economy
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Rupee Sinks To Record Closing Low
The rupee fell to its lowest-ever close as it weakened further against the dollar to end at 68.95. The Indian rupee’s previous closing low was...
06 Jul 2018 Indian Economy
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Public, Private Banks Ink Pact for Faster Resolution of Stressed Assets
Leading public and private sector banks agreed to put in place an Inter-Creditor Agreement (ICA) to ensure faster resolution of stressed...
06 Jul 2018 Indian Economy