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Mega bank consolidation: Meeting April 1 deadline appears challenging
It is believed that the Prime Minister’s Office (PMO) has sought details from these lenders about their financial projections for the next three to five years. Details in respect of NPAs, capital requirement, credit growth and cost savings on account of the mergers have been asked for, officials said.
India needs to remove growth impediments to achieve $5 trillion economy:CEA
The Arthashastra stresses on ethical ways of creating wealth, he said, adding that we need to focus on creating trust in the markets as well. If governance standards have to be increased in the country, there has to be a greater focus on disclosing related-party transactions, the CEA said. The comments come in the wake of frauds like the one at non-banking lender DHFL.
Robust surveillance stalled coronavirus: Health minister Harsh Vardhan
Autos contribute 7% of carbon dioxide in India: M&M’s Pawan Goenka
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