NPAs of the public sector banks will increase, especially in infrastructure sector, forcing the government to recapitalise many of them through the Union Budget. Read more »
Troubled corporates can come out stronger from business restructuring if they handle the tough times with sincerity, tenacity, and commitment. Read more »
While the government paints a rosy picture of the expected outcomes, there are several hurdles in the road ahead for the MSME sector reforms. Read more »
Banks will see their businesses and profits shrink, but quick recovery possible with some help from RBI, government. Read more »
The RBI kept itself ahead of the curve by going the whole hog and thereby keeping its promise to do “whatever it takes”. Read more »
The government and the RBI have taken some useful steps, but the situation warrants bolder measures like the ones initiated by the US and UK, says Dr Charan Singh. Read more »
The RBI decisions indicate that there is scope for further rate cuts in 2020, though they may not be on the same level as those effected in 2019. Read more »
PSU banks have been asked to set up panel of senior officers to oversee the progress of disciplinary and internal vigilance cases to avoid harassment. Read more »
Gross NPAs of PSU banks declined from Rs 8.96 lakh crore in March 2018 to Rs 7.27 lakh crore in September 2019. Read more »
The former chief economic advisor predicts big economic crisis, says Indian economy is heading to the intensive care unit. Read more »