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  Business   Economy  25 Sep 2018

Business, Economy, 25 Sep 2018

Bad debts on a decline, loan recovery picking up of PSU banks: Jaitley

After the IBC came into force, which calls for an auction of assets of loan defaulting entities, recoveries have picked up.

25 Sep 2018 7:28 PM

RBI needs to cut Cash Reserve Ratio to improve liquidity: govt official

The RBI has tools like OMO (Open Market Operations) to manage liquidity.

25 Sep 2018 5:49 PM

Moody's retains Bank of Baroda rating after merger announcement

Last week, government had announced merger of BoB, Vijaya Bank and Dena Bank to create the country's second largest lender.

25 Sep 2018 5:37 PM

Jaitley asks PSU banks to take effective action against frauds, defaults

Formalisation of the economy would help India achieve sustainable growth of 8 per cent.

25 Sep 2018 4:27 PM

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