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Saturday, December 29, 2018

PCA-banks see slower bad debt growth: RBI

The RBI’s PCA imposes restrictions on lending and some other operations for banks that have been put under this framework, some of which had become contentious issues between the central bank and the government when Urjit Patel was the governor.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2GI2nGb

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France’s economic woes: Debt nears 122% of GDP, growth forecast at just 0.4%

France is grappling with severe economic challenges, marked by soaring public debt nearing 122% of GDP. With government expenditure exceedin...