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Wednesday, February 27, 2019

3 more banks exit RBI’s framework curbing loans

The PCA framework is designed to keep a check on the asset quality of weak banks by preventing them from lending until they improve financial parameters like capital adequacy and the ratio of bad loans to total loans.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2EhQ7YD

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Hardeep Singh Puri says India has over 60 days of crude, gas stocks; rules out any energy supply crunch

India assures ample energy supplies, with over 60 days of crude oil and natural gas reserves. Domestic LPG production has significantly redu...