Tuesday , May 23 2017

RBI: Infusing funds into India lenders won’t solve debt mess

Lead pix copy

Bloomberg Indian central bank Deputy Governor Viral Acharya said injecting new funds into lenders won’t resolve the nation’s stressed asset plight until companies take steps to reduce debt. The Reserve Bank of India is seeking to strengthen the banking system through measures including merging weaker banks and pushing to privatize ...

Read More »