Govt guarantee to bad bank SRs a blind gambit
The new guarantee to all Security Receipt holders that in the event of a shortfall it is the government who will step in and pay from the public exchequer is a problematic development.
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July 2021
March 2021
June 2018
India to be the third largest economy by 2031: Report
According to a BofA Securities report, the Covid-19 shock could delay India touching the GDP of Japan by three years. In their latest estimates, it will now happen by 2031 if the economy grows at 9%.
Will an ARC solve PSU banks’ NPA problem?
The magnitude of stressed assets piled up with PSBs raises questions on the rationale and funding of such an ARC/AMC.
