Post Covid-19, divestment plan set for a flying start
Concor and Shipping Corporation of India, the two companies scheduled to go first off the blocks as part of India's divestment programme, have drawn excellent response from potential suitors.
Concor and Shipping Corporation of India, the two companies scheduled to go first off the blocks as part of India's divestment programme, have drawn excellent response from potential suitors.
Development comes hours after parent Infrastructure Leasing & Financial Services informed bourses about more defaults.
Rajan suggested the need to improve governance of public sector banks and the process of project evaluation and monitoring to lower the risk of project NPAs.
The periodic premium that Life Insurance Corporation (LIC) of India pays is a cost borne by its premium-payers.
While public sector banks accounted for 88.74% of the total gross NPAs in December 2017, top five among them make 46.76% of that total.