Indian Economy & Business Analysis
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Government’s decision to recapitalize banks is a prudent move which would reduce considerable stress from the banking sector. Public Sector Banks (PSBs) have been reeling under the load of growing NPAs…
State Bank of India (SBI) declared its results today and much to the relief it did not slip into red like most of its Public Sector peers. Net profit did…
As mentioned in another post, the NPA discussion has alerted the regulator further more to expedite regulations being under discussion for long. One that RBI has proposed last week, deals…