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Profit in public sector banks plunges 27% to Rs 37,000 cr in FY14

Aug 05, 2014

Profit in public sector banks plunges 27% to Rs 37,000 cr in FY14

Noting that rise in non-performing assets of PSBs was a matter of concern, the junior finance minister said that "although the gross NPAs have increased at system level, the gross NPAs ratios of banks do not indicate any systemic vulnerability". #NewsTracker #SBI #Canara Bank #Nirmala Sitharaman #Bank of Baroda #Corporate Debt Restructuring #Financial Stability Report #PNB #non performing assets
Jaitley seeks to cut business cost to propet growth

Jun 07, 2014

Jaitley seeks to cut business cost to propet growth

Reaffirming the government's commitment to keep finances in check, the finance minister said he is against "slackening the vigil in the area of fiscal consolidation". #Business #Economy #India #NewsTracker #Arun Jaitley #Raghuram Rajan #UK Sinha #Arvind Mayaram #Financial Stability and Development Council
Jaitley to chair FSDC meeting this week

Jun 05, 2014

Jaitley to chair FSDC meeting this week

Jaitley will chair the meeting of the Financial Stability and Development Council. #ThisisNext #Arun Jaitley #Raghuram Rajan #UK Sinha #PFRDA #Financial Stability and Development Council
This US dollar-rupee chart tells us the market is wary of UPA

Jan 30, 2014

This US dollar-rupee chart tells us the market is wary of UPA

The dollar-rupee rate has never been as volatile as its has been under the UPA regime. #RBI #Financial Stability Report #Dollar-Rupee #Forex Rates
Have money, won't invest: India Inc prefers cash to factories

Dec 31, 2013

Have money, won't invest: India Inc prefers cash to factories

The RBI notes that companies are investing in financial assets rather than real factories and assets that create jobs. India Inc is clearly not convinced that investing in factories is all that beneficial right now. #Investing #HowThisWorks #RBI #Jobless growth #Financial Stability Report #Corporate Investment #Cash Hoards