RBI chief Rajan says need to improve health of banks | Reuters

MUMBAI The Reserve Bank of India Governor Raghuram Rajan said on Thursday that the health of the country's lenders needed to be improved, adding the central bank was taking steps in that direction.

Indian banks, which have about $120 billion in bad and troubled loans, are set to reveal more sour debt in the coming weeks after a clean-up ordered by the central bank.


(Reporting by Suvashree Choudhury; Editing by Biju Dwarakanath)

This story has not been edited by Firstpost staff and is generated by auto-feed.


Updated Date: Apr 07, 2016 15:59 PM

Also Watch

It's A Wrap: Omerta star Rajkummar Rao in conversation with Parul Sharma
  • Thursday, April 26, 2018 In the Kanjarbhat community, a campaign against 'virginity tests' is slowly gaining ground
  • Thursday, April 19, 2018 Watch: National-level skater and coach Dhwanit Rele trains and nurtures budding athletes
  • Monday, May 14, 2018 FOMO Episode 1: Google Assistant, This is America, Sonam's wedding & Global Warming
  • Saturday, May 19, 2018 Social Media Star: Rajkummar Rao and Bhuvan Bam open up about selfie culture, online trolls

Also See