Financial Assets

Banks need to be more transparent about loan restructuring

Rs 2 lakh crores expected to be restructured in this year. Experts argue that 20 percent of restructured loans will turn bad and hence there is a need for banks to be open about their non-performing assets.

India's international investment position falls

The residents' financial assets abroad rose by USD 10.4 billion to USD 492.8 billion by as of the June quarter on a quarter-on-quarter basis

8 MPs ignore reminders, don't face action for not declaring financial assets

The MPs have failed to declare their financial assets within the stipulated 90 day period after being sworn in as MPs.

Emerging markets to account for one-third of fin assets by 2020: McKinsey

The value of financial assets worldwide is expected to touch USD 371 trillion by 2020, with emerging economies including India, accounting for about one third of the total amount, says global consultancy McKinsey.