Ordinance on NPAs – The Fight Continues…

The promulgation of the Ordinance yesterday for resolution of Non Performing Assets (NPAs) is another measure to tackle the crisis gripping the banking sector. Yet, the ordinance could be another dead ball and nothing that one can hope would work wonders due to lack of market participants. A look at the implication of the ordinance… An Ordinance is […]

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Boosting Corporate Bond Market..

The man is in a hurry..! Dr Rajan wants to complete the agenda before he leaves RBI Governor’s office in little over a week. Guidelines released by RBI yesterday to deepen corporate bond market, government securities market, develop currency market and to help banks shore up their capital brings him closer to that goal. These measures are expected […]

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