The World Economic Forum’s Global Competitiveness Index (GCI) rank at No 39 is a great news for India and government’s ceaseless efforts to improve the business climate. This is the second consecutive year of improvement, incidentally, with climb of 16 ranks in both years. The ranking carries considerable significance as this is the most comprehensive index comparing … Continue reading The Giant Leap for India..!
Honorable Supreme Court’s intervention in NPA (Non Performing Asset) deliberation on a Public interest litigation, lends considerably more seriousness to the whole debate regarding Bank’s NPA. The banks Gross NPA plus restructured assets) has gone up from less than 6% of total advances in March’11 to nearly 13% by March’15 and still remains around the same level. It … Continue reading Banks NPA – A Primer… (Part I)