Reserve Bank of India Deputy Governor Viral Acharya said India needs to urgently address the large amounts of bad debt held by its lenders, outlining potential solutions including the creation of public or private agencies to buy the soured loans
Read MoreHSBC Holdings reported a 62 per cent slump in annual pre-tax profit that fell way short of analysts' estimates as the British bank took hefty writedowns from restructuring and pointed to brakes on revenue growth
Read MoreAll the obvious advantages of ELSS Funds as an 80(C) instrument notwithstanding, they possess a few all too common pitfalls too. With under 40 days left in this fiscal, you may want to acquaint yourself with them before you make the decision to jump in with both feet
Read MoreTraditional policies also have punishing surrender clauses built into them
Read MoreAviva Life Insurance launches first heart insurance for couples in the country that covers 19 major heart ailments
Read MoreThe Central Banker’s tough stance on inflation lays to rest the questions on its autonomy, writes Clifford Alvares
Read MoreUnder governor Urjit Patel, the RBI has significantly reduced communication with markets after he took over in September, an analysis of his public comments shows
Read MoreUnfazed by criticism of the way the note ban was handled, RBI Governor Urjit Patel on Friday said the central bank has grown a thick skin fast doing its job and stressed that the economy will make a "sharp V" recovery after a short drop
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