India is well-placed to ride out the ongoing geopolitical crisis, but should not let go of the opportunity to accelerate its shift towards non-fossil fuels, economists said, while also underlining worries related to weak domestic demand.
Condolences poured in for the Rashtriya Lok Dal Chief after his son Jayant Chaudhary confirmed his demise on Twitter.
Pratip Chaudhuri, former CMD of State Bank of India, says banks are circumspect because once you call up a loan, there is no chance of it ever coming back to health, and obviously valuations of stalled businesses are very low
Other than UCO Bank, State Bank of India, Bank of India, Andhra Bank and State Bank Of Travancore have also cut their base rates.
Charan Singh, ED, UCO Bank said the restructured portfolio of the institution is seeing a gradual reduction and retail credit is growing at 15 percent.
Dr Charan Singh, Professor of economics, IIM Bangalore and Mr Sharad Sharma, Managing Director, State Bank of Mysore talk about resolving the worry for banks, augmenting NPAs.
In an interview to CNBC-TV18, Charan Singh, scientist, IMD, shares his views on the onset of monsoon.