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Higher investment in housing by households may increase the fixed investment in the economy, it says
Banks may be required to take a loss of at least 25-40 percent in the form of haircuts to resolve the stressed loans that mar the sector, according to senior bank officials said.
Banks finally put an end to the lingering loan recast issue with the debt ridden Kingfisher Airlines (KFA). They decided to recall loans from the company after meeting the management here in Mumbai on Tuesday late evening.