The promise of investing the larger entities (accounting for 56 per cent of the Indian banking industry) with enhanced capacity to increase credit and bigger risk appetite with bigger business portfolios and supporting them by injecting a combined Rs 55,250 crore into their capital makes for good optics.
September 3, 2019Pakistan will not only suffer international embarrassment but its economic woes will grow manifold if it is placed on a watch-list of countries considered non-compliant with global anti-terror financing measures at the Financial Action Task Force (FATF) plenary beginning in Paris on Sunday, knowledgeable sources said on Thursday. The US and its Western allies have tabled a …
February 15, 2018