The reference news India and other G4 countries recently said that they are willing to consider temporarily suspending their veto rights when and if they are made permanent members of the UN Security Council (UNSC). This change of stance is meant to hasten the process of making the G4 countries – India, Brazil, Germany and […]
Recently, the Reserve Bank of India released the Financial Stability Report. The report presents a grim picture of bad loan problem faced by the Indian banking sector. The report also makes some pertinent recommendations with respect to addressing the big NPA issue.