A day after the Reserve Bank of India (RBI) issued the draft norms for new banking licences, a host of companies started the ground work for their banking play.While companies like Religare and......
Almost a third of loans that banks have given to microfinance institutions have been admitted for restructuring.This follows the inability of MFIs to repay.The Corporate Debt Restructuring cell has......
Even if Mudra steps in to play its main role of refinancing at some stage, the responsibility for the bad loans remains with the banks, notes Debashis Basu. About a month ago, Business......