Praful Sarda News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Praful sarda. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Praful Sarda Today - Breaking & Trending Today
The Chaos in MPLADS Funding moneylife.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneylife.in Daily Mail and Mail on Sunday newspapers.
Rebooting Economy 60: India in a financial mess of its own making Misdirected stimulus that relies heavily on liquidity infusion when demand is depressed and incentivising loan defaults by routinely writing off NPAs threaten financial stability and economic recovery Prasanna Mohanty | January 21, 2021 | Updated 14:56 IST The Insolvency and Bankruptcy Code (IBC) is unlikely to help much in cleaning up bad loans The RBI s Financial Stability Report (FSR) released on January 11, 2021 warns of serious financial risks to the economy (described as unintended consequences ) caused by the monetary and fiscal measures pursued to revive the economy. It says the financial vulnerabilities incipiently pre-pandemic have intensified and pose headwinds to a fuller recovery . Its macro stress tests show that the Gross NPA (GNPA) ratio of Scheduled Commercial Banks (SCBs) is likely to rise from 7.5% in September 2020 to 13.5% by September 2021, under the baseline scen ....