Saturday, February 2, 2019

Is there another change in the prompt corrective action framework?

Is there another change in the prompt corrective action framework? While Oriental Bank of Commerce has been removed from PCA, RBI has clarified that the government has infused sufficient capital in the entity, bringing net NPA to less than 6 percent.

from Moneycontrol Business News http://bit.ly/2TqtFTr

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Dollar holds gains as markets focus on peace talks, Fed minutes

Global markets remained cautious on Wednesday as geopolitical tensions simmered, with investors keenly awaiting U.S. Federal Reserve minutes...