Monday, July 27, 2020

Banking Central | Who will save India’s public sector banks from politicians?

Banking Central | Who will save India’s public sector banks from politicians? Unless banks are given the freedom to decide on business decisions, banking sector NPAs can’t be addressed. In a highly competitive industry, PSBs need to be given a level playing field.

from Moneycontrol Business News https://www.moneycontrol.com/news/business/banking-central-|-who-will-save-india’s-public-sector-bankspoliticians_14085581.html

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Global Market Today: Asian shares surge, oil skids on Gulf deal

Markets globally surged as a tentative US-Iran peace deal emerged, promising to ease inflation and reduce the need for interest rate hikes. ...