Saturday, April 17, 1999
`Banks need to encourage loan review mechanism to identify potential NPAs'
The Associated Chambers of Commerce and Industry of India (Assocham) has underlined the need for instituting a high-power loan review mechanism for banks especially to monitor large borrowal accounts and identify potential non-performing assets (NPAs).
Core group outlines risks in Rs 22,000 cr gas import
The high-powered core group for import of liquified natural gas (LNG) has outlined several risks involved in the Rs 22,000 crore project including inaccurate estimation of gas reserves, time and cost overruns and changes in government policies.
CMIE puts GDP growth at 6% in 1999-2000
The overall gross domestic product (GDP) is expected to rise by nearly 6% during 1999-2000 against 5.8% estimated for 1998-99, according to the Centre for Monitoring Indian Economy (CMIE).
|
|
