“The capital infusion program and commentary suggests that the focus is also to have more public banks out of the PCA (prompt corrective action) framework and ensure that lending is not constrained by these factors,” the
Meanwhile, job creation weakened, with companies perhaps cautious about making hiring decisions ahead of next year’s elections and a less upbeat optimism towards the outlook, said Pollyanna De Lima, principal economist at
Apart from CPs, all the other fresh borrowings in this quarter are of long term in nature, thereby helping the Company in further strengthening the ALM profile,” said Sanjaya Gupta, MD & CEO, PNB Housing Finance.
Life Insurance Corporation of India (LIC) on Tuesday gave Hemant Bhargava additional charge as chairman. The announcement to appoint Bhargava, who is currently a managing director, comes after the retirement of VK Sharma on D