Global fallout of domestic policy needs studying: Jaitley

Washington, Oct 13 (IANS) India has underlined the need to understand the global spillovers of domestic policy actions, especially in the area of trade and financial regulations, the Finance Ministry said on Friday. “It is important to understand the global spill-overs of domestic policy actions of individual member countries especially on matters related to trade […]

Provisioning for insolvency cases not unusually large: RBI official

Kolkata, Oct 13 (IANS) Reserve Bank of India Deputy Governor N.S. Vishwanathan on Friday said the required provisioning for the NPA (non-performing asset) accounts referred for insolvency resolution is “nothing unusually large”. “Let me explain the logic for the provisioning requirement for the cases referred in the IBC (Insolvency and Bankruptcy Code),” he said at […]