Tag Archives: bankers

Finance Commission meets Bankers and Financial Institutions in Mumbai

New Delhi: The Chairman, Shri N.K. Singh, Members and Senior Officials of the 15th Finance Commission met a large group of Bankers and Heads of Financial Institutions in Mumbai today. Salient points raised by banks during their meeting with 15th Finance Commission on 9th May 2019. In the context of making the borrowing costs of State Governments aligned to their ... Read More »

Govt plans lending reforms as bankers fear new bad debt crisis

India’s near $147 billion pile of soured loans is replete with examples of powerful and politically connected businesses who are accused of undermining rules to secure credit and then defaulting on loans. Photo: Mint New Delhi: Weeks after India unveiled a $32 billion bailout of state-run banks, top finance ministry officials and bankers will meet this weekend to discuss lending reforms ... Read More »