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RBI to meet bankers to discuss NPA
Posted by wstacy (#1) 3 days ago (http://timesofindia.indiatimes.com)
The Reserve Bank on Tuesday said there is no concern about the level of non-performing assets (NPAs) in the banking system and it would soon meet 10 large banks to take stock of the situation.
The International Labour Organisation said policies designed to push down wages benefited German exporters at the expense of other nations.
Brings buoyancy on bourses
Posted by lalewis (#1) 3 days ago (http://www.deccanherald.com)
Brings buoyancy on bourses
The Hindu : Business / Markets : Rupee gains strength to trade below 50-level intra-day
India’s central bank unexpectedly cut the amount of deposits lenders need to set aside as reserves for the first time since 2009 and signaled future interest-rate cuts, joining BRIC nations in shielding growth. Stocks rose.
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