Mumbai: India’s central bank on Thursday reiterated the sovereign-proxy status for bonds issued by various states, likely easing investor concern overseas about the risk and reward these […]
PF6997 New development in Bandra Kurla Complex area, Mumbai, Maharashtra, India.(Alamy Stock Photo) The government will immediately seize control of a shadow lender whose defaults […]
A man reads a newspaper outside a branch of Punjab National Bank (PNB) in Ahmedabad on March 20.(Reuters) Punjab National Bank (PNB) Wednesday said it […]
Unless PNB gets fresh capital in time, it may be unable to make the payment because an unprecedented loan-fraud wiped out its profits and pushed […]
PF6997 New development in Bandra Kurla Complex area, Mumbai, Maharashtra, India.(Alamy Stock Photo) The government will immediately seize control of a shadow lender whose defaults […]
The government will immediately seize control of a shadow lender whose defaults have caused widespread upheaval at mutual funds, a rebuke that’s only happened to […]
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