The government is said to be considering a proposal from the banking lobby, the Association of Indian Banks (IBA), and the feasibility of the proposal is currently under consideration. Following the IBA’s proposal, the bad bank will have an ARC-AMC model and…
read moreIndia’s foreign exchange reserves crossed the $ 500 billion mark for the first time in the week ending June 5, 2020. Unlike 1991, when India had to compromise its gold reserves to avoid an important financial crisis, the country can now depend…
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