Undertake Banking reforms to enhance ease and access, as well as accountability
This is what government's seven-point PSU banks reform plan entails
14 August 2015 | DNA India | Full article
The gross NPAs as a percentage of total advances rose to 2.04%, from 1.56% in the year-ago period. The net NPAs too increased to 0.93%, from 0.81%.
The seven-point reform plan to revamp PSU banks comes after the government's earlier plan to infuse Rs 70,000 crore in PSU banks, of which Rs 25,000 crore will go out in this fiscal.
Reforms undertaken by India significant: World Bank chief
Thu, Oct 12 2017. 10 09 PM IST | livemint | Full article
The reforms undertaken by the Narendra Modi govt have been ‘significant’ and the results would be reflected in the mid- and long-term growth figures, the World Bank chief Jim Yong Kim said
World Bank chief had said that the recent slowdown in India’s economic growth is short-term and an “aberration” mainly due to the temporary disruptions in preparation for the GST.