The finance minister recently told the chairpersons and directors of state-owned banks that those who highlight the sorry state of the banking sector—the culture of loan default, the flouting of set banking norms, etc—are all uninformed. Such a remark coming from him is disappointing, given the fragile state of the banking sector as a whole.
The Centre for Policy Dialogue yesterday came down hard on the finance ministry for the host of moves it made earlier this month to
The economy has come under pressure owing to crisis in the banking sector, inflationary pressure, soaring import against the backdrop of inadequate export earnings and remittance inflows, says the Centre for Policy Dialogue (CPD).
The finance minister recently told the chairpersons and directors of state-owned banks that those who highlight the sorry state of the banking sector—the culture of loan default, the flouting of set banking norms, etc—are all uninformed. Such a remark coming from him is disappointing, given the fragile state of the banking sector as a whole.
The Centre for Policy Dialogue yesterday came down hard on the finance ministry for the host of moves it made earlier this month to
The economy has come under pressure owing to crisis in the banking sector, inflationary pressure, soaring import against the backdrop of inadequate export earnings and remittance inflows, says the Centre for Policy Dialogue (CPD).