The RBI’s priorty sector rules that require foreign banks in India to lend 40% of their loans to priority sector has shaken the big banks Standard Chartered, HSBC and Citi. What hurts is not the increase in the percentage of loans to priority sector, but that henceforth export loans won’t qualify as priority loans......
The very purpose of VITALINFO is to provide a platform for wider dissemination of updated information related to and happening of events in and around RBI.
No comments:
Post a Comment