Monday, January 7, 2013

Pre-Budget talks: Chidambaram to meet bank chiefs, economists today

.....Indications are that the talks would centre around the Government’s capital infusion in banks, Basel-III capital rules and the issue of deteriorating NPA situation in the banking system. As the pre-Budget talks will happen weeks before the RBI is expected to review monetary policy, the issue of interest rates is likely to come up for discussion.......

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