Monday, December 23, 2013

Banking Sector Stares at a Not Too Happy New Year

........With odds stacked against it, the banking industry is pinning its hopes on RBI’s guidelines based on the recently released discussion paper ‘Revitalising Distress Assets in the Economy’, which is expected to limit creation of bad loans. But the challenge of mobilising deposits will only get bigger. The only way to resolve this problem is to pay higher rate of interest or increase presence. But...........

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