Sanjeev Ahluwalia | Keeping Big Biz out of banks not a good idea
Increasing the number of well- capitalised private banks will induce competition and dilute the concentration of economic power
Don't extend loan moratorium, able corporates not paying loans: HDFC's Parekh to RBI
If the moratorium is extended by another three months, then it is going to hurt us and smaller NBFCs particularly, said Parekh
RBI relaxes external commercial borrowing norms for corporates, NBFCs
ECBs with a minimum average maturity period of 10 years can now be used for working capital purposes and general corporate purposes.
Rs 2,000 crore GST evasion unearthed in 2 months
Only 1 per cent of over 1.11 crore registered businesses pay 80 per cent of the taxes.
India Inc's foreign borrowings rise to USD 1 billion
In contrast, the borrowings of the Indian industries were USD 1.32 billion in May last year.
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