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The Fed: Fed’s Kashkari decries ‘absurd’ U.S. financial system that needs bailout every 10 years
Minneapolis Fed President Neel Kashkari on Friday decried the U.S. financial system as “absurd” because it has needed a central bank bailout twice in less than 20 years.
“How can it possibly be this fragile?” Kashkari asked, in a speech to…
Shadow banks want govt to create a special fund for 3-5 year loans
The tenure of refinancing should be increased to at least 36 months for a healthy asset-liability profile, said the lobby group for NBFCs
TopicsNBFCs | Modi govt | loans
Abhijit Lele | Mumbai Last…
Govt’s stake divestment to be credit negative for public sector banks: Icra
The proposed divestment of the Centre's majority stake in certain PSBs will be credit negative for these lenders, ratings agency ICRA said
Topicspublic sector banks | PSBs | ICRA
IANS | New Delhi Last…