Public sector banks better at managing NPAs than private sector: FICCI survey

Nonperforming assets refer to loans or advances that are on the verge of default. New Delhi: A survey by industry body FICCI and banking association Indian Banks Association (IBA) has found that India’s public sector banks are performing better in terms of non-performing assets compared to their private sector peers. Nonperforming assets refer to loans … Read more

The first prototype of the Vande metro bus will be launched in April, RCF managing director said

Published by: Shah Rukh Shah Last updated: February 12, 2024 08:33 US Standard Time S Srinivas, managing director of the Railway Coach Factory (RCF) in Kapurthala, Punjab, said it aims to launch the first Vande Metro coach prototype for intercity travel by April this year. A total of 16 such coaches are expected to be … Read more

India’s success stems from reforms over past few years: IMF Managing Director Kristalina Georgieva

Published by: Muhammad Haris Last updated: February 2, 2024 09:15 UTC International Monetary Fund (IMF) Managing Director Kristalina Georgieva said on Thursday that India’s economic success is rooted in its pursuit of reforms over the past few years, and she expressed hope that by staying the course it will be able to survive by 2047 … Read more