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Cabinet approves appointment of T Rabi Sankar as RBI Deputy Governor

Indiabulls Housing Finance raises $150mn through FCCBs

Bold reforms for a V shaped recovery - The Hindu BusinessLine

Bold reforms for a ‘We’ shaped recovery Restoring financial health   -  /iStockphoto× Proposals on PSU bank recap, privatisation, bad bank and DFI will go a long way in reviving the economy’s financial health Former RBI Governor YV Reddy famously once said that you cannot find a financial sector solution for every real sector problem. But this time around, all were agreed that unless one fixed the financial sector, especially public sector banking, it would be a huge challenge to ensure sufficient funding for post-Covid recovery and future growth. Also, there was consensus that infrastructure execution and financing need focussed attention. Both these aspects have been taken up in earnest by the Union Budget 21-22 and for this, the Finance Minister needs to be congratulated.

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