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The Exim Bank had to invoke the guarantees after decade-plus old loans extended to some African countries turned into non-performing assets.
IDBI Bank Ltd is a LIC subsidiary that provides banking and financial services. It began as the Indian Industrial Development Bank,
But the government will present a second tranche of Supplementary Demands for Grants during the Budget session of Parliament in February, when it can seek additional spending.
The Covid-19 pandemic had not only caused grave human costs, but has also been a wake-up call for those who care to sit up and take notice. It had laid bare the dystopian landscape underlying...
Midnight Notes text on how capital's plans to control the proletariat in India through the green revolution has created "strange loops" and "short circuits" that have made it even more difficult to control.