Banks recap, ARC for stressed assets among steps for financial sector
Banks recap, ARC for stressed assets among steps for financial sector By IANS | Published on Mon, Feb 1 2021 13:18 IST | 0 Views Iran, Syria to launch joint bank to facilitate trade ties. Image Source: IANS News New Delhi, Feb 1 : The financial sector has seen several announcements in the Union Budget including banks recapitalisation and a ARC for stressed assets. Suman Chowdhury, Chief Analytical Officer, Acuite Ratings & Research said that the budget has made a few important announcements in financial sector reforms. It has permitted 74 per cent FDI in the insurance sector ...
Source: prokerala.com