Financial Services Minister M Nagaraju | Photo credit: Public sector banks have become stronger and more resilient, with credit growth outperforming their private sector peers in the recent past, Financial Services Minister M. Nagaraju said. This reflects the growing robustness of the banking community, with significant improvements in due diligence, credit underwriting standards and project […]
Mumbai: The latest reforms in goods and service tax is expected to unlock a new credit demand, in particular in the segments for small and micro, small and medium-sized companies (MSME). Bankers say that the question is likely to be powered by increased consumption activity, working capital needs and private capital expenditures. The makeover that […]