Trade-friendly policies of the Modi govt is encouraging us to invest more in the country, CEO Gorman said.
India is a $2.5-trillion economy and on the way to becoming a $5-trillion one.
India’s economy expanded at 8.2% in the June quarter, fastest among all major economies.
The issue is whether Bank of Baroda will get distracted to the point that growth and transformational journey that we have undertaken will come to a standstill.
"The three banks do not have big exposure to NCLT accounts. "
As India built roads, power plants and ports by acquiring private land, debate for fair compensation began to rage.
Notional amount of CDS rose to a high of more than $60 trillion by 2007 from about a trillion at the turn of the century.
That reduced the capital the bank had to keep and would be paid by the European Bank if Exxon defaulted.
We must understand that we can never fully insure ourselves against financial crisis.
So, why not file for bankruptcy? The government should follow what it is preaching to the private sector.
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