The year 2018 began with the Nirav Modi scam hitting Punjab National Bank (PNB). The Reserve Bank of India (RBI) swung into action to lay down a new dispensation for the accounting of stressed assets by banks. This led to the banking sector reporting its worst ever quarterly performance with accumulated losses of Rs 55,085 crore in January-March 2018 quarter.

Shaktikanta Das will meet top officials from private sector lenders and cooperative banks next week.

This 100 percent electrification drive not only led to increased spends on last mile connectivity but also drove up the demand for power.

In a bid to boost liquidity, the government on Thursday said it will enhance the capital infusion in public sector...