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Indian norms on PCA, capital are conservative, rule-based

Indian regulations on capital requirements, provisioning for sour assets and prompt corrective action (PCA) restricting regular activities by lenders are conservative and rule-based, SBI’s research wing has said in a report. It did not call for any relook in the report which comes amid a heated debate between...
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North falls further behind in three-speed economy

Ireland’s economy looks set to continue growing, albeit more slowly than the blistering pace of recent years, a leading think tank has said – adding that wage growth looks set to accelerate through 2019, supporting domestic demand. The Nevin Economic Research Institute (Neri) forecasts gross domestic product will...
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Headwinds build up for the economy

Three weeks is a long time for the economy. Ask Finance Minister Arun Jaitley and the mandarins in North Block. Until recently, it seemed as if growth was finally returning and that the petulant rupee was the only problem to handle. Not any longer, though. The last few...
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