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February 2018
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International News
Weak banks and corporates leave India vulnerable: IMF
 
Washington, Oct 11 (PTI) The IMF today said a combination of weak banks and corporates leaves India vulnerable to a tightening in the global financial conditions, as it pressed for more steps to ensure good capitalisation in public sector banks.

A recent study, according to International Monetary Fund Financial Counsellor Tobias Adrian, showed that Indian banking sector was vulnerable given that large segments have low profitability and have large problem loans.

"We also found that Indian corporate remains highly leveraged and at high risks. So the combination of weak banks and weak corporates leaves India vulnerable to a tightening in global financial conditions," Adrian told reporters here.

Gross non-performing assets (NPA) of the public sector banks rose to Rs 6.41 lakh crore at the end of March 2017 as against Rs 5.02 lakh crore a year ago, according to a Finance Ministry data.

He welcomed the measures taken to address the problems of the banks, but said, "more needs to be done to ensure that there is good capitalisation in public sector banks and also to implement further public-sector banking reform.


Maldives leader seeks approval to extend state of emergency
Imran Khan ties knot for third time, confirms party
Lanka Army enlists 11 former LTTE members
All 65 passengers, crew feared dead in Iranian plane crash
Saudi women to start own business without male permission
Indian-Origin Officer Neil Basu In The Running For Scotland Yard Anti-Terror Chief
Pakistan minor's killer gets four death sentences
FBI warned about Florida gunman but failed to act
Turkey seeks 18 years jail for German-Turkish journalist
Thailand decorates Myanmar's army chief amid Rohingya crisis
Pakistan claims destroying Indian Army post, killing 5 soldiers
Coach, immigrant, star swimmer: the Florida shooting victims
Cyril Ramaphosa elected as South Africa's president
Indian faces jail, caning for bid to kill student nurse
2 Indians sentenced for smuggling fake cigarettes into US
South Africa's Jacob Zuma resigns as president
17 killed in Florida school shooting by former student: sheriff
Sharif says his opponents would fail to punish him
Afghan officials and Taliban talk despite wave of violence
Trump lawyer says he paid porn actress out of his own pocket
ENTERTAINMENT NEWS
New poster of Irrfan Khan Starrer 'Blackmail released
 (Feb 17, 2018): After receiving an incredible response on the teaser of the film, the makers  
Justin Bieber to take part in NBA celebrity game
Trailer of 'Pari' out !
Filmmaker Sajid Nadiadwala gets honoured by Italian Consulate
KERALA NEWS
Private bus strike: KSRTC emerges winner, collects crores
 (Thiruvananthapuram, Feb 17, 2018, DG): KSRTC buses have brought in record collection as the
Policeman found hanging
Shuhaib's murder: Six in police custody
Cracker factory accident at Pathanamthitta: 2 dead
NATIONAL NEWS
Viral song row: Priya Prakash Varrier moves SC seeking stay on FIR
 (NEW DELHI, Feb 19, 2018):Malayalam actor Priya Prakash Varrier along with director Omar Lulu
What happened to 'Na khaunga, na khane dunga'? Rahul Gandhi to PM Modi
Supreme Court will hear petition seeking Aadhaar-based elections in March
Guj dalit death: Rallies held, Mevani detained
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