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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.


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'Candidate Putin' makes first appearance at annual press conference
China, S Korea leaders to discuss N. Korea nukes
Lanka becomes 163rd nation to accede to landmine ban treaty
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East Jerusalem is Palestine’s capital: OIC
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Putin, on visit, orders Russian forces to start pulling out of Syria
Netanyahu says he expects Europe to follow US on Jerusalem
Mallya's defence questions impartiality of Indian judicial
Trump reportedly drinks 12 cans of Diet Coke and watches up to 8 hours of TV per day
ISIS still not defeated, British PM Theresa May warns Iraq
Left alliance wins 40 seats in Nepal polls
Iraq declares final victory over Islamic State
ENTERTAINMENT NEWS
Stop trolling her, says Kangana Ranaut
 (Mumbai, Dec 14, 2017): Slamming the trolling of "Dangal" actor Zaira Wasim after she alleged  
Ed Sheeran to release Perfect featuring Andrea Bocelli
Superstar Rajini turns 67, wishes pour in
Trailer of horror flick '1921' out
KERALA NEWS
LDF govt is honoured: Pinarayi Vijayan
 (Thiruvananthapuram, Dec 14, 2017, DG): The LDF government feels honoured today, Chief Minist
Rahul consoles fishermen at Poonthura and Vizhijam
Unni to produce more evidence in threatening case
Judges are spineless: Advocate Aloor
NATIONAL NEWS
Exit polls give BJP clear majority in Gujarat
 (New Delhi, Dec 14, 2017):Exit polls today predicted a victory for the ruling BJP in Gujarat,
PM Modi dedicates INS Kalvari to nation
Actor-writer Neeraj Vora dies at 54
EC acting like BJP's puppet, PM's 'roadshow' violation of code: Congress
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