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May 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.


Venezuelan Prez Nicolas Maduro wins re-election
Hirokazu Kore-eda's 'Shoplifters' wins Palme d'Or at Cannes
Cuba: 110 died in plane crash, 3 survivors 'critical'
The Royal Wedding: Prince Harry, Meghan Markle declared husband and wife
8 killed in explosions at Afghanistan stadium
Passenger plane with at least 104 on board crashes in Cuba: state media
Trump offers Kim no toppling pledge for giving up nukes
Royal wedding: Prince Charles to walk Meghan down aisle
Malaysian Police raid former PM Najib Razak's residences
LHC rejects petition asking treason case against Nawaz Sharif
Melania Trump undergoes surgery for 'benign kidney condition'
Chinese hail 'hero' pilot who landed with broken cockpit window
US opens Jerusalem embassy amid death of 52 protesters
Chinese double amputee finally summits Everest, decades after first bid
Pakistan prevents US diplomat from leaving country
Philippine chief justice Sereno, Duterte's critic, removed
PM Modi, KP Oli Jointly Inaugurate Janakpur-Ayodhya Direct Bus Service
US Embassy in Jerusalem to open with initial staff of 50
Sri Lanka vows to quicken corruption trials with new courts
At least 41 killed as dam bursts in Kenya, officials say
ENTERTAINMENT NEWS
I am a big flop actor: Karan Johar
 (Mumbai, May 5, 2018): Filmmaker Karan Johar is in mood to take up full-fledged acting jobs.  
Bittersweet moment for us: Akshaye on Vinod Khanna's Dadasaheb Phalke honour
Happy Sonam is getting married, Anand a great guy: Harshvardhan Kapoor
Auctioning 'Rustom' costume for good cause: Akshay Kumar
KERALA NEWS
Kerala among 13 states on thunderstorm alert
 (New Delhi, May 7, 2018): Thunderstorms accompanied by squall, hail and heavy rains are likel
Kerala Karshaka Jadha Opens to a Great Beginning / Video
Malappuram press club attack: RSS workers nabbed
Workers injured in mudslide at construction site
NATIONAL NEWS
Plea In Supreme Court Seeks Review Of Verdict In Judge Loya Death Case
 (New Delhi, May 21, 2018):A petition has been filed in the Supreme Court seeking review of it
BJP now down to 272 Lok Sabha seats from 2014 tally of 282
Modalities of Government Formation in Karnataka Finalised, Says HD Kumaraswamy
Yeddyurappa sworn in as Karnataka chief minister
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