Finance Minister Nirmala Sitharaman reviewed the performance of banks on Monday in New Delhi in a meeting with the top management of Public Sector Banks, HDFC Bank, ICICI Bank, Axis Bank, Kotak Mahindra Bank and Citi Bank. RBI Deputy Governor N. S. Vishwanathan also participated in the review.
Finance Minister Nirmala Sitharaman has geared up to battle an ongoing slowdown of the Indian economy. In the first step to achieve that, the minister held a credit growth review meeting with PSU bank chiefs on Monday, to review growth of credit in sectors like retail, housing, auto, quasi-banks and MSME loans.
Small businesses still suffer overheads on account of GST compliance
TOKYO, Aug 5 (Reuters) - Japanese shares tumbled on Monday, as investors grew nervous about a prolonged US-China trade war, with a rapidly strengthening yen dragging down exporters like Panasonic and Daikin.
Iran’s exports to the neighboring country Iraq have been on the decline since the last Iranian month (June 22-July 22), says secretary-general of Iran-Iraq Chamber of Commerce.
Mumbai (Maharashtra) [India] August 05(ANI/BusinessWire India): Dr K V Srinivasan, Chairman, The Cotton Textile Export Promotion Council (TEXPROCIL) in a statement today stated that exports Cotton Yarn from India in the first quarter of April-June 2019 have fallen by a steep 33 per cent.