Search Results for: retail lending

rbi-governor-says-fiscal-discipline-key-for-economic-growth

RBI governor says fiscal discipline key for economic growth

New Delhi, May 21 (ANI): RBI governor Raghuram Rajan has reiterated his call for fiscal discipline. Rajan stated that it is essential for the country to achieve sustainable economic growth. Although the comments were part of a broader speech on public sector banks, they come as India's newly elected government led by Narendra Modi is set to face its first credibility test with markets when it delivers a budget by July. Rajan repeated his call while noting that India would not always be able to rely on banks to buy a large portion of its government debt as it usually does. Banks, in turn, raise the funds needed to buy the bonds by attracting deposits from retail investors. May 21, 2014
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Bangladesh academician hopes for middle-income status by 2021

Dhaka, May 19 (ANI): Pinning hope on economic revival, Bangladesh academician Bazlul H. Khondker said on Monday that the country will achieve middle-income status by 2021, even as he expressed concerns over trade concessions. Professor of Economics at Dhaka University, Khondker, said that they were concerned about losing trade concessions rather than low cost lending or investment. May 19, 2014
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