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Monday, January 27, 2020

Indian banking sector is stressed, but govt in no position to bail it out: Abhijit Banerjee

Answering to a question - how will economic policies work if people have a lack of trust in the data, he said the government “should worry about this issue” as foreign investors are getting “nervous”. 

from The Financial ExpressBanking & Finance – The Financial Express https://ift.tt/37veq2F
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Sunday, January 26, 2020

Q3 Comment | Why Bank of Baroda Q3 performance suggests more pain ahead

Sharp rise in slippages, steep divergence and weak core performance are a cause for worry

from Business Line - Money & Banking https://ift.tt/2tPfIH6
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Banking sector is stressed, govt in no position to bail it out: Abhijit Banerjee

The author of "Good Economics for Hard Times" added that the slowdown in the economy will also adversely impact poverty alleviation in the country as urban and rural sectors are interdependent.

from Banking/Finance-Industry-Economic Times https://ift.tt/2tI9xow
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Cut in GST, sops for home insurance are needed to extend reach

In view of the importance of insurance, the government can look at reduction in GST across insurance products. Currently, applicable GST rate for a m

from Business Line - Money & Banking https://ift.tt/2Grjfhu
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Policy push a must to boost social security

And this needs an enabling framework to give the aam aadmi life, health cover

from Business Line - Money & Banking https://ift.tt/2uC9pHe
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