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IMF: Weak banks, corporates leave India vulnerable

| | WASHINGTON

The IMF on Wednesday 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 IMF  Financial Counsellor Tobias Adrian, showed that Indian banking sector was vulnerable given that large segments have low profitability and have large problem loans.

 
 
 
 
 

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Uniquely Christmas

17 Dec 2017 | SUNDAY PIONEER

Traditional Christmas is best ushered under the snow with families snuggling up on the dinner table. But there are some different mores across the world too...

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‚ÄėUniversities need to take fresh look at curricula‚Äô

17 Dec 2017 | PNS | Dehradun

The universities need to take a fresh look at their curricula as well as pedagogy while promoting research works, suggested the Governor Krishan Kant Paul while addressing scholars and faculty members during the convocation ceremony of the DIT University here on Saturday. Terming the universities as ‘gloried colleges’ in absence of any research activity, he said that excellence and quality are a must for education...

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