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Deposits used to be safer than loans for banks. Now they are spooking lenders

Mumbai, Sept. 16 -- Not too long ago, Indian banks were scrambling to shore up deposits to fuel credit growth. Now, they are more willing to advance loans despite the inherent risk of default than com... Read More


MTNL debt resolution expected in four months, says PNB chief executive Chandra

Mumbai, Aug. 1 -- State-owned telecom operator Mahanagar Telephone Nigam Ltd's (MTNL) debt resolution is expected in the next three-four months, a top official of one of its lenders said on Thursday. ... Read More