A change of stance on PSU banks
The transition to IFRS, which Indian banks are required to comply with starting 1 April 2018, is also likely to front-load loan losses for banksNeelkanth Mishra | Last Updated at October 2, 2017 23:17 IST (This was published in the Business Standard: link) Until recent months, most policymakers seemed to be convinced that PSU banks … Read more