Fin. Min. asks PSBs to evaluate Board performance

The Finance Ministry has directed public sector banks (PSBs) to undertake a third-party evaluation of their Boards’ performance, in the wake of instances of misgovernance at the helm of a few lenders that also raise questions about the scrutiny exercised by their Boards, a senior Government official told Business Standard. “Since a couple of governance issues […]

Continue Reading

India stands to lose $5 billion of exports to Vietnam in no US trade deal scenario

The total US trade in these 161 items is valued at $22 billion, Vietnam could realistically pose a competitive threat in just $5.4 billion worth of trade. India risks losing up to $5 billion in exports to Vietnam if it fails to strike a trade deal at a lower tariff with the United States, according […]

Continue Reading