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March 18, 2018

Archives for July 6, 2015

Sunday poll result does not indicate a “rupture” with Europe: Greek Prime Minister Alexis Tsipras

Newsroom24x7 Desk Athens: Voters in Greece, a country bathed by the  Mediterranean  in Europe that has gone into a into a tailspin of debt and and is facing a massive economic crisis, on Sunday overwhelmingly (61%) gave a referendum against the tough bailout terms of international creditors. Greek Prime Minister Alexis Tsipras has taken the

Indian Banks Report Card: Challenges for India’s state bank sector despite improving macro

Newsroom24x7 Desk Mumbai/Singapore: The performance of India’s state bank sector remained challenged in FY15 (to end-March 2015), with continued pressure on asset quality and weak capital, according to Fitch Ratings’ Indian Banks Report Card FY15 published on 6 July. Capital needs are likely to increase substantially each year up until FY19. There are few indications

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