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SB NAYAR HEAD
With US Fed sticking to status quo, market expects Raghuram Rajan to go for a rate cutAbout 86 per cent of traders and economists said Raghuram Rajan will lower the benchmark repo rate by 25 bps to 7 per cent to push industri...- Government panel moots breather for banks on stuck projectsInvestment worth as much as Rs 5 lakh crore is stuck in power projects due to various reasons including raw material shortages.
- Panel set up to look into power sector woesThe finance ministry has set up a committee to look into the woes of the power sector which will give its report within the next two weeks.
- Finance Ministry forms bankers' panel to make power projects goingBanks take a hit if projects financed by them fail to generate cash flow after the announced date of completion and face rising bad loans.
- Government mulls panel to resurrect big infra projectsThe committee is proposed to be headed by SB Nayar and will consider infrastructure projects of above RS. 2,500 crore.
- Prime Minister's Office rejects Deepak Bagla for IIFCL top postThe Prime Minister's Office has rejected the candidacy of Deepak Bagla for the post of chairman of India Infrastructure Finance Company.
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