Arun Jaitley said

Bank stocks surge up to 9% on NPA resolution push

Bank stocks were in the limelight today, surging by up to 9 percent on the government's decision to put in place a mechanism to effectively deal with the problem of mounting bad loans in the sector.

May 04, 2017, 12:54 PM IST

Cabinet has taken significant decision on banking sector: Jaitley

India`s cabinet has taken significant decisions on the country`s banking sector, Finance Minister Arun Jaitley said, declining to give further details, saying it needed a Presidential accord.

May 04, 2017, 12:52 PM IST