Top headlines: States to borrow Rs 2.35 trn, Ladakh situation 'serious'

Banks must shed their extreme risk aversion but focus more on risk management and quality of decision making to remain resilient in a challenging financial environment, RBI Governor Shaktikanta Das said in his keynote address at the virtual Business Standard conclave Unlock BFSI 2.0. “Remaining overly risk-averse is like self-immunisation but will be self-defeating in a changing environment,” the governor said, adding that “risk aversion is something that banks must deal with.” Read more

Market borrowing or RBI: States get two options as GST collection falls

The Centre on Thursday asked