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Rupee surges 18 paise to 73.07 against the US dollar in early trade

Rupee inches 5 paise higher to 72.88 against US dollar in early trade

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Lenders 'can't be asleep', must suffer compensation cut for bad loans: CEA

Ever-greening and zombie loans lead to sub-optimal capital allocation, says Chief Economic Advisor.

Chief Economic Advisor | Banking sector | Indian Banks

Shrimi Choudhary  |  New Delhi 

Chief Economic Advisor  K V Subramanian
Chief Economic Advisor K V Subramanian

Senior management of lenders and financial institutions must suffer a be cut in their compensation for crony lending and ever-greening of loans, said the government’s K V Subramanian on Tuesday.



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First Published: Tue, March 09 2021. 14:42 IST