As much as 80 per cent of global flows of merchandise -- worth about $9 trillion -- is financed by some form of credit, guarantee or insurance, according to a global survey
While 2018 was marked by scams, regulatory crackdowns and the RBI-Centre spat, the likelihood of some PSU banks coming out of the PCA framework could boost credit growth in 2019
The most pressing issue facing the financial sector is the rising stock of non-performing assets in the banking system
The task force has recommended an initial budget of about Rs 100 crore to operationalise the FRA