 "Jerome Powell")
According to the first edit, the global situation would not be supportive in the foreseeable future, and would affect economic outcomes in India. Policy calculations and market expectations must be adjusted to this underlying reality, in view of the US Fed’s position. The second edit says the new norms for credit-rating agencies will improve transparency.
Tamal Bandyopadhyay: Treasury losses have pulled down the profits of many banks but the good story is the continuous improvement in the quality of assets and arrest of fresh slippages.
