ABU DHABI/WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message …
Read More »Jaitley’s tax-cheat amnesty may help repair Indian banks
New Delhi / Bloomberg It’s not just taxpayers who will make Indian banks whole. Tax cheats are being pressed into service as well. State-run Indian lenders are gasping for breath, as the central bank forces them to recognize bad loans and make provisions. The 250 billion rupees ($3.7 billion) in fresh capital that Finance Minister Arun Jaitley has pledged to …
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