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Ordnance Factory Board To Be Split Into 7 Entities For Defence Manufacturing
The government approved a long-pending proposal to restructure the nearly 200-year-old Ordnance Factory Board that operates 41 ammunition and defence equipment production facilities into 7 separate corporate entities.
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RBI’s Cap On Large Exposure Good For Banks’ Risk Management, Bad for Credit Growth
As a result of the new guidelines, large corporates would themselves would be discouraged from approaching banks for incremental lending, India Ratings says.
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Ordnance Factory Board To Be Split Into 7 Entities For Defence Manufacturing
The government approved a long-pending proposal to restructure the nearly 200-year-old Ordnance Factory Board that operates 41 ammunition and defence equipment production facilities into 7 separate corporate entities.
-
RBI’s Cap On Large Exposure Good For Banks’ Risk Management, Bad for Credit Growth
As a result of the new guidelines, large corporates would themselves would be discouraged from approaching banks for incremental lending, India Ratings says.
