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Textile companies show poor results 03 May 2012
The Ministry of Finance constituted a Committee under the Chairmanship of M. D. Mallya, Chairman Bank of Baroda for examining the textile restructuring proposals. The Committee identified a sizable exposure of banks to the textiles sector of Rs. 146885 crores....
Keywords: Confederation of Indian Textiles Industry, slowdown, slowdown, Panabaaka Lakshmi
Read MoreRBI asks banks to improve NPA management 30 March 2012
The country's largest lender SBI had reported record gross NPAs in Q3 at Rs 40,080 crore and saw an 87.5% spike in its provisioning. But private lenders are better off. The total NPAs in the system are set to top...
Keywords: captive customer base, textile companies, textile companies, captive customer base
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