For a good project, banks are willing to lend and there's no shortage. It doesn't matter if the project is infrastructure or refinery, banks are not shy of lending. It's not my money that I am lending, it is your money that I am lending', said HDFC Bank's top boss Aditya Puri. He was speaking at ET CEO Roundtable.
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For a good project, banks are willing to lend and there's no shortage. It doesn't matter if the project is infrastructure or refinery, banks are not shy of lending. It's not my money that I am lending, it is your money that I am lending', said HDFC Bank's top boss Aditya Puri. He was speaking at ET CEO Roundtable.
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Speaking at the ET CEO Roundtable in New Delhi Wednesday, Union Minister Nitin Gadkari said the government was investor-friendly, but insisted that there ought to be far better cooperation and communication between banks, contractors and the government. The minister said bankers need to act quickly while the government should encourage them to take decisions without fear. He called for stern action against mala fide actions. Listen-in. (Text: ET Bureau)
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In the run-up to Lok Sabha polls 2019, Congress president Rahul Gandhi announced 20% of families belonging to the weakest category would be given Rs 72,000 each annually as minimum income if his party comes to power. Is the scheme fiscally tenable or will it lead to fiscal ruin? TK Arun from The Economic Times explains
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In ET CEO Roundtable discussion, Deloitte CEO N Venkatram said more women in the workforce will foster growth and India is still lagging behind in it. 'I believe we should not just rely on larger cos to give us jobs. The jobs will come from middle and small sector,' Deloitte CEO added.
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Automation in manufacturing is reducing the jobs from the sector, said Nandan Nilekani of Infosys. Nandan said broad-based growth will happen due to the mega trends of financialisation, formalisation and technology.
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Speaking at the ET CEO Roundtable in New Delhi Wednesday, Union Minister Nitin Gadkari said he held the judiciary in high esteem but added that court orders had delayed projects, which led to contractors claiming thousands of crores from the government in compensation. Listen-in. (Text: ET Bureau)
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