NPAs of banks, FIs over Rs 80,000 cr
Inspite of the best efforts of the finance ministry to reduce the amount of non performing assets (NPAs) of the banks and financial institutions, the NPAs have touched a whopping figure of around Rs 80,000 crore.



Foreign banks stop power funding
Leading foreign banks including Citibank, Bank of America, CS First Boston, ABN Amro, HSBC, ANZ, amongst others, have expressed their inability to fund mega power projects in the absence of termination guarantees from the government.



Jalan hopeful of 8 per cent GDP growth
One may be looking at a scaled down GDP growth rate of 6 per cent plus a lower business confidence figure at 98.8, but Reserve Bank of India governor Dr Bimal Jalan remains unfazed and is of the view that the economy can still grow at 8% in the medium-term.



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