The administration informed Parliament that concrete actions were taken by the RBI and government-assisted banks in recovering bad loans of more than Rs 8.6 lakh crore over the previous eight fiscal years.
The Appointments Committee of Cabinet (ACC) has approved the appointment of the former Chief Economic Advisor (CEC) Dr. Krishnamurthy Subramaniam to the post of Executive Director (India) at the International Monetary Fund (IMF).
EXAMIANS