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Several economic developments and supportive government policies, including the macroeconomic strength of the country have resulted in the development of production, processing, distribution and marketing of F&B in India
Strong common equity tier (CET) 1 was a key reason why Indian banks were shielded from the global financial crisis of 2008.
Strategic ideation both from a ‘family’ and ‘business’ perspective may prove to be the catalyst in achieving objectives and complying with tax requirements
Financial institutions that have lower coverage ratios under the existing guidelines would be significantly impacted
Sophisticated products and participation from international institutions will necessitate a holistic quantification of risk and diligent oversight
While Budget 2017 seems to be well thought through and has addressed almost all sectors, it will be interesting to witness its far reaching impact on the projected sluggish industrial growth and whether it propels Corporate India to Spring Forward