Friday, 19 February 2016

ECONOMIC NEWS 19/02/2016

: India Feb 12 forex reserves $351.83 bn, up $18.66 bn on year.

Combined Gross NPAs for 39 PSUs & Private sector banks rose from 4.4% in Q4fy15 to 8.1% at the end of Q3fy16.

Honda to recall 57.6K units of City, Jazz, Civic models in India manufactured between January 2012-June 2013 to replace faulty airbags

Four banks plan to sell Kingfisher Airlines' assets to ARCs(Name of Banks not disclosed)

raises Rs 3,000 cr from bonds to fund business growth

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