High levels of non-performing loans and hidden debt impair access to credit, and "disproportionately" reduce access to finance for low-income households and small businesses, the report noted.
Mumbai: Current account deficit, which narrowed to 1.7 per cent of GDP in FY14, is likely to rise to 2.1-2.5 per cent this fiscal on higher imports of gold and other items as the economy
Seoul, Jul 15: This time of year always brings European clubs to Asia, building their brand and meeting local fans, but on current trends they may soon become worried that future visits will lead to
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