Banks at a loss

Piling up non-performing assets serve as a lesson for banks to do social and environmental impact assessments of projects more rigorously

New backwardness index to determine funds allocation to states

Raghuram Rajan panel suggests composite development index for judging backwardness. Bihar and Uttar Pradesh recommended highest allocations; will …

New index for measuring backwardness of states soon

Composite development index to include criteria such as health and literacy, which are not included in the present backwardness indicators