The government is not considering adding new sectors to the PLI scheme, which aims to boost manufacturing and exports. Current focus includes electronics, pharmaceuticals, and textiles, with significant progress in mobile phone exports and job creation. Efforts are ongoing to address challenges in the gems and jewellery sector.
What does the recent 10% drop in BoB’s stock signal for investors?
The credit cost increased amid a higher slippage ratio owing to the micro, small, and medium enterprises (MSME) segment. The gross nonperforming asset (NPA) ratio