Monday, January 4, 1999
ICAI to aid banks to reduce NPA
In a bid to curb non-performing assets (NPAs) in the banking sector, leading public and private sector banks are working out various modalities with Institute of Chartered Accountants of India (ICAI) to improve internal audit.
Motor premium income on the decline
Insurance companies can expect greater disparity between premium collections and outgo in the motor segment for 1998-99 as compared to the previous years.
No US, EU embargo on Indian garments
An embargo on import of certain types of garments, including shirts and blouses, from India by the United States and European Union has automatically ceased with the start of the new year.
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