Argentina needs ‘substantial’ relief in $70 billion debt talks
By Ritu, Capital Sands Argentina will need “substantial relief” as it restructures nearly $70 billion in debt with international bondholders, the country’s economy minister Martin Guzman told , signaling a tough tonic ahead for the country’s creditors. In his first interview with international media since taking up his role in December, the 37-year-old U.S. trained […]
There was enough time to put together plan for Yes Bank, says Raghuram Rajan
By Administrator_India Capital Sands Former RBI governor Raghuram Rajan on March 11 said there was a lot of time to put together a plan for Yes Bank which had given enough notice about the problems it was facing. Crisis-ridden Yes Bank was put under a moratorium last week, with the RBI capping withdrawals at Rs 50,000 […]