Steeply falling revenue risks fiscal parameters, warns RBI

The RBI has held falling government revenue as the prime reason for a poor fiscal figure. This along with weaker private consumption and investment has weakened the economy, however the nation's financial system remains resilient with the asset quality of banks improving (NPAs remaining stable at 9.3 per cent as of September as same as March 2019)

from Economy-News-Economic Times https://ift.tt/2Svnznb