Today's Sector News – 28.01.2019

Today's Sector News – 28.01.2019 


* BANKING: Officials from Indian Banks' Association will meet Reserve Bank of India Deputy Governor N.S. Vishwanathan, seeking deferment of linking retail loan rates to an external benchmark beyond Apr 1. The Reserve Bank of India is weighing a plan to release data that would demonstrate the number of corporates defaulting on bank loans have dipped following the central bank's stern directive on Feb 12 last year, which had rattled large, influential borrowers and irked many within the government.

* MEDIA: The government has increased the advertisement rates offered by Bureau of Outreach and
Communication for private television channels by about 11%.

* POWER: The Gujarat government has cancelled an auction held in December to set up solar power units of 700 MW capacity overall as tariffs quoted were too high. 

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