Today's Sector News – 14.05.2019
* AVIATION: The government plans to raise up to 100 bln rupees by selling subsidiaries and other assets of Air India to repay part of the company's 290-bln-rupee debt.
* BANKING: The Reserve Bank of India has informally indicated its intent to steer the banking system to surplus liquidity conditions in a bid to provide a much-needed fillip to economic growth and to ease short-term interest rates.
* INFRASTRUCTURE: Infrastructure Leasing & Financial Services has agreed to return under-construction road projects to the National Highways Authority of India for fresh bidding.
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* BANKING: The Reserve Bank of India has informally indicated its intent to steer the banking system to surplus liquidity conditions in a bid to provide a much-needed fillip to economic growth and to ease short-term interest rates.
* INFRASTRUCTURE: Infrastructure Leasing & Financial Services has agreed to return under-construction road projects to the National Highways Authority of India for fresh bidding.
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