The company raised 8.3 billion rupees ($128 million) via an initial public offering last week
Finance minister Arun Jaitley is addressing reporters on the World Bank report.
The BSE Sensex edged lower on Tuesday as investors booked profits in recent gainers
The poll was taken on Oct. 12-24, closing just before India announced a $32.43 billion plan to recapitalise state banks, a bid to tackle a major drag on the economy.
The $2 billion offering, announced by the finance ministry, is a drop in the bucket for China, which has sold 2.4 trillion yuan ($366 billion) of central government debt this year, according to Bloomberg News.
WPI was at a four-month high of 3.24% in August
A review of Reserve Bank of India (RBI) data obtained through right-to-information requests shows banks’ total stressed loans, including non-performing and restructured or rolled over loans, rose 4.5 per cent in the six months to end-June. In the previous six months, they had risen 5.8 per cent
The bank blamed demonetisation and GST
Small & medium traders, those with annual turnovers of less than Rs 1.5 crore, were earlier expected to file monthly returns