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NPLs impacting capital adequacy of banking sector: ICCB

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Commerce Reporter
International Chamber of Commerce, Bangladesh (ICCB) President Mahbubur Rahman has said non-performing loans (NPL) are impacting capital adequacy of the banking sector.
He noted that the capital adequacy ratio (CAR) of banks, as of June, stood at 10 percent, down from 10.11 percent a quarter earlier.
The ICCB leader said capital adequacy is the primary indicator of the banks' financial fitness and stability. "Banks are required to keep at least 11.81% capital adequacy ratio...

India signs $5 billion deal for Russian air defense systems

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New Delhi, Oct 06 (AP) - India signed a $5 billion deal to buy five Russian S-400 air defense systems on Friday despite a looming threat of U.S. sanctions on countries that trade with Russia's defense and intelligence sectors.
The deal was signed in New Delhi during a visit by Russian President...

How NAFTA 2.0 will shake up business as usual

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Washington, Oct 2 (AP)- American dairy farmers get more access to the Canadian market. U.S. drug com-panies can fend off generic competition for a few more years. Automakers are under pressure to build more cars where workers earn decent wages.
The North American trade agreement hammered out late...

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