Bankers and insurers cheer verdict, see push for reforms

The domestic banking and insurance industry has cheered the clear cut political mandate to United Progressive Alliance(UPA) at such a crucial time and hope policy measures will be taken to ensure reforms ahead to push economic growth. Chanda Kochchar said, I am very happy that the country will have a stable government, invariably propelling the growth of the economy. However, it is too early to comment at this juncture on government s proposed actions on certain pending reform bills. KC Chakrabarty, chairman and managing director, Punjab National Bank (PNB) said the people in the country have given their mandate for a ...

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