Draghi Says ECB is Ready to Buy Government Bonds

European Central Bank President Mario Draghi said the bank is ready to start buying government bonds as soon as the necessary conditions are fulfilled, putting the onus on Spain to decide whether it wants a bailout.

ICICI Bank Bad Debt Ratio Rose to 8%
08:11 - ICICI Bank Ltd., India's second-largest non-state lender by loans, posted a decline in quarterly earnings as bad-loan ratio stayed high and non-interest income growth slowed. Bloomberg's Anto Antony reports on "Bloomberg Markets." (Source: Bloomberg)
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