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Cag C G Somiah

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Jalan's report names farms eligible for bank license

The Bimal Jalan panel, which scrutinised applications for new bank licences, today submitted its report along with shortlisted entities to the Reserve Bank of India. "We have submitted report (on......

Expert group on new bank licences to hold 1st meeting on Nov 1

A high-level panel chaired by former RBI Governor Bimal Jalan that will scrutinise applications for new bank licences will hold its first meeting on November 1. Other members of the high-level......

Par panel against corporates getting bank licences

A parliamentary panel on Friday opposed the new bank licences to corporate houses and voiced concerns over the discretionary power vested with RBI for applying 'fit and proper' criteria for......

New bank licences to be issued in January: RBI Governor

The Reserve Bank on Wednesday said it plans to issue new bank licences around January, "consistent with the highest standards of transparency and diligence." Raghuram Rajan, who today took charge......

Govt defends AI buying 111 aircraft

Government on Friday defended the acquisition of 111 aircraft by Air India which was severely criticised by the CAG, saying it was a collective decision and all due processes were followed by it......

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