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IL&FS case: Reserve Bank, NCLAT spat comes to the fore
The NCLAT said the RBI cannot restrict it from prohibiting banks from 'asset classfication' and observed that any...
Govt all set to introduce Rs 20 coins
The face of the new Rs 20 coin shall bear the 'Lion Capitol of Ashoka Pillar' with 'Satyameva Jayate' inscribed below.
RBI slaps Rs 1 cr fine on Yes Bank
"The Reserve Bank of India... has levied an aggregate penalty of Rs 10 million (Rs 1 crore) on the bank for...
Overburdened by debt? This company may be of help
'There have been many cases where clients have indicated that they feel suicidal as they feel they have no other...
Why is Uday Kotak being singled out for his bank's success?
'I find the RBI edict to the Kotak Mahindra Bank to reduce Uday Kotak's shareholding very unreasonable,' says Sudhir...
The mighty fall of India's business czars
Who is to take their place? Will a new generation of entrepreneurs start up with better business sense, or at least...
IL&FS and Rs 13,000-cr worth of fishy deals
The report has identified 29 instances where it appears that the loans disbursed to borrowers were in turn utilised...
Jan Dhan Yojana powers Modi Sarkar's financial inclusion drive
There were concerns that simply opening a bank account wouldn't constitute meaningful financial inclusion, as the...
IL&FS board charges former directors of money laundering
They have also been accused of extending loans for criminal intent of falsification of repayment by a number of...
RBI removes 3 more banks from PCA framework
After removing three PSBs - BoI, Mahabank and OBC from the framework, RBI, on Tuesday, took out three commercial...
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