For banks, the package will limit the burden of provisioning for stressed loans. Besides, the proposed restructuring package for MSMEs with a credit of up to Rs 25 crore is expected to provide a breather to units from this sector.
During his maiden visit to India, the 41-year-old, nose ring-sporting Dorsey wants "to experience everything", according to a tweet he posted on November 10, but mainly reach out to all political parties and meet government officials -- at the Centre and in states -- as well as senior police officer and civic body officials, so that he can assist in delivering governance through Twitter. This will also help the social media giant chalk out its next stage of expansion.
If a name does not unify the three, there could be continued clash of identities, which could splinter the brand even before it takes shape, say Abhijit Lele and Nikhat Hetavkar.
'As a seasoned politician I know how to talk and understand the opinion and sentiments (of other political leaders).'
Governments that did not respect the central bank's independence would sooner or later incur the wrath of financial markets, ignite economic fire, and come to rue the day they undermined the regulatory institution, Deputy Governor Viral Acharya warned.
The problem for the NBFC sector is the funding inertia by banks and not lack of funds.
The current episode highlights the structural vulnerabilities in the liquidity management practices of Indian NBFIs
PSB executives said loans to group holding company IL&FS and entities might still be treated as "standard".
The micro-blogging platform hopes its new emphasis on governance would help differentiate it from Facebook and Instagram.
The party will launch its 'Sevagram Se Sangram' likening its fight against Modi-led government to the freedom struggle against the British.
The IL&FS group has a complicated structure, with the holding company owning stakes in its financial services arm as well as the subsidiaries that operate its infrastructure assets.
Alvarez & Marsal will develop a detailed restructuring plan for the group to demonstrate to shareholders and lenders that it was self-sufficient in repaying its liabilities. So far, the IL&FS management had been working on its revival plan.
Senior Congress leaders say Sharad Pawar's 'clean chit' to Modi in the Rafale deal is the most recent example of regional parties succumbing to pressure. The Congress is also convinced that Mayawati is being arm-twisted.
Caste assertions, including from the upper castes, could have the Sangh Parivar stumble yet again in its efforts to construct a Hindu rashtra.
Vijaya Bank assured employees that the service conditions 'will remain unaffected and staff benefits retained'
The RBI has cited corporate governance and regulatory issues for not extending Kapoor's term. Further, the lender has been directed to search for a successor.
The Congress's new treasurer Ahmed Patel has been meeting industrialists and businessmen. He met one of the biggest industrialists of the country last week, but the assurance of any significant donation was half-hearted from the other end. Business houses aren't exactly queuing up to offer donations, reports Archis Mohan.
The party says it has trained over 1,00,000 workers in the last one year.
NITI Aayog's Rajiv Kumar accused former prime minister Manmohan Singh and senior Congress leader P Chidambaram of creating a 'false narrative'
The recommendation, if implemented, is likely to face opposition from the government's key support base among Hindu traders and businesspersons.