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Why Are Bankers SMILING At Last?
Finance Minister Nirmala Sitharaman's Rs 30,600 crore government guarantee for the bad bank has changed the body language of bankers for the better, observes Tamal Bandyopadhyay. IMAGE: Finance......
3 factors that will dictate markets this week
Markets this week would be guided by the ongoing quarterly earnings, macroeconomic data announcement and global trends, analysts said. Illustration: Dominic Xavier/Rediff.com The government......
LIC's exposure to default debt instruments tops Rs 20,000 crore
The exposure, which is for the period ended September 2019, is across various platforms such as life funds, pension funds, and unit-linked funds. Life Insurance Corporation (LIC) has an exposure......
NCLAT orders liquidation of Amtek Auto
Amtek Auto was among the first list of 12 companies which were referred by the RBI in 2017 to respective banks for initiation of insolvency process for defaults. The National Company Law Appellate......
MDs on 'forced' leave, but its business as usual for ICRA and Care Ratings
The reason for both the officials being sent on leave is the same - an anonymous complaint received by the market regulator against the agency. Illustration: Dominic Xavier/Rediff.com In little......
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