Moving from pricing control to a free market means stiff competition.
Lenders can now review a borrower account within 30 days of default. Earlier, the banks had to start resolution within one day of default.
It is significant that the matter has not been listed before the judges who are number two to five in the seniority.
In a landmark verdict, the Supreme Court on Friday held that citizens have right to cast negative vote rejecting all candidates contesting polls, a decision which would encourage people not satisfied with contestants to turn up for voting.
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