'The new ceiling will cover around 93 per cent of all deposit accounts, up from 90 per cent earlier,' notes Tamal Bandyopadhyay.
The project, the foundation stone for which was laid by Prime Minister Narendra Modi and his Japanese counterpart Shinzo Abe in September 2017, is facing resistance in eight districts of Gujarat, through which the train will run.
Uber is facing sharp criticism from fellow taxi providers for not following strict security norms leading to the rape of a passenger in New Delhi.
Only when the RBI inspection started on September 19 did they realise that their game was up and one of them had sent a letter to the central bank, leading to the RBI crackdown, report Anup Roy and Subrata Panda.
The Nafed has outstanding dues of Rs 224.26 crore (Rs 2.24 billion) as of February 15.
Sahara and its founder Subrata Roy have been under scrutiny for years over its financial products, including for possible money laundering.
India borrows ideas that we don't need, like the FRDI Bill, and ignores the ones we need, like rewarding whistleblowers such as the ones who want to save Bombay Mercantile Bank, says Debashis Basu.
Even Delhi does not have a full-time registrar of chits.
The group needs to rustle up Rs 5,000 crore in cash and an equal amount in bank guarantees for bail.
