Prompt Corrective Action Framework

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CBI @ 50: PM vows to protect its legality

Prime Minister Manmohan Singh lauded the Central Bureau of Investigation as it completed 50 years during an address to senior officers at the at international conference on ‘Evolving common......

Gujarat genocide: The State, law and subversion

The Gujarat genocide in 2002, resulting in the killing of nearly 1500 innocent citizens, mostly from India's major minority community, and the subsequent pervasive subversion of governmental......

US-India ties: The year of the drift

'The current period of implementation and consolidation will put the relationship on an even sounder footing when the leaders in both capitals determine it is time to quicken the pace,' US experts......

Naxals are our own people, says PM

The full text of the prime minister's motion of thanks to the President's address.Madam Speaker, I join all Members of Parliament in expressing our grateful regards and thanks to the honourable......

RBI brings Bank of India under corrective action

The RBI has initiated a 'prompt corrective action' against Bank of India for mounting bad loans, placing various restrictions on it including issuing of fresh loans and dividend distribution, BoI......

RBI flags concentration risk among govt-NBFCs, all tied to power sector

The top 50 exposures, amounting to Rs 7.8 trillion, of government-registered non-banking financial companies (G-NBFCs) constitute about 40 per cent of corporate credit within the NBFC sector,......

PSU banks likely to get capital support in Q4

The government is likely to pump capital in public sector banks during the last quarter of the current financial year to meet the regulatory requirements. The government in the Budget 2021-22 has......

Markets start FY22 on a high; Sensex reclaims 50,000

IndusInd Bank, Kotak Bank, ICICI Bank, Sun Pharma, Bajaj Finance and Ultratech Cement were prominent gainers. NSE Nifty rose 176.65 points to 14,867.35. Indian equities started the new fiscal on a......

Govt to infuse Rs 14,500 crore in 4 banks, issue recapitalisation bonds

Zero-coupon bonds don’t give out interest but are issued at a deep discount to the face value, making it difficult to ascertain the net present value. Illustration: Uttam Ghosh/Rediff.com......

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Prompt Corrective Action Framework

News for Prompt Corrective Action Framework

CBI @ 50: PM vows to protect its legality

Gujarat genocide: The State, law and subversion

US-India ties: The year of the drift

Naxals are our own people, says PM

RBI brings Bank of India under corrective action

RBI flags concentration risk among govt-NBFCs, all tied to power sector

PSU banks likely to get capital support in Q4

Markets start FY22 on a high; Sensex reclaims 50,000

Govt to infuse Rs 14,500 crore in 4 banks, issue recapitalisation bonds

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