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Source- Business Standard |
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Other Awards Conferred are:
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Source- ANI News |
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To connect the islands with mainstream development, Prime Minister Narendra Modi announced a Lakshwadweep, Andaman & Nicobar industrial development policy. The Prime Minister also released a commemorative stamp, its first-day cover and a Rs-75 coin on this special day. |
Source- Press Information Bureau (PIB) |
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Source: The Business Standard |
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Source- The Economic Times |
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Source: The Economic Times |
Banks have seen a significant improvement in recovery of stressed assets helped by the Insolvency and Bankruptcy Code (IBC) and amendments in the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interests (SARFAESI) Act, during FY18, according to the RBI data. In the fiscal ended March 2018, banks recovered Rs 40,400 crore worth of bad loans as against Rs 38,500 crore recovered in FY17. The various channels through which lenders recovered their bad loans include the Insolvency and Bankruptcy Code (IBC), SARFAESI Act, debt recovery tribunals (DRTs) and Lok Adalats. While banks recovered Rs 4,900 crore of bad loans through the IBC, the amount recovered through SARFAESI was Rs 26,500 crore in FY18, the RBI said in its annual report on Trends and Progress of Banking in 2017-18. |
Source- The Economic Times |
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Source: The Hindu |
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Source: The Hindu |
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Source- BBC News |
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