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ASSOCHAM calls for urgent fixing of twin balance sheet problem
Updated : 7 years, 10 months ago IST
New Delhi [India], April 29 (ANI): Inability of the banks, reeling under the mammoth problem of non-performing assets (NPA) to lend, coupled with lack of appetite for fresh investment by highly indebted India Inc. has resulted in most of the industry sectors reporting negative growth in depl
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Koinex launches crypto-to-crypto trading
Updated : 7 years, 10 months ago IST
New Delhi [India], April 28 (ANI): Koinex, a digital assets exchange, commenced crypto-crypto trading at zero cost on their web and mobile platforms with the launch of 15 pairs of tokens which will be available for trading right from the start.
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NSE launches e - Gsec platform for bringing retail participation in Govt.
Updated : 7 years, 10 months ago IST
New Delhi [India], Apr 25 (ANI): National Stock Exchange of India (NSE) has announced the launch of its "e - Gsec" platform for facilitating the non-competitive bidding in Government of India Dated Securities (G-Sec) and Treasury Bills (T-Bills). This will allow retail investors to invest i
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Till SC order, RBI makes Aadhaar mandatory for KYC
Updated : 7 years, 11 months ago IST
New Delhi [India], Apr. 21 (ANI): Reserve Bank of India (RBI) has made Aadhaar mandatory for bank accounts till the Supreme Court passes its order on the 12-digit unique identification number.
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Is cash crunch affecting printing machinery biz?
Updated : 7 years, 11 months ago IST
New Delhi [India], Apr. 21 (ANI): When asked about whether the alleged cash crunch in the country is also affecting the printing machinery business, Sangam Khanna from Komori, the company which is among the top two companies worldwide engaged in providing currency printing machines, said tha
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Cash crunch could be superficial, says SBI
Updated : 7 years, 11 months ago IST
New Delhi [India], Apr. 20 (ANI): The State Bank of India (SBI) on Thursday said that the current and sudden surge in Currency in Circulation (CIC) could be superficial.
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Centre rebuffs cash crunch, claims 86% ATMs functional
Updated : 7 years, 11 months ago IST
New Delhi [India], Apr. 19 (ANI): Amid a furore over a reported cash crunch, the Centre on Thursday claimed that around 86 percent ATMs in the country were functional and dispensing cash.
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Cash crunch: MoS Finance rebukes spread of 'misleading' information
Updated : 7 years, 11 months ago IST
New Delhi [India], Apr. 19 (ANI): Amid rising furore over a reported cash crunch in the country, Minister of State (MoS) for Finance Shiv Pratap Shukla on Wednesday refuted the same, saying more than 80 percent of the ATMs in the country have cash.
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Demonetisation's ghost is back to haunt Govt, RBI: Chidambaram on cash cru
Updated : 7 years, 11 months ago IST
New Delhi [India], Apr. 18 (ANI): Former finance minister P. Chidambaram on Wednesday attacked the Centre and the Reserve Bank of India (RBI) over the cash crunch in the country, saying that the "ghost" of demonetisation was back to haunt them.
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Lenders need to be proactive in monitoring borrowers: RBI
Updated : 7 years, 11 months ago IST
Pune (Maharashtra) [India], Apr. 18 (ANI): Amid a recent surge in payment delays and loan defaulting, Reserve Bank of India (RBI) Deputy Governor N.S. Vishawanathan said lenders need to be proactive in monitoring their borrowers and identifying financial stress, using a combination of lea
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Reports of cash shortage defy logic: SBI
Updated : 7 years, 11 months ago IST
New Delhi [India], Apr. 18 (ANI): In the wake of a reported cash crunch in the country, the State Bank of India (SBI) on Wednesday rubbished reports saying they "defy logic".
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CBI arrests promoters, directors of Vadodara company in loan-default case
Updated : 7 years, 11 months ago IST
New Delhi [India], Apr. 18 (ANI): The Central Bureau of Investigation (CBI) on Wednesday arrested the promoters and directors of Diamond Power Infrastructure Ltd, a Vadodara-based firm accused of an alleged loan default.
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