The bad bank was registered as the National Asset Reconstruction Company Ltd with Padmakumar Madhavan Nair as the MD. Its paid-up capital is Rs 746 million.
Addressing a webinar on Budget proposals relating to the financial sector Friday, Prime Minister Modi also said that public sector presence in banking and insurance is required.
Centre for Science and Environment in new report makes case for rationalising GST on waste material, saying most informal operators can’t afford high tax & it also hinders recycling.
21st edition of annual joint military exercise will be held from 1 to 16 September, aimed at sharing military tech, operational best practices & disaster relief coordination methods.
Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.
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