None of the 34 banks Climate Risk Horizons analysed have assessed the resilience of their portfolios in the face of climate change. Only 2 have committed to stop funding new coal power plants.
The special PMLA court asked ED to file its reply on Chanda Kochhar's bail application, filed in connection with the ICICI Bank-Videocon money laundering case.
The SC bench was hearing Kochhar's appeal against the Bombay HC order which had dismissed her plea and said the matter falls within the realm of private bank and employee.
Solicitor General Tushar Mehta informed the apex court bench that ED won't take this action in pursuance of the ECIR registered in ICICI Bank-Videocon Group case.
The bank's net interest income increased by 16 per cent year-on-year to Rs. 9,366 crore in this year's second quarter from Rs 8,057 crore in last year's second quarter.
Perception that RBI was cutting dollar purchases was accentuated by comment from policy makers that appreciating rupee had helped tackle imported inflation.
Finance ministry says the proposed revamp will focus on structural reforms, rate rationalisation & ease of living, & will be deliberated upon in the coming weeks.
The project is meant to be a ‘protective shield that will keep expanding’, the PM said. It is on the lines of the ‘Golden Dome’ announced by Trump, it is learnt.
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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