Spreading debt woes have fueled talk that the NBFC crisis is entering a second, more dangerous, phase, posing broader risks to Indian financial system.
The largest number of victims of identity-based abuse in India are Muslims. In this case, the abuse comes from people at the top, and nobody is willing to do anything about it.
After launching Bharat Taxi, the ministry explores offering insurance products across cooperative banks via IFFCO-Tokio with cooperative banks as corporate agents.
It is estimated the deal would eventually work out to cost around $9 bn at least for 6 submarines—negotiated down by India. Original bid by state-run MDL & TKMS was over Rs 1.2 lakh cr.
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