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Monday, February 24, 2020

New norms on anvil for troubled lenders: RBI guv

New laws for resolving troubled financial institutions is on the anvil. RBI governor Shaktikanta Das said the central bank will have an integrated framework for resolution of finance firms. Das also said the banking regulator will soon issue guidelines on corporate governance in banks.

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Economic growth likely to pick up on festive, rural demand: RBI

India's economic growth is expected to improve in the latter half of FY25, driven by festive activity, rural demand, and agricultural gr...