A large corporate has most likely bought approximately 50 billion rupees of the benchmark paper through a private sector bank, traders said
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The RBI's condition was outlined in its 17 November letter, approving the appointment of five Hinduja Group representatives as directors on Reliance Capital's board
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In response to the UCO Bank's recent technical glitch resulting in an erroneous credit of Rs 820 crore, the finance ministry advises state-owned banks to conduct thorough reviews and fortify cybersecurity measures against potential cyber threats
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The bank's asset quality exhibited positive trends, with gross non-performing assets (GNPA) at 2.64 per cent, a significant improvement from the 8.11 percent reported in the corresponding quarter of the previous year
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Additionally, the review may involve examining the clawback of payouts to chief executive officers and key management personnel (KMP)
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Sectoral category leads with 13 launches, followed by 12 ETFs. It collected Rs 5,725 crore, with multi-asset allocation funds at Rs 4,791 crore, multi-cap funds at Rs 3,277 crore, and liquid funds at Rs 3,083 crore
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SBI Card expects around a 4 per cent reduction in capital adequacy due to the regulatory changes, emphasising its well-capitalised position
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Born in Nagercoil, Travancore, Venkitaramanan served as the RBI Governor from 22 December 1990 to 21 December 1992, a period marked by a severe payments crisis in the country
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