The property in question is located in the Backbay Reclamation Estate in Mumbai's Churchgate area, as indicated in a newspaper advertisement by LIC Housing Finance
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This decision is primarily based on the recent moderation in inflation and tight liquidity conditions that have led to an increase in money market rates
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In a cash-hoarding culture, it has been evidenced that money itself has no commodity value but rather its value emerges based on how it allows credit to originate, get transacted, recorded and settled, writes Shubhranshu Singh
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Srivastava's appointment, effective from 28 September 2023, was announced by the Pune-based bank
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The RBI had initially removed these notes from circulation on 19 May and allowed nearly four months for individuals to deposit or exchange them
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Food inflation stood at 10.06 per cent in August, down from 11.87 per cent in July 2023 and 6.46 per cent in August 2022
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In July, the private bank had successfully raised Rs 959 crore from IFC through a preferential share issuance, as IFC is a member of the World Bank group
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These reforms were introduced as part of an update to ADB's Capital Adequacy Framework (CAF), accompanied by various undisclosed initiatives
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