According to sources, Chawla offered to quit as controversy was being generated on his continuance on the Board of Directors following his name appearing in a CBI chargesheet in the Aircel-Maxis case
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The central bank and the government have been at loggerheads in recent weeks as the government ramps up pressure on the regulator to relax lending curbs and hand over surplus reserves
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Provisions for bad loans at IDBI Bank, which has the highest bad loan ratio in the sector, jumped 92.9 percent to 54.82 billion rupees, leading to a doubling in total provisions
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The RBI and the government are at loggerheads to settle on an appropriate economic capital framework for the apex bank
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Net loss was 11.56 billion rupees ($158.43 million) for the three months ended Sept. 30, compared with a profit of 1.79 billion rupees a year earlier
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The Health Insurance industry has surged exponentially over the past decade and a half - with premiums growing from a paltry Rs 741 crores in 2001-02 to Rs 37,000 crores in 2017-18
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At the standalone level, net income of State Bank of India (SBI) fell 40 per cent to Rs 944.9 crore from Rs 1,581.55 crore on the back of better asset quality
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State-owned Punjab National Bank had a net profit of Rs 561 crore in the July-September quarter of last fiscal 2016-17
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