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Inside RBI's plan to avert PMC Bank-like embarrassments

New policy measures were announced on Thursday to strengthen the regulatory framework at the UCBs.

code on wages

Dec 06, 2019, 06.41 PM IST

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CODE ON WAGES

RBI monitoring NBFCs to prevent systemic shocks; better companies getting pre-IL&FS rates

Central bank’s watching the top 50 NBFCs much more closely and is making deep dive into their books, their balance sheets and other numbers wherever necessary, says Governor Shaktikanta Das. He said that RBI has a fairly good idea of where the vulnerabilities lie. It is holding periodic discussions with the management and promoters of NBFCs.

Government sets in motion process to revamp criminal laws

The new structure and content of criminal laws will be citizen centric, reflect the...

Salaries in India likely to rise by 9.2 pc in 2020; inflation-adjusted real-wage at 5 pc: Report

India's salary growth for 2020 stood at 9.2%...

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