Having secured licence from the Registrar of Companies, the Indian Banks’ Association (IBA) will soon move an application to the Reserve Bank of India (RBI) to set up a Rs 6,000-crore National Asset ...
The RBI in 2017 raised the capital requirement to ₹100 crore from the earlier level of ₹2 crore keeping in mind the higher amount of cash required to buy bad loans.(REUTERS) New Delhi: Having secured ...
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