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Merger talk of MMTC, STC and PEC gathers strength

Two public sector trading firms MMTC and STC may be merged to ensure synergy in their operation. The government owns 90 percent of their...

20 NHAI contractors face project termination over delays

The NHAI has fixed November 6 as the last date for the filing of representation by contractors whose projects have been delayed. As many...

Crisil: PSBs may have to take 60% haircut

Credit rating agency Crisil has estimated that banks may be constrained to take a 60 percent haircut on the 50 top non-performing assets, based...

Infomerics gets RBI’s accreditation

  Infomerics Rating has received the approval from Reserve Bank of India to work as full-service rating firm. Following this approval, it has joined the...

Vinod Rai appointed first chariman of new Banks Board Bureau

Former CAG Vinod Rai was on Sunday appointed first Chairman of the Banks Board Bureau (BBB), which will advise the government on top-level appointments...