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Mumbai (Maharashtra) [India], June 4 (ANI): The Reserve Bank of India (RBI) on Friday opened a separate liquidity window of Rs 15,000 crore till March 31 next year to mitigate the adverse impact of Covid-19's second wave on certain contact-intensive sectors. ....
The deadline for submission of the final bids is June 4 and resolution plans should be compliant with insolvency law and a Supreme Court judgement on March 24 ....
SEBI may extend NSDL chief Nageswara Rao’s term once again May 20, 2021 GV Nageswara Rao, MD and CEO of NSDL - Businessline× Regulator not satisfied with list of candidates Market regulator SEBI is likely to grant an extension of term to GV Nageswara Rao, the current MD and CEO of NSDL, one of India’s largest share depositories, sources told Business Line. Rao’s term could be extended for six months to a year, the sources said. Rao has already served his two terms as per the regulatory norms but SEBI is unsatisfied with the candidates that were recommended by NSDL’s nomination and remuneration committee (NRC), sources said. ....
Synopsis The Loan Processing System (LPS) for MSME and agri products seamlessly integrates with data fintechs, bureau validations, document storage, account management and customer notifications among others. iStock Suresh Khatanhar, Deputy Managing Director, IDBI Bank said the LPS integrates with the existing core database, human resource management system, and various other applications of the bank. NEW DELHI: IDBI Bank on Wednesday announced the launch of its fully digitised loan processing system, offering over 50 products to MSME and agriculture sector. The Loan Processing System (LPS) for MSME and agri products seamlessly integrates with data fintechs, bureau validations, document storage, account management and customer notifications among others, IDBI Bank said in a release. ....