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RBI cuts Repo rate by 25 BPS to 6 percent

RBI cuts Repo rate by 25 BPS to 6 percent

The First Bi-Monthly policy held on April 4, 2019, by the Monetary Policy Committee (MPC) of the Reserve Bank of India cut the repo rate under the Liquidity Adjustment Facility...
Three more Banks out of RBI's PCA framework

Three more Banks out of RBI's PCA framework

On 26th February 2019, board for Financial Supervision (BFS) held a meeting to analyze the performance of Allahabad Bank, Dhanalaxmi Bank, and Corporation Bank. The BFS observed that Government of...
Government allows sale of 25% coal from captive mines in open market

Government allows sale of 25% coal from captive mines in open market

On Tuesday, 19th January, 2019 the government allowed the sale of 25% of coal of its total production from the captive mines in the open market. This is done to...
Government allows sale of 25% coal from captive mines in open market

SEBI exempts Coal India from the buyback program

Coal India Limited, a state-owned company was exempted by SEBI from complying with the regulations of the buyback program for ₹4.46 crore shares. On 12th February, 2019 Coal India had...