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RBI amends banks’ regulatory capital norms in line with Basel III

Mumbai, March 1 (IANS) The Reserve Bank of India on Tuesday amended the treatment of certain balance sheet items in determining banks’ regulatory capital, towards further aligning these to the international Basel III capital standards….









Tata Comm’s deal to sell Neotel lapses

Mumbai, March 1 (IANS) Tata Communications said on Tuesday that its plans to sell majority stake in its Neotel to Vodacom, the South African subsidiary of Vodafone, has lapsed due to regulatory complexities in concluding…









CII backs holding of DefExpo 2016 in Goa

Panaji, March 1 (IANS) Hosting the four-day Defence Expo would benefit Goa by helping it pitch itself to the international investment community, Confederation of Indian industry (CII) said on Tuesday. The CII also criticised a…