Merged bank could see rise in NPAs: India Ratings
• The proposed merger of three public sector banks, Bank of Baroda, Vijaya Bank and Dena Bank, is expected to result in better operating efficiency in the long run but there could be an increase in slippages in the short-term, India Ratings. • The rating agency said...
Union Cabinet approves ordinance to make instant triple talaq a penal offence
• The Union Cabinet has cleared ordinance to make practice of instant triple talaq penal offence. It was signed by President Ram Nath Kovind later as peArticle 123 of the Constitution. Compelling reason cited by Government for promulgation of this ordinance was that...
India puts four more nuclear facilities under IAEA safeguards
• India has decided to place four more reactors under International Atomic Energy Agency (IAEA) safeguards. It was announced Sekhar Basu, Chairman, Atomic Energy Commission (AEC) at 62nd General Conference of IAEA held in Vienna, Austria. The four reactors include two...