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Thursday 11 March 2021

IDBI exits RBI’s list of lenders facing curbs

IDBI Bank has finally managed to get out of the Reserve Bank of India’s (RBI’s) watchlist for troubled banks after four years. With this, the bank is no longer subject to the restriction on large loans, dividend payment, expansion of business or salary hikes.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/30xNDRG

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