The lawyer of liquor baron Vijay Mallya on Wednesday claimed that IDBI Bank officials were well aware of the losses incurred in the debt-ridden Kingfisher Airlines.
Mahesh Kumar Jain appointed as Deputy Governor of Reserve Bank of India (RBI) for a term of three years.
Amid the multiple scams unearthed recently in the banking sector, the Reserve Bank of India (RBI) has issued a Prompt Corrective Action (PCA) framework to maintain the sound financial health of banks.
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