Wednesday, 24 February 2016

ECONOMIC NEWS 24 FEB

GOI TO get Estimated Amount of about Rs 5,030 cr from share sale.

Cabinet approves hike in MSP for raw jute by Rs 3,200/100 kg.

Parliamentary Panel on Banking :

Banking law should be amended by the Govt.

as a regulator is responsible to handle NPA mess. The RBI nominees tend to be biased as board members in banks.

Rising bad loans can hurt 's growth.

Market Data: net sell shares worth Rs 731 cr on Feb 24 (prov) net buy shares worth Rs 606 cr on Feb 24 (prov)

IVRCL: Lenders approves conversion of debt into equity at Rs 8.76/share, will own 51% in company post this conversion.

: Mr v.k. to be CEO for 5 years from April 1, 2016.

No surcharge, service charge, convenience fee to be levied on card and digital payment, says Cabinet

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