Government to Tighten Up Banking Risk Management: Jaitley His comments followed the launch of an investigation into whether Syndicate Bank's head took bribes to roll over a loan to Bhushan Steel.
RBI Issues Norms on Lending Against Shares by NBFCs NBFCs have to maintain an loan-to-value (LTV) ratio of 50 per cent and accept only Group 1 securities as collateral for loans of value more than Rs 5 lakh.
Indian Firms Tool Up For Defence Orders on Modi's 'Buy India' Pledge India, the world's largest arms importer, will spend $250 billion in the next decade on kit, analysts estimate, to upgrade its Soviet-era military.

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