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MILITARY authorities in Samar province on Saturday, January 6, claimed to have neutralized a high-ranking member of the New People's Army (NPA) involved in the ambush slaying of a policeman and three civilians, following a clash in Borongan City.
RBL Bank sold small business loans worth ₹360 crore for ₹20 crore in an all-cash deal at an auction to the ARC, equating to less than 1% recovery. Separately, Bandhan Bank sold a ₹719-crore home loan portfolio for ₹289.6 crore at a Swiss auction, equating to a 40% recovery for the bank. Both transactions closed in the last week of December.
The regulator has made it clear that banks cannot make ad hoc dividend payments
According to the proposal, feedback on this draft can be submitted until 31 January, with the proposed norms affecting dividend declarations starting from FY25 , , reserve bank of india, NNPA, Dividend Payouts
India Economy: Amidst a challenging global macroeconomic environment, the Indian economy is exhibiting "a quickening growth momentum," with resilience and financial stability, according to the RBI's Financial Stability report released on Thursday.