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BRIEF-Reserve Bank Of New Zealand Says New Enforcement Framework Completed

Read more about BRIEF-Reserve Bank Of New Zealand Says New Enforcement Framework Completed on Devdiscourse

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Tweak in Act to grant IDBI 'bank licence' after govt offloads stake


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Top headlines: BSE firms' m-cap tops Rs 200 trn, RBI's plan to revive PMC


Red-hot rally: BSE firms' market capitalisation crosses Rs 200 trillion
The sum of the market value of BSE-listed companies crossed Rs 200 trillion for the first time, on Thursday. The feat comes a day after the S&P BSE Sensex closed above the coveted 50,000-mark. The Sensex, on Thursday, ended at 50,614.29, up 358.54 points.
The combined market capitalisation of the National Stock Exchange of India-listed companies was a shade lower at Rs 199.1 trillion, based on Thursday's closing. Read more
How RBI plans to revive PMC Bank through a three-pronged strategy
If the revival formula works as planned, it will be the first time in recent years that the Deposit Insurance and Credit Guarantee Corporation (DICGC) will have been roped in for the revival of a stressed bank. Read more

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