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RBI directs NBFCs to adhere to NCD norms

Last Updated: Friday, December 30, 2011, 22:13

Taking exception to NBFCs issuing short-term non-convertible debentures (NCDs), the Reserve Bank on Friday directed such entities to adhere to guidelines on issue of these instruments.

Financial Institutions needs lot more to do for Bihar: Nitish

Last Updated: Saturday, February 12, 2011, 18:45

Nitish Kumar said the development had been paced in the state because of "sustained initiatives and investments".