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IFC emerges as top contender to buy IDBI stake

International Finance Corporation (IFC)— private sector lending arm of the World Bank has become the top contender to buy around 15 per cent in government...

RBI on track towards handling bad loans, says IMF

The Reserve Bank of India (RBI) has taken right measures to deal with the state-run banks’ huge non-performing assets (NPAs) or distressed loans, says...

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