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84 infiltration attempts in Jammu and Kashmir since August 2019

Tuesday, December 10, 2019, 3:38 PM

As many as 84 infiltration attempts were made along the Line of Control(LoC) in Jammu and Kashmir and 59 terrorists could have entered the valley since August 2019, Minister of State for Home G.Kishan Reddy said in Lok Sabha. Reddy said regular attempts of infiltration by terrorists through the LoC in Jammu and Kashmir sponsored and supported from across the border are being made.
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SBI under-reported bad loans by Rs 11,932 crore in FY19: RBI report

Tuesday, December 10, 2019, 3:22 PM

Public sector lender State Bank of India (SBI) under-reported its non-performing assets for the fiscal year FY19, a risk-assessment report of the RBI has found. In a regulatory filing on Tuesday, the bank said it had under-reported its bad debts by Rs 11,932 crore. The divergence in gross non-performing assets (NPAs) assessed by the central bank for SBI was Rs 11,932 crore in FY19.
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Bank of Baroda lowers MCLR lending rates by 20 bps

Tuesday, December 10, 2019, 3:15 PM

Following its peers like SBI, HDFC Bank and Bank of India, state-run Bank of Baroda also has lowered its marginal cost of funds-based lending rates (MCLR) by up to 20 bps across various tenors, effective December 12. The rate reduction comes even as the RBI in a surprise move had left the key policy rates unchanged at the last meeting on December 5.

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