India offers ‘compelling investment opportunities’ says Canadian pension fund CEO Mark Machin

“Our focus on India is only going increase in the next few years as we plan to shift our one-third of our assets to emerging markets,” Machin said adding “ Strong domestic consumption and India’s emerging technology sector are key positives for the Indian economic,”

from Banking/Finance-Industry-Economic Times https://ift.tt/379w0eX

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No specific plan needed for invoking Resolution Framework: RBI

"The Resolution Framework does not require any resolution plan in any form to be submitted to the lending institutions at the time of request for invocation. Rather, for invocation, the borrowers are required to merely submit a request to the lending institutions for being considered under the Resolution Framework," the RBI said.

from Banking/Finance-Industry-Economic Times https://ift.tt/383pg1A

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To cope with Covid blues, borrowers must ask lenders to invoke Resolution Framework: RBI

Borrowers are required to merely submit a request to the lending institutions for invocation of resolution under the Resolution Framework for Covid-19

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RBI appoints 3 new Executive Directors

The Reserve Bank of India (RBI) has elevated three Chief General Managers (CGMs) as Executive Directors (EDs) with effect from December 11. R. Subrama

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EXIM Bank extends LOC of $448 million to Uzbekistan

Export-Import Bank of India (Exim Bank), on behalf of the Government of India, has extended a Line of Credit (LOC) of $448 million to the Government o

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