Tuesday, February 2, 1999
Centre to amend act to aid banks, institutions recover bad debts
Concerned over the growing bad debts of banks and financial institutions (FIs), the Government will amend the Recovery of Debts due to Banks and Financial Institutions Act, 1993, for speedy recovery of loans and debts.
Centre sets up task force to clear hardware report
The union government has constituted a high-powered group of ministers to ensure speedy clearance to the hardware report prepared by Prime Minister's Information Technology Task Force.
IOC plans Koyali refinery tieup with IPCL's Baroda unit
The Indian Oil Corporation (IOC) is exploring the option of a strategic alliance between its Gujarat refinery and the Baroda petrochemicals complex of Indian Petrochemicals Corporation (IPCL).
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