Monday, April 5, 1999
Sengupta panel moots 2 mega oil entities
The Nitish Sengupta committee has envisaged two mega public sector entities in the deregulated petroleum market at home.
Centre may set up restructuring agency for weak state-run banks
The centre is toying with the idea of setting up a restructuring agency for the weak public sector banks on the lines of the Disinvestment Commission.
Reserve Bank tightens prudential norms for banks
The RBI has tightened asset classification norms and effected significant changes in prudential and capital adequacy regulations for banks for the just concluded financial year 1998-99.
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