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    • RBI draft norms for bad loans require a mindset change:SBI

      The Reserve Bank today proposed a slew of measures, including incentives to lenders for coming together and tackling an account timely and penalising borrowers with higher interest rates in future for not cooperating for a resolution. The RBI discussion paper is open for public comments till January 1.

    • SBI top deck recast: 5 deputy MDs, 18 chief GMs appointed

      The State Bank of India has reshuffled its top management. It has recently promoted five chief general managers (CGMs) to fulfill the vacancies of deputy managing directors (DMDs) and around 18 general managers (GMs) to the posts of chief general managers (CGMs), sources with the direct knowledge of the development told moneycontrol.com.

    • Banks seek mechanism to ensure effective CDR process

      Top bankers in the country met on Monday to ensure that the mechanism of CDR is appropriately utilized for reviving the units which need help and rehabilitation from the system.

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