Iba
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Ukraine latest nation to boycott Women’s World Boxing Championship in India
Fpsports •Apart from Ukraine, nine other federations including the United States, Ireland and Britain have boycotted the women's championship in India.
AIBA rebrands itself as IBA, eyes boxing's reinstatement in 2028 LA Olympics with reforms
•Boxing, weightlifting and modern pentathlon were all left off the initial list of sports for the 2028 Los Angeles Games last week and were asked to make changes by the IOC
RBI grants licence to National Asset Reconstruction Company, announces Indian Banks’ Association CEO
•This move that will help kickstart operations of the bad bank. NARCL was incorporated in July in Mumbai following registration with the Registrar of Companies (RoC)
Coronavirus crisis: Bad bank debts could double by end of fiscal year, around 25% outstanding loans face risk of default
•A fresh surge in bad debt could hit credit growth and delay recovery from the coronavirus pandemic.
Coronavirus Outbreak: SBI says difficult to take medium, long-term impact on banking sector during lockdown
•The SBI official also said the Indian Banks Association (IBA) is also evaluating measures, which can be taken by the banks in this situation
Banking declared as public utility service for six months till 21 October; employees will not be able to go on strikes
•All public sector banks, old generation private sector banks like HDFC Bank, ICICI Bank, Axis Bank and Federal Bank are members of IBA
IBA urges govt, RBI to double moratorium period to 6 months; seeks credit guarantee for MSME loans
•Bankers believed that some safety net has to be created for both industry and banks for survival first, sources said, adding, revival would follow.
Coronavirus Outbreak: Bankers welcome Reserve Bank's steps to enhance liquidity
•The second set of measures announced by RBI for the COVID-19 pandemic-stricken economy got a thumbs-up from bankers who welcomed the steps taken as per the evolving market conditions
Coronavirus Outbreak: Most private banks go for 'opt-in' option on loan repayment moratorium
•Most of the private sector lenders have decided to go for the "opt-in" option on loan repayment moratorium, putting the onus on the customer to take the initiative of informing the bank of their choice to go for the three-month breather offered by the Reserve Bank of India
Coronavirus Outbreak: Borrowers unlikely to get significant gains from loan moratorium; banks to charge interest later
•The three-month suspension of EMI payments may not result in a significant gains for borrowers as they will charge interest for the moratorium period, according to the moratorium scheme announced by state-owned banks