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RBI's new prudential framework for stressed asset resolution credit positive: Moody's

The RBI last week issued a prudential framework for resolution of stressed assets, which give lenders 30 days to review a borrower account before labelling it as a non-performing asset in case of default.

Nawaz Sharif among richest politicians in Pakistan with personal assets of Rs 2 bn

The value of his assets in 2011 was Rs 166 million, which swelled to Rs 261.6 million in 2012 and then to Rs 1.82 billion in 2013, making him a declared billionaire.

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Supreme Court: Telangana can’t keep all assets

The SC set aside the HC order whereby freezing of APSCHE’s bank accounts on a request by Telangana government was held valid.

Deepinder Singh Hooda's assets pegged over Rs 35 crore

Deepinder has declared his movable assets worth nearly Rs 4.44 cr and immovable assets at nearly Rs 11.77 cr

Nominations without full details will be rejected: SC

Says filling in false info about assets,criminal record in affidavits or leaving them blank affects citizen’s fundamental right

Apex court poser to Centre on poll panel view

Advocate Meenakshi Arora,appearing for the EC,told the court that it was supporting the petitioner’s contention

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Assets worth Rs 8.7 cr seized from PWD official in Nashik

In a series of raids on the residences and bank lockers of an arrested PWD officer from Nashik,the Anti Corruption Bureau (ACB) has claimed to have seized cash and valuables worth Rs 8.70 crore.

Akhilesh’s wife declares assets

After Uttar Pradesh Chief Minister Akhilesh Yadav,his wife Dimple Yadav too has made her assets public.

Lokayukta raids in Bhopal uncover huge sums of money

The MP Lokayukta launched a series of raids at the residence of a jail superintendent and found disproportionate assets.

Steve Jobs put real estate in trust in 2009-records

Apple co-founder Steve Jobs and his wife placed at least three properties into trusts in 2009,which legal experts say is a sign the secretive Apple chief may have been ensuring that his assets aren't disclosed upon his death.

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Prudence lay in adhering to fiscal targets: Arun Jaitley

New Delhi, Feb 29 (ANI): Finance Minister Arun Jaitley while presenting the Union Budget 2016-17 said they were confronted with stress assets problem in public sector banks. He said that public money should reach the poor and deserving without any leakage. A bill on targeted delivery of financial services using Aadhar is also to be introduced. Jaitley also said that prudence lied in adhering to fiscal targets. He also increased allocation of Rs 1, 80,000 crores under PM MUDRA Yojana. He further added that fiscal deficit for fiscal 2016-17 have been targeted at 3.5 percent. Revenue deficit estimate for Financial Year 2015-16 has been down to 2.5 percent from earlier estimates.

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