Banks can’t sell back seized assets to defaulters: RBI

Representative image (File photo) MUMBAI: RBI has barred defaulting borrowers from buying back properties acquired by lenders to satisfy a defaulter’s debt, tightening norms for resolution of stressed accounts under its new directions effective Oct 1, 2026.Defaulters and their related parties, as defined under the Insolvency and Bankruptcy Code, 2016, cannot repurchase such assets from…

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Unite to fight terror, organised crime, Ajit Doval urges Bimstec | India News

National Security Advisor Ajit Doval NEW DELHI: NSA Ajit Doval chaired the 5th Meeting of Bimstec national security chiefs as the grouping that bridges South Asia and Southeast Asia discussed “practical and result-oriented” solutions to combat terrorism and organised crime, ensure security in the cyber, maritime and energy domains, enhance connectivity and tackle new and…

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Lewis Hamilton lends support to Kim Kardashian as she mourns grandmother MJ’s demise; shares unseen pics from getaway with her kids |

Kim Kardashian is mourning the loss of her grandmother, Mary Jo Campbell, affectionately known as “MJ”. News of the Kardashian matriarch’s demise broke on Thursday, after Kris Jenner announced her passing in an emotional social media post. Kris Jenner announces mother Mary Jo’s demise Sharing the heartbreaking news, Kris wrote, “Today, we said goodbye to…

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Govt to take steps to boost liquidity for small biz

The Union Cabinet has approved amendments to the MSME Development Act to improve liquidity, strengthen the Udyam portal, decriminalise minor offences, and speed up payment resolution for small businesses. (Representative image) NEW DELHI: The Centre is planning to use new tools to enhance liquidity for micro, small and medium enterprises (MSMEs) and will move amendments…

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