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News digest: RBI rejects liquidity, CBI rejig, Airtel Africa, and more

The government has pitched to the RBI for alignment of PCA provisions

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BS Web Team New Delhi
Last Updated : Oct 25 2018 | 1:28 AM IST
RBI rejects liquidity window for NBFCs

The Reserve Bank of India (RBI) has ruled out a special refinancing window for non-banking financial companies (NBFCs) as the regulator feels that there is no systemic risk as of now. Read more

Midnight rejig of CBI brass

Central Bureau of Investigation (CBI) Director Alok Verma and Special Director Rakesh Asthana were stripped of their powers and sent on leave on the intervening night of Tuesday and Wednesday in a bid to end the “factional feud” in the agency. Read more


Investors put $1.25 bn in Airtel Africa

Bharti Airtel announced it was getting six marquee investors to put a total of $1.25 billion in its fully-owned subsidiary, Airtel Africa. This will be through the issuance of fresh equity. The African company will float  an ipo on an international stock exchange soon, which has not been chosen yet. Read more
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