LVB bond crash will cost banks dearly

Lakshmi Vilas Bank’s decision to amortize the value of Tier-2 bonds ₹Rs 318 crore could increase the cost of borrowing for peers, especially the weaker ones, experts said. The troubled private bank said on Thursday that it has written off all of its Basel III-compliant Tier-2 bonds as advised by …

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CBSE 2021 exam date: Ministry of Education

New Delhi: Amid growing speculation about the Central Board of Secondary Education (CBSE) Class 10, 12 2021 exams, the Union Education Minister Ramesh Pokhriyal ‘Nishank’ has stated that a campaign will be launched to seek opinions from students, parents, and teachers on how and when to take the tests next …

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