Author: wakilsahab

Government defends appointment of Madhya Pradesh High Court acting chief justice

Source: hindustantimes.com A day after the government appointed justice R S Jha as acting chief justice of Madhya Pradesh high court overlooking the Supreme Court Collegium’s recommendation to appoint justice A A Kureshi as chief justice of the high court, the law ministry defended its decision saying “there is nothing unusual about the appointment”. A

RBI’s welcome steps in its circular provides more freedom to its bankers says IBA

Source: dnaindia.com The Reserve Bank’s new circular for resolution of stressed assets is propelled by provisioning requirements and gives more freedom to bankers in taking decisions, Indian Banks’ Association (IBA) Chairman Sunil Mehta said Saturday. Two months after the Supreme Court struck down its February 12 circular, the Reserve Bank of India (RBI) Friday came