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Initiatives for strengthening NBFCs

SATISH SINGH

The Reserve Bank has asked the major non-banking finance companies (NBFCs) to appoint a Chief Risk Officer (CRO) with appropriate qualifications. The Reserve Bank has asked NBFCs with assets of more than Rs 5,000 crore to appoint a CRO with the approval of the board of directors along with the prescribed terms and conditions.

New Delhi to host International Conference on Nonviolence Education and Training

Dr. Lalit Kishore

"The world today is mired in violence, hatred, fanaticism and religious intolerance. Moral and spiritual values have reached their nadir in all sections of society globally. What is most alarming and worrying is that many children and youths are being systematically indoctrinated to commit heinous crimes in the name of religion," states the concept note of International Conference on Nonviolence Education and Training to be held in New Delhi this year hosted by Delhi Terapanth Sabha.

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