New credit risk norms for banks

Mumbai: RBI has unveiled draft norms to improve banks’ management of credit risk and classification of bad loans. The changes are expected to ease capital requirements for segments like MSMEs, real estate and credit cards. The new proposal also shifts banks from recognising default losses after they occur to an ‘expected credit loss’ framework, requiring…

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Aamir Khan feels THIS actor can play his character Bhuvan in Lagaan remake: ‘He is very clean at heart and you feel the…’ |

Aamir Khan humorously expressed reluctance to let anyone else play Bhuvan if Lagaan were remade. However, after considering it, he suggested Vicky Kaushal for the role. Khan believes Kaushal embodies the qualities of Bhuvan: a pure heart, inner strength, dignity, seriousness, and playfulness, making him a fitting choice to lead Champaner to victory. Aamir Khan…

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No Pakistan, no problem! Andy Pycroft gets rousing welcome during India vs West Indies 1st Test | Cricket News

Andy Pycroft (second from the left) Andy Pycroft, the match referee at the centre of last month’s Asia Cup handshake controversy, received a rousing welcome on Thursday as he took charge of the India vs West Indies 1st Test at the Narendra Modi Stadium, Ahmedabad. Introduced by presenter Ravi Shastri, Pycroft was greeted warmly. “Back…

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Manchu Manoj gets emotional as Mirai receives overwhelming response at the box office: ‘Many warned against casting me’ | Telugu Movie News

Actor Manchu Manoj, who returned to the big screen after a long hiatus, grew emotional at the success event of Mirai in Hyderabad on Saturday. The actor revealed that several people had warned director Karthik Ghattamaneni and producer TG Vishwa Prasad against casting him in a big project.“Even before HanuMan’s teaser was released, he believed…

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Harvard posts $113 million deficit for first time since 2020 despite booming endowment: Here’s why it’s not a win

Harvard posts $113 million deficit despite 12% endowment growth. (AP Photo) Harvard University has reported a $113 million operating deficit for the fiscal year 2025, marking its first budget shortfall since 2020. This comes despite a strong 11.9 percent growth in the institution’s endowment, which reached $56.9 billion. The report reveals a complex financial situation,…

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Significant risk to Uri hydro plant: Pakistan retaliation met swift CISF action during Operation Sindoor; how families were evacuated in time | India News

NEW DELHI: Pakistan’s retaliation put the Uri hydroelectric plant near the Line of Control (LoC) under significant risk during a high-risk security situation that unfolded after India launched Operation Sindoor. However, the CISF successfully foiled the attempted attack, protecting both the power project and the residents living nearby.On Tuesday, the CISF honoured 19 of its…

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Babar Azam stays unbeaten as Pakistan thrash Sri Lanka to win T20 tri-series final | Cricket News

Pakistan’s players (AP Photo/Anjum Naveed) Pakistan secured victory in the Twenty20 tri-series final by defeating Sri Lanka with a six-wicket margin on Saturday.Sri Lanka’s batting lineup collapsed dramatically, losing their final eight wickets for just 16 runs and getting bowled out for 114 in 19.1 overs.Pakistan successfully chased down the target, reaching 118-4 with eight…

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