The financial institution has initiated discussions with wealth managers to market the concept.
This is the second debt investment by FMO in Indian ventures this month following its $30 million (Rs 216 crore) investment in Satin Creditcare Network.
Sources in RBI said that Das held a closed-door meeting with representatives of officers union on Thursday.
Banks fear that loan waivers announced by states could lead to even those who pay on time delaying payments.
The new policy makes promotion for junior and middle level managers more stringent.
Given the frequent bouts of liquidity and rate movements, MPC may be provided with more tools at its disposal.
RBI said 25% of officers in “level B” to “level E” will be put in the lowest performance bracket as against a 10% rule earlier.
Jet is being separately investigated by the govt on allegations of funds diversion.
A difficult phase triggered by tight liquidity is now said to be over for the sector
The fresh infusion is seen to help the company leverage better.
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