
NCLT to set up three more benches in Bhubaneswar, Jaipur and Kochi
There is just about one appellate tribunal and the government is said to have initiated process to set up for appallate benches to share the workload.
There is just about one appellate tribunal and the government is said to have initiated process to set up for appallate benches to share the workload.
The company is also planning to lend to individual borrowers with the joint liability group-based lending model starting to stifle down growth opportunities.
Loan repayment took a severe hit in the cash-based microfinance sector after the government announced note-ban in November 2016.
Ujjivan booked net losses for the first two quarters this fiscal with demonetisation and loan waivers in some states impacting the repayment culture.
Agarwal had taken a contentious decision to halt production of coins last week. This was unceremoniously revoked within a couple of days after workers sought Arun Jaitley's intervention.
SPMCIL, which enjoys the Miniratna status, produces bank notes, coins, postage stamps, non-judicial stamps and other official documents.
India's fiscal deficit may widen further to 3.5% of gross domestic product in FY19 after breaching the target this year.
"We have started working. However, we are working only in one shift," said Bijan Dey, vice president of Calcutta Mint Employees Association.
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