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SBI Card net profit more than doubles to Rs 627 crore in June quarter
SBI card shares of the lender were trading 4.2 per cent higher than the previous day's close at Rs 926.1
RBI appoints new administrator of PMC Bank; no revival plan for bank as yet
The present administrator, JB Bhoria, stepped down from his role as the administrator of the bank due to health reasons
No certainty of success with YES bailout plan
Unless a resolution mechanism designed for a quick turnaround of stressed financial institutions is implemented, we will continue to lurch from one crisis to the next
Crisis that will hurt bank resolution law
Without serious confidence building measures being taken, and articulated well to the common man, the environment appears ominous
