The notice was served to him later in the day when Rawat himself informed the CBI, both on phone and through a social media post, that he had returned home
The fund will "invest in existing assets" of real estate companies and renovate the properties into rental housing, the lender said in a statement to the Shanghai stock exchange Friday.
CCB is a relatively new concept, introduced under the international Basel III norms, which says that during good times, banks must build up a capital buffer that can be drawn from when there is stress