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Finance companies may face bank-like restrictions

After forcing banks to recognise stressed loans as non-performing assets (NPAs) last year, the Reserve Bank of India (RBI) is talking tough to large finance companies on asset quality. The RBI may place lending restrictions on some finance companies under a prompt corrective action (PCA).

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Discord abandons Microsoft acquisition talks: Report

Discussion platform Discord, popular among amateur video game players, has halted acquisition talks with Microsoft and is instead considerin...

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