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FIN MIN OFFICIAL : Asked RBI To Ease Some Provisioning Norms FIN MIN OFFICIAL : Govt Has Asked RBI To Ease S4A, SDR Rules FIN MIN OFFICIAL : Asked RBI To Consider Allowing Banks To Reduce Interest Rates On Cases Under S4A FIN MIN OFFICIAL : Easing Provisioning Norms To Help Banks Implement New Changes In NPA Policy FIN MIN OFFICIAL : Asked RBI To Consider Allowing Fresh Moratorium On Principle/Interest Payment FIN MIN OFFICIAL : Expect RBI's Response To Govt's Request In 7-10 Days FIN MIN OFFICIAL : Likely To Allow Partially, Optionally Convertible Debentures For FDI FIN MIN OFFICIAL : Likely To Approve New Instruments To Spur FDI Next Month

Expect Volatility In Financial Space: Andrew Economos

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September 24: JPMorgan AMC’s Andrew Economos says, “Globally, the banking sector will be subject to fits and starts as the investor perception of economy changes and this also holds true for India.” However, the trend will be upwards as banking system excesses are being worked through, balance sheet quality improves and the NPL situation gets better, he says.