Putting an end to confusion over the payment obligation towards other lenders, PNB also assured that it will honour all subsequent maturing LoUs and FLCs as and when they are due.
The RBI said the decision to discontinue the practice of LoUs and Letters of Comfort (LoCs) for trade finance comes into force with immediate effect.
New Delhi: In Connecticut, 1970, a mother purchased an antique raggedy doll named Annabelle from a hobby store. Little did she know that the doll would be a curse for their family.Donna was a nursing
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