Mumbai

While the two ruling alliance partners alleged that it was an attempt to lessen Mumbai's stature, the state BJP claimed that Congress-led governments did nothing to get IFSC in Mumbai when they ruled in Maharashtra earlier.

The rupee came under intensified and sustained depreciation pressures from mid-January, reflecting a generalised weakening of emerging market currencies amid flights to safety, RBI said in its Monetary Policy Report.

Balasaheb Thorat said it was time for the PM to take some firm policy decisions to fight the outbreak and give relief to people rather than 'create an event' out of the issue.

Shares of Tata Communications closed at Rs 226 a unit, down by 7.92 per cent compared to previous close, at BSE on Wednesday.

The cash-strapped airline, grounded in April last year, owes more than Rs 8,000 crore to banks, with those from the public sector having significant exposure.

All the statements mentioned the last reported capital to risk adjusted assets ratio, by which the financial strength of a bank is judged, to drive home the point of the institutional strength.