With respect to cases of ongoing litigation for disputes arising out of contracts in which physical activity has been stopped or contracts terminated, the settlement amount would be 30% of the net claim amount. For ongoing litigation where physical activity in the disputed contract is ongoing, the settlement amount would be 20% of the net claim amount — claims by the contractors minus counter-claim by the procuring entity.
Will RBI rate hikes intensify selloff in bank stocks? Analysts explain why fears may be overdone
Bank shares have endured steep declines as investors brace for imminent interest rate hikes from the RBI. Some analysts suggest that the recent selloff may