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If the airport wins permission for its controversial expansion plan, construction would start almost immediately.
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Non-performing assets in the microfinance sector soared to 50,000 crore at the end of December, reaching a 13% ratio of gross loans. The sector faced elevated stress from over-lending and deteriorating credit discipline, despite regulatory measures to lower capital allocation requirements for risky assets.
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The decision, announced in a memo Wednesday by 1871 CEO Betsy Ziegler, cites the shifting realities of the struggling post-pandemic downtown office market.
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News and Media
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