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Its chief executive N S Venkatesh told reporters that the Reserve Bank’s incremental cash reserve ratio (CRR) measure to suck out excess liquidity “partially impacted” the industry’s performance on the debt side as such schemes are looked at more from a treasury management perspective by banks as well.",He said even today those who give applications to set up ARCs have to justify how they consider themselves fit and proper to be ARC sponsors to get a license. There are 25 ARCs operating in the country at present. Mishra said there is a need to deepen the market for security receipts which are issued by ARCs by developing a secondary market and also allowing more players. On the peer-to-peer (P2P) lending, he said RBI has got several applications and is in the process of giving licenses to that qualify.",Facebook has now admitted that millions of passwords of Instagram users were stored in plain, readable text format and also accessible to employees, which would have potentially compromised the security of these accounts. The revelation comes after last month’s report on KrebsonSecurity, which stated that Facebook was storing millions of passwords in plain text.",Taking suo motu cognisance of actor Mansoor Ali Khan’s derogatory remarks against leading south Indian actor Trisha Krishnan at a recent press meet, the National Commission for Women (NCW) has directed the Tamil Nadu DGP to take action against him.",However, a surviving family member of Satya Prakash Dubey, who along with his wife, two daughters and a son was killed in the incident, refused to meet Akhilesh, saying that encroachment over their land was done during the Samajwadi Party government in the state.",Apple’s 2018 iPad Pro model, which is expected to be announced at the company’s October 30 event in New York, will have rounded corners, no notch, and no home button. 9to5Mac reports it found a new icon within iOS 12, which reveals a more detailed view of the new iPad Pro. The devices will support a USB Type-C port, a first on any Apple device.",Students are delighted as schools are closed owing to the unrelenting heat and they are heading to their homes some metres away in Mahmudpur village in Sonipat’s Gohana.",Apple’s 2018 iPad Pro model, which is expected to be announced at the company’s October 30 event in New York, will have rounded corners, no notch, and no home button. 9to5Mac reports it found a new icon within iOS 12, which reveals a more detailed view of the new iPad Pro. The devices will support a USB Type-C port, a first on any Apple device.",The net proceeds from the fresh issue will be utilised for pre-payment or scheduled repayment of a portion of the existing borrowing availed by the company, funding capital expenditure requirements towards purchase of machinery, infrastructure repairs and renovation of its existing production facilities including office premises in India and general corporate purposes.",Rao appreciated MassMutual’s India head Ravi Tangirala for his effortis in “establishing a world-class organization in Hyderabad, India in a record time!”",On a gross basis, the collection grew 22.58 per cent to Rs 16.68 lakh crore.",Skullcandy has announced the launch of its wireless earbuds in India, called Vert at a price of Rs 4,999. These are built for adventure enthusiasts with sport-specific features and the company claims they can also handle heat, dirt and anything else. The wireless earbuds are geared towards cyclists, hikers.".