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RBI relaxes leverage ratio in a boost to bank lending

MUMBAI: The Reserve Bank of India (RBI) on Thursday relaxed the leverage ratio (LR) for banks in a bid to help them expand their lending activities. The leverage ratio stands reduced to 4% for Domestic Systemically Important Banks (DSIBs) and 3.5% for other banks. The relaxation was announced in the accompanying...
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Distance Learning Days a go in Marblehead

School Committee approves pilot program that would make snow days teachable moments The School Department is starting the new year with a new attitude toward snow days since the School Committee voted to pilot a Distance Learning Days program. The program is designed for students to complete school...
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