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The total value, under the provisional order for attachment, is Rs 4,025.23 crore.
Credit demand has slowed to single digit as the mainstay of banks-personal loans and demand from services sector lost their momentum.
The RBI Central Board met amidst weak growth estimates by global agencies and the RBI itself and also the recent fraud at the PMC Bank.
The country's reserve position with the IMF also increased by $9 million to $3.61 billion, RBI data showed.
In a letter sent to Air India, the three oil PSUs -- Indian Oil Corporation Ltd (IOCL), Bharat Petroleum Corp Ltd (BPCL) and Hindustan Petroleum Corp Ltd (HPCL) -- said "the outstanding has not come down considerably in the absence of the committed monthly lump sum payment".
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