Peepli Live’ actor Sitaram Panchal passes away

 

Bollywood News

Bollywood actor Sitaram Panchal passed away early morning today after battling kidney and lung cancer. He was 54.

 

The actor, who made his Bollywood debut in 1994 with “Bandit Queen” and went on to feature in critically-acclaimed films such as, “Peepli Live”, “Slumdog Millionaire”, “Paan Singh Tomar” and “Jolly LLB 2”, died at his residence here, family sources confirmed.

 

“He died today morning. He was suffering from cancer and was unwell. He wasn’t keeping well in the last few months,” family sources said.

 

The actor had celebrated his 26th wedding anniversary with his son Rishabh Panchal and wife Uma Panchal on Wednesday.

 

Panchal’s son had posted a picture with the actor and wished his parents– “Happy 26th anniversary mom and dad.”

 

Last month, Panchal had even put up a post on social media seeking financial help for his cancer treatment.

 

“Brothers, please help me, I have cancer, your artiste, Sitaram Panchal,” he had written.

 

Cine & TV Artistes Association (CINTAA) then came forward to help the actor.

 

“We assure him of all the help we can provide to him in his hour of need and also urge all of you to open your hearts,” it wrote at the time.

 

He was discharged from the hospital last month.

New Bill empowers RBI to direct banks to resolve NPAs, appoint advisors

Finance Minister Arun Jaitley

Latest News

A bill to authorise the RBI to direct banking companies to resolve the problem of stressed assets was on Monday introduced in the Lok Sabha by Finance Minister Arun Jaitley.

 

The Banking Regulation (Amendment) Bill, 2017, seeks to amend the Banking Regulation Act, 1949 and replace the Banking Regulation (Amendment) Ordinance, 2017, which was promulgated in May this year.

 

 

The measure allows the RBI to initiate insolvency resolution process on specific stressed assets.

 

The RBI would also be empowered to issue other directions for resolution, appoint or approve for appointment, authorities or committees to advise the banking companies for stressed asset resolution.

 

Jaitley introduced the Bill amid protests in the House by opposition members protesting over the alleged incidents of lynching by cow vigilantes in different parts of the country.

 

Just before the bill was introduced, Trinamool Congress member Sougata Ray said he was opposed to the banking regulation ordinance and said it was a “desperate step by a desperate government”.

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