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Reserve Bank may act against more NBFCs to keep obscure lending practices in check, says Morgan Stanley
Earlier this month, the apex bank had already issued a stern warning to the NBFC sector, discouragi…
RBI slaps fine of Rs 2.91 crore on Axis Bank and HDFC Bank: All details
The Reserve Bank of India has fined Axis Bank and HDFC Bank a total of ₹2.91 crore for regulatory l…
Bill to provide up to four nominees to a bank account introduced in Lok Sabha
Another proposed change relates to redefining 'substantial interest' for directorships, which could…
PTI
Substantiate green claims with data, ASCI tells advertisers
Greenwashing was in the news last year when fashion brand H&M got embroiled in a scandal. It was al…
T+0 trade settlement will be available for 25 scrips starting Thursday
Stock exchanges BSE and NSE are all set to introduce the beta version of the T+0 or same-day trade …
PTI
Stock market closing: Sensex, Nifty close the day in red, markets recover after initial hiccups
Titan (up by 6.56%), ITC (up by 6.52%), Tata Consumers (up by 4.42%) NTPC (up by 2.78%) and Adani P…
RBI penalties on banks, NBFCs add up to Rs 40.39 crore for 2022-23
The Reserve Bank of India (RBI) has imposed penalties to the tune of Rs 40.39 crore on banks, non-b…
Not comfortable with NPAs in urban co-op banks says RBI, asks lenders to focus on governance
RBI Governor Shaktikanta Das on Monday said the central bank is "not comfortable" with the gross no…
PTI
GSTN to share data with RBI's frictionless credit platform
The government has permitted GST Network to share data about GST-registered businesses, based on th…
PTI
Paytm and Paytm Payments Bank mutually agree to discontinue various inter-company agreements
One 97 Communications Ltd (Paytm) has informed that the Company and its associate entity, Paytm Pay…
ANI
How fintech leader Paytm revolutionised QR and took UPI to every nook & corner of India
Paytm is a digital payments pioneer in India, and its products have revolutionized the payment land…
As PV Sindhu takes 20 brands to court for using her name and image without permission, here's how agencies and brands can be careful with moment-marketing in the future
A look at how brands and agencies can avoid getting embroiled in legal issues while using moment ma…
Crypto issue requires immediate attention, says FM Sitharaman
Issues related to crypto have emerged as a major point of discussion among G20 countries and th…
PTI
India is trying to regulate cryptocurrencies — but not everyone is on board, including the RBI governor
The governor of India’s central bank, the Reserve Bank of India (RBI), Shaktikanta Das, isn’t a fan…
CIRP initiated in cases of DHFL, ABG Shipyard, Bhushan Power & Steel
Corporate insolvency resolution process (CIRP) was initiated in the cases of DHFL, ABG Shipyard and…
Haircut on cases resolved through IBC not very encouraging, says Kotak report
Haircuts on cases resolved through the Insolvency and Bankruptcy Code (IBC) are still very high, ne…
These government banks have the worst service record, according to RBI approved body
Andhra Bank, Punjab and Sind Bank and State Bank of No matter whether the banks got a logo makeo…
SEBI proposes IPO-like blocking of funds facility for trading in secondary market to stop misuse
Capital markets regulator Sebi on Tuesday proposed to introduce a blocking of funds facility for tr…
PTI
RBI report flags large-scale variation in property tax collection across civic bodies
It may look surprising but it is a fact that the property tax revenue of the municipal bodies in De…
Loans worth ₹10,09,511 crores written off in last five financial years: Sitharaman
Scheduled commercial banks have written off loans amounting to Rs 10,09,511 crore in the last five …