RBI offices, bank branches for govt biz to stay open on Mar 30& 31 Special clearing operations for cheques
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SROs must promote a culture of compliance among members, says RBI
SROs must promote a culture of compliance among members, says RBI The membership criteria of the SRO would be as prescribed by RBI at the time of inviting the application for each category/class of REs
Read More »Fund pick: ICICI Pru Short Term Fund
Fund pick: ICICI Pru Short Term Fund Fund pick of ICICI Pru Short Term Fund
Read More »Banks should pass reasoned orders while declaring entity defaulter: HC
Banks should pass reasoned orders while declaring entity defaulter: HC The Bombay High Court has said banks and financial institutions should pass reasoned orders before declaring an entity or person a wilful defaulter under the Reserve Bank of India’s Master Circular. A division bench of Justices B P Colabawalla and Somasekhar Sundaresan, in its order on March 4, noted that ...
Read More »Regulatory overreach? Sebi and RBI acting tough to restore credibility
Regulatory overreach? Sebi and RBI acting tough to restore credibility Fintech firms in Bengaluru are complaining about regulatory overreach, as is the traditional finance industry in Mumbai.
Read More »RBI Guv, Sebi head meet FM ahead of interest rate meet next month
RBI Guv, Sebi head meet FM ahead of interest rate meet next month Reserve Bank Governor Shaktikanta Das on Wednesday called on Finance Minister Nirmala Sitharaman, ahead of the central bank’s interest rate-setting panel meeting next month. The minister separately held a meeting with Sebi Chairperson Madhabi Puri Buch at her North Block office, according to a post by Sitharaman’s ...
Read More »Collection efficiency for personal loans reduces in December: ICRA
Collection efficiency for personal loans reduces in December: ICRA Earlier, in October 2023, Reserve Bank of India Governor Shaktikanta Das had flagged the high growth in certain components of consumer credit, of which personal loans are a component
Read More »What is a H1B visa? Who gets it, and how?
What is a H1B visa? Who gets it, and how? Requirements for obtaining an H-1B visa, including job offer specifics and educational qualification
Read More »Infra lender NaBFID considers bond sale to raise up to $4.8 billion
Infra lender NaBFID considers bond sale to raise up to $4.8 billion NaBFID, as the institution is called, is likely to sell bonds with tenors spanning from 10 to 20 years in the financial year starting April 1, the people said
Read More »Net direct tax collections rise 20% at Rs 18.9 trillion till March 17
Net direct tax collections rise 20% at Rs 18.9 trillion till March 17 At Rs 18.9 trillion, collection accounted for over 97 per cent of the revised estimates at Rs 19.45 trillion
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