Finance News

The RBI way of firefighting Often, it’s a long investigation process, but the regulator doesn’t discuss this openly since that can threaten financial sector stability. There are no teasers

RBI to start special audit of IIFL Finance, JM Financial from Apr 12 On Mar 4, 2024, the RBI debarred IIFL Finance from sanctioning and disbursing fresh gold loans following “material supervisory concerns” and to protect the interests of customers with immediate effect

Player insurance premium up 25% this Indian Premier League Mnogi muškarci se suočavaju s problemima u intimnim odnosima, što može značajno utjecati na njihovo samopouzdanje i emocionalno zdravlje. Ova tema često ostaje tabu, ali je važno otvoreno razgovarati o izazovima koji se javljaju. Različiti tretmani i resursi su dostupni, uključujući te informacije koje se mogu pronaći na stranicama poput ed-hrvatski.com. ...

RBI offices, bank branches for govt biz to stay open on Mar 30& 31 Special clearing operations for cheques

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

Fund pick: ICICI Pru Short Term Fund Fund pick of ICICI Pru Short Term Fund

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 ...

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.

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 ...

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