The amendments have been brought in IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 and IBBI (Liquidation Process) Regulations, 2016 on 15th and 12th February 2024 for strengthening liquidation process
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This conference provided a platform for discussion and analysis of Customs functioning and further requirements of business process simplification, automation and infrastructure toward India's vision of 2047
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A CRR exemption on these deposits will free up more funds for banks to lend to environmentally friendly projects
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Union Bank of India receives bids for four stressed loans from ACCIL Corporation, Jaypee Healthcare, SDB Developers and Gammon India, at less than half the value of the loans
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Public shareholding in Max Financial is 94 per cent, dominated by mutual funds and retail investors. Axis Bank group made alleged illegal gains worth thousands of crores through an unvalued share purchase deal with Max Financial
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Driven by digital the Indian insurance sector is evolving to the next level of technology maturity and looking at harnessing the disruptive power of AI and automation
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This move came following the RBI's directive to cease accepting deposits or top-ups in any customer accounts, wallets, FASTags and other instruments after 29 February 2024
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The preference for health insurance as a tax-saving option is on the rise in non-metro areas, emphasising its increasing appeal beyond major cities
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