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Articles for Banking & Finance

Sebi May Allow AIFs To Pledge Shares In Investee Firms

Sebi wants to allow pledging for legitimate purposes, particularly in cases such as infrastructure

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Axis Bank Petitions NCLT For Zee Learn's insolvency proceedings

Although the exact amount claimed by Axis Bank has not been specified by Zee Learn, the company pledged to provide updates on further developments in this case

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Govt Orders Digital Platforms To Halt Ads Of Deceptive Loan Apps

Chandrasekhar, the Minister of State for Electronics and IT, emphasised that the IT ministry has explicitly communicated to these platforms that carrying advertisements of fraudulent loan apps is unacceptable, according to a media report

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AI-led Financing Approach Supporting Inclusive Finance In India's Diverse Landscape: Experts

The National Strategy for Financial Education (NSFE) and the National Strategy for Financial Inclusion (NSFI) both advocate for this encompassing strategy and underscore the urgency of strengthening financial literacy to enhance financial inclusion

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A Wrap Up Of Select Insurance Soundtracks Of 2023

Here’s a look at the four dominant trends that shaped the Life Insurance Sector in India this year

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RBI Proposes Streamlined Framework For Money Changers' Authorisation

The existing framework under the Foreign Exchange Management Act (FEMA) was last reviewed back in March 2006

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Fiscal Slippage Expected By Ind-Ra In FY24: 10 Basis Points

The nominal GDP projection of 10.8 per cent in the budget is challenged by an expected growth range of 9-9.5 per cent per cent per cent, with H1 at 8.6 per cent

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India's Current Account Deficit Narrows In July-Sept: RBI

The current account deficit from July to September amounted to 1.0 per cent of India's gross domestic product (GDP)

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