All payment system operators in the country will henceforth be required to store data within India to ensure safety and security of users' information, the RBI said today.
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The removal from the import list is a new blow for Axis, which has faced increased regulatory scrutiny in the last few months because of bad loans
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Private sector ICICI Bank board today approved redemption of 350 unlisted preference shares of Rs 1 crore each and decided to reclassify all kinds authorised share capital into equity.
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ICICI Bank's shares were down 6.3 percent at 260.75 rupees as of 0541 GMT after declining to 258.80 rupees, their lowest since late October
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Small Savings Scheme interest rates have witnessed a precipitous drop since 2013
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Fixed Income investors should consider building a 25% to 40% exposure to higher maturity debt funds at this stage, but in a staggered manner using weekly or fortnightly STP’s and over the course of 4-6 months
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Looking for investing in a tax saving instrument, but without investing into equities at this stage?
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It is alleged that the loans were issued without proper loan documents, without conducting pre-sanction and post sanction inspections and without ascertaining the end use of the loan
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