Regulatory intervention must ensure that the objectives sought to be achieved do not cause disparate inconvenience to and exclusion of customers, especially those who are not technologically savvy, or cause harm to the revenue of industries far beyond the realm of its regulatory ambit.
Read More
Fintechs should be subjected to the same regulatory regime as banks, Sankar said.
Read More
The lower court had remanded them in 14-day judicial custody and said they did not deserve any sympathy for being women. The three are currently lodged at the Byculla women's prison in Mumbai.
Read More
The Secured and Unsecured NCDs come with a face value of Rs.1,000 each. The issue includes a Base Issue Size for an amount of up to Rs. 75 crore with an option to retain oversubscription up to Rs. 75 crore aggregating up to Rs.150 crore. The Lead Manager of the Issue is Vivro Financial Services.
Read More
The customers can onboard the BPCL PetroBonus loyalty platform and accrue handsome loyalty points (Petromiles). This will earn them 10 PetroMiles on every fuel transaction worth INR 100, which they can redeem for Rewards through BPCL SmartDrive app.
Read More
In the case of Dewan Housing Finance Corporation Ltd. (DHFL), the Reserve Bank of India (RBI) took control of the company by appointing an administrator and took the company to Insolvency and Bankruptcy Code (IBC) process.
Read More
From 52 million credit card users in 2019, and 57.3 million in 2020, the overall credit card in circulation has reached 64 million in 2021.
Read More
Through its robust and extensive network of 650 branches and more than 136,000 banking access points, IPPB will make LICHFL’s home loan products accessible to its customers pan-India, the Ministry of Communications said in an official statement.
Read More
Export-Import Bank of India (India Exim Bank), along with Japan Bank for International Cooperation (JBIC) and Pharmaceutical Export Promotion Council of India (Pharmexcil) conducted a webinar on September 01, 2021, on ‘Innovative Funding Structures and Assistance for Manufacturers of COVID-19 related Pharma Products’.
Read More
The SC said that contempt is between the court and the contemnor isn't there to start hatred activity against senior authorities or officials of banks.
Read More
