This was the first meeting of the FSDC, which comprises RBI Governor and other financial sector regulators, since the coronavirus outbreak.

The move will help bridge the information gap faced by bidders and is expected to generate more interest from international companies in th...

The FSDC sub-committee chaired by RBI Governor Das also discussed issues related to financial frauds.

Timelines have already run beyond what is permitted by the law in many cases.

The 27-month programme is expected to set global benchmark for insolvency professionals.

"The haircut has to be seen from the enterprise value angle and not from the claims angle," said Injeti Srinivas, Secretary, Ministry of Co...

Before time was called in some of the cases, various benches of the NCLT approved revival plans for five bad loans.

The development comes at a time when nearly 300 cases have been admitted for resolution by the National Company Law Tribunal.

The announcement is expected early this month as current chairman UK Sinha’s term comes to an end on February 17, according to people aware...

RBI had earlier announced a panel under Nachiket M Mor, Director of Central Board, for payments banks.

RBI has received as many as 72 applications for ‘small finance banks’ and 42 applications for ‘payments banks’ — entities that are aimed at...

Ramesh Abhishek was today given a three-month extension as the chairman of the Forward Markets Commission.

The benefits of these underlying assets, capital gains or interest, accrue to the investor that holds the depository receipts.

The scheme, based on recommendations of MS Sahoo panel would allow overseas issuances of depository receipts with underlying debt by listed...

The government is carrying out a comprehensive review of rules governing foreign currency convertible bonds (FCCBs) and depository receipts.

Much to the disappointment of a few investors and brokers, the FMC directed NSEL to upload the settlement calendar on its website.

The airlines would have to rework the terms of the deal and may also have to make an open offer if Sebi wants an open offer.