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SBI, HDFC Bank don’t want sensitive data made publicAdvocate Sanjay Kapur, said, “In view of the judgment in Jayantilal N Mistry case, the RBI is seeking disclosure of confidential and sensit...
UCO Bank yet to undertake asset quality study, cites SC order for delayUCO Bank MD and CEO A K Goel had earlier said the lender would like to ascertain its asset quality, once the moratorium period ceases on Au...
Three year old Amtek Auto case nears completionThe three year old case for the resolution of bankrupt Amtek Auto could finally see completion this week after the Supreme Court (SC) refus...
What does the SC verdict mean for cryptocurrency, fintech innovations?SC verdict gives a thumbs-up to the crypto exchanges and crypto as an asset class.
Kotak Mahindra Bank moves NCLT against BILT unitBILT Graphic was on the so-called second list of 29 defaulting companies of RBI.
RBI unlikely to challenge SC order, may revise circularThe central bank is unlikely to challenge the SC order.
What SC verdict means for banks, companies and RBINo impact related to accounts mentioned in the first and second RBI lists.
Power stocks rally after SC quashes RBI’s Feb 12 circular on NPAThe RBI circular had earlier directed banks to refer any loan account over Rs 2,000 crore under the Insolvency and Bankruptcy Code (IBC) if...
Government, RBI in talks to allow use of QR code-based 'offline Aadhaar'The move is significant as it will also benefit financial technology companies that have been prodding the government to amend the law to m...
RBI seeks time till Nov 26 to respond to CIC's show-cause noticeThe RBI has been denying the information citing the clauses of economic interests of the state, the commercial confidence and the informati...
Why is CIC’s notice to RBI on NPA mess creating a flutterAccusing RBI of hiding names of high-profile loan defaulters, CIC has said that the central bank must adhere to a Supreme Court order manda...
RBI opts out of panel on stressed power assetsThe committee met for the second time on Friday after its first meeting on August 31 and discussed measures to alleviate the sectoral stres...
Some power firms taken to NCLT just before SC orderAmong the petitioners were associations of power, sugar and shipyard companies.
Supreme Court puts homebuyers first, stalls RBI plan to move against JaypeeThe court listed the matter for further hearing on February 5. We are not concerned how the IBC operates. Homebuyers must get their house o...
Demonetisation: Can't hear pleas of cooperative banks or grant relief, says Bombay High CourtVM Thorat, counsel for Solapur co-operative bank, argued that the apex court had orally refused to grant interim relief of stay on all the ...
RBI asks banks to lay down clear policy on stressed asset saleTo further strengthen banks' ability to resolve their stressed assets effectively, RBI has come out with an "improved framework" governing ...
RBI permission required for shareholding change of asset reconstruction companiesThe aggregate transfer should be 10 per cent or more of the total paid up share capital by a sponsor during the period of five years.