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FIT AND PROPER STATUS
SEBI relies on amended rules in Embassy REIT 'Fit and Proper' matter, tells Bombay HC no disqualification made outThe Securities and Exchange Board of India (SEBI) has told the Bombay High Court that its examination of complaints concerning the "fit and...- Psychology says people who keep postponing appliance maintenance may be falling into a predictable mental trapPutting off an AC service does not reveal someone’s personality on its own. The delay may have a straightforward explanation: servicing cou...
- Is longevity the new flex? Why the new wellness status game is all about health dataWellness has shifted from luxury retreats to daily personal management and longevity. Wearable technology now tracks health markers, encour...
- Quote of the day by Seneca: 'People waste their life preparing for a future that was never promised...' - Stoic philosopher’s life lesson on why we should not waste the present waiting for tomorrowQuote of the day by Seneca "People waste their life preparing for a future that was never promised, while the only life they truly own pass...
- Quote of the day by Confucius: 'Do not do to others what you do not want them to do to you' - A golden rule of life on how to treat other people fairly by the father of Confucianism philosophyQuote of the day by Confucius is a famous saying, “Do not do to others what you do not want them to do to you,” that offers a simple but la...
- Urban cooperative bank license applicants need a minimum Rs 300 crore of capital and Rs 10000 crore of deposits, says RBIThe Reserve Bank of India is resuming urban cooperative bank licenses after two decades. Eligible credit societies need a minimum capital o...
- Sebi disposes of case against Religare Enterprises, Saluja, other personsSebi has concluded legal actions against Religare Enterprises and its former chairperson. The regulator found no further directions were ne...
- Renting a home? Key rights every tenant and landlord should knowA recent Supreme Court ruling bolsters landlord positions in eviction disputes across India. This decision clarifies ownership proof requir...
- Fino Payments Bank defers MD Rishi Gupta's reappointment; awaits RBI reviewFino Payments Bank has paused the re-appointment of its Managing Director, Rishi Gupta. This decision comes as the Reserve Bank of India wi...
- Sebi asks Religare Enterprises to apply for regulatory approval for open offer by Burman GroupThe Burmans, who founded and control consumer goods conglomerate Dabur India, raised its stake in Religare to nearly 25% in September last ...
- Sebi notifies new 'fit and proper' criteria for exchanges, clearing corpsIn two separate notifications, the Securities and Exchange Board of India (Sebi) said that 'fit and proper person' criteria will apply to t...
- Sebi to tweak fit and proper criteria; to introduce silver ETFsIn addition, the board of Sebi approved an amendment to mutual fund rules to enable the introduction of silver ETFs with certain safeguards...
- RBI tightens CEO norms for urban cooperative banksThe rules gain significance considering that in many cooperatives the appointment is political, and the central bank is slowly tightening i...
- Yes Bank audit panel chief quits boardAgarwal, CA by profession, has been on the bank’s board since November 14, 2018.
- YES Bank says reviewing fit and proper status of Uttam Prakash AgarwalIn his resignation letter, Agarwal made certain observations on the bank's governance.
- PSBs can't push people of choice on their boardsThe central bank on Friday came out with new master directions on fit and proper guidelines for elected directors on the board of PSBs.
- Anand Rathi, Geofin Comtrade not 'fit and proper' to be commodity brokers: SebiEarlier, Sebi declared Motilal Oswal Commodities and IIFL Commodities as not ‘fit and proper'.
- National Housing Bank tells housing finance companies to improve governanceIndustry leaders, however, believe that NHB is now trying to regulate the smaller, unlisted and new entrants more effectively.
- RBI: Investors will need approval to buy 5% in banksIndia's settlements systems for banks and markets were largely operational, the RBI said, even after the majority of the 17,000 employees a...
- MCX Stock Exchange gets conditional one-year renewal; Sebi seeks business planThe regulator also asked the exchange to "take immediate steps to rectify the deficiencies pointed out in the systems audit as well as spec...
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