Banks have disbursed Rs 35,000 crore in loans under the Emergency Credit Line Guarantee Scheme. This initiative supports MSMEs and industri...

Borrowers struggling with debt often face harassment from recovery agents through abusive calls, threats, public shaming, and unauthorised ...

ECLGS 5.0 is meant to cushion MSMEs from the impact of the US-Iran war, but will it really help small businesses, industry questions.

Bombay High Court ruled in favour of six employees seeking higher pensions. The court stated the Employee Provident Fund Organisation (EPFO...

A State Bank of India customer was defrauded of ₹1.99 lakh after attempting a ₹20 electricity bill payment. The National Consumer Disputes ...

European Union is launching an age-verification app to shield children online. India's Karnataka state has banned social media for under-16...

The Jan Vishwas Bill has been passed by the Lok Sabha. This legislation aims to decriminalize minor offenses across many central laws. It r...

Housing societies cannot block online deliveries like Amazon or Zomato for unpaid maintenance dues. Legal experts clarify that such actions...

RBI has shortened the timeframe for classifying wilful defaulters. Banks now have six months to complete the process. This decision aims to...

The regulator has proposed to put in place a framework to ensure identification of each client’s collateral.

A core Settlement Guarantee Fund is a corpus used for settlement of trades during defaults and all intermediaries.

NCDEX is country’s largest agri-derivatives exchange and 2nd -largest commodity derivatives bourse.

EOW is verifying whether it could attach brokers’ assets whose value corresponds to the brokerage earned from trading on NSEL under the Mah...

MCX is the leading commodity bourse that offers derivative trading in commodities.

The CEOs of the banks have been asked to appear before the next PAC meeting scheduled for February 27 in Chennai, the city where the two ba...

The contribution would be different for different segments and would be taken from the free collateral already provided by the clearing mem...

Wilful defaulters can't recast loans with existing lenders.