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Govt allows direct listing of Indian cos on international exchanges of GIFT IFSCThe government on Wednesday permitted the direct listing of securities by Indian companies on international exchanges of GIFT IFSC to boost...- RBI to promote innovation in financial sector, says Governor Shaktikanta DasDas advised fintechs to pay close attention to governance, business conduct, data protection, customer centricity, regulatory compliance an...
- RBI imposes Rs 1.25 crore penalty on Zoroastrian Co-operative BankIn a separate release, the RBI said a penalty of Rs 20 lakh has been imposed on Indian Mercantile Co-operative Bank, Lucknow for non-compli...
- RBI asks large UCBs to appoint chief compliance officersCompliance risk is the risk of legal or regulatory sanctions, material financial loss or loss of reputation a UCB may suffer as a result of...
- RBI imposes penalties on 3 entities for non-complianceIn another release, it said a penalty of Rs 59.10 lakh has been imposed on Woori Bank for non-compliance with RBI's directions on 'Creation...
- RBI imposes restrictions on 3 co-op banksIn another statement, it said that depositors of The Karmala Urban Co-operative Bank, Solapur, can only withdraw up to Rs 10,000 from their...
- RBI imposes penalties on Federal Bank, Bank of IndiaAbout Federal Bank, RBI said the bank failed to ensure that no incentive (cash or non-cash) was paid to its staff engaged in insurance brok...
- Cooperative sector can play important role in making India self-reliant: Amit ShahAddressing a conference to commemorate the 100th International Day of Cooperatives here, the minister highlighted that the Modi government ...
- Operating profit growth of listed firms decelerated in Q4 of FY22: RBI dataOperating profit of manufacturing companies decelerated sharply to 7 per cent in the fourth quarter of last fiscal as against 70 per cent i...
- Rate hike signals RBI wants to act quickly before inflation derails growth, say expertsAccording to V Swaminathan, Executive Chairman, Andromeda and Apnapaisa, the rate hike was on the cards as the policymakers were under imme...
- Reserve Bank's MPC to meet 6 times next fiscal; first meeting scheduled for April 6-8According to the schedule released by the RBI on Wednesday, the first bi-monthly monetary policy of 2022-23 is scheduled for April 6-8, and...
- RBI launches surveys to gather inputs for monetary policyAnnouncing the launch of March 2022 round of Inflation Expectations Survey of Households (IESH), RBI said the survey aims at capturing subj...
- Deposits in Jan Dhan accounts cross Rs 1.5 lakh croreAs per the latest finance ministry data, the total balance in over 44.23 crore Pradhan Mantri Jan Dhan Yojana (PMJDY) accounts was at Rs 1,...
- Post COVID compliance audits by supreme audit institutions helped improve pandemic management: CAG Girish Chandra MurmuComptroller and Auditor General Girish Chandra Murmu also emphasised the role of compliance audit in building strong institutions. He also ...
- Lok Sabha passes bill to amend general insurance law without debateNew Delhi, Aug 2 (PTI) A bill to amend the general insurance law to allow the government to pare its stake in state-owned insurers was pass...
- Farm households' average debt at Rs 47,000: GovernmentMore than half the households engaged in farming are in debt with an average loan burden of Rs 47,000, Parliament was informed today.
- Strong action against those disturbing communal harmony: GovernmentAs per the information provided in the House, 72 communal incidents were reported in October, 49 in November and 33 in December. But the in...
- OECD suggests weakening of growth in IndiaParis-based think tank said leading indicators point towards weakening growth in India though it forecast rapid recovery in rich nations.
- Industry investment plan on track despite rate hike: FicciCorporate India is "brimming with confidence," keeping investment on track with strong balance sheet and a buoyant capital market in the ne...
- About 30% Indian firms may cut jobs up to a fifth: PHDCCIAbout a third of India Inc may reduce its workforce by up to 20 per cent if the gloomy economic scenario persists during the year, a survey...
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