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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...
Air India collaborates with Microsoft for improving productivity, cost savingsThe rollout of Microsoft technologies enterprise-wide will enable every employee of the airline to connect, communicate, and collaborate wi...
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...
Promoter offloads 10 lakh shares of PI Industries for Rs 315 croreThe entities that purchased the stake are -- Mirae Asset MF, Sundaram MF, Tara Emerging Asia Liquid Fund, Morgan Stanley Asia Singapore Pte...
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...
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...
Sebi levies Rs 25 lakh fine on 5 entities in illiquid stock options case at BSEThe orders came after Sebi observed large scale reversal trades in the stock options segment of BSE, leading to the creation of artificial ...
Forex reserves down by $4.531 billion to $629.755 billionIn the previous week ended January 21, the reserves had decreased by USD 678 million to USD 634.287 billion. It touched a lifetime high of ...
Bank credit growth decelerates to 5.6 per cent in MarchCombined credit by bank branches in top six centres (Greater Mumbai, Delhi, Bengaluru, Chennai, Hyderabad and Kolkata) declined marginally ...
RBI slaps Rs 10 lakh penalty on four co-operative banks for issues in regulatory complianceA penalty of Rs 5 lakh has been imposed on Jowai Co-operative Urban Bank Limited. The RBI has also imposed penalty of Rs 2 lakh each on The...
Regulators to take necessary action to preserve financial stability: FSDC sub-committeeThe sub-committee also reviewed the major developments in the global and domestic economy and financial markets that impinge upon financial...
IHCL to foray into home delivery of food and beverages"Very shortly, we will also be announcing our plans to begin delivering our products to customers. All of this is aimed at helping take our...
Account Based Marketing: Ready or Not?Recently, Rohit Lal name changed , the General Manager - Marketing Communications of a large Indian information management company got in t...
Production of Rs 10 coins halted temporarily on adequate stocks: GovtThere is no plan to stop production of coins, Finance Minister Arun Jaitley said in a written reply dated February 2 and made available tod...
ESOPs should be taxed only when benefits are realised: ReportCompanies offer stocks to their employees by way of Employee Stock Option Plans (ESOPs).
- ABM bags Rs 63.32 cr e-governance contract by MCGM
The scope of work includes supply, implementation of SAP licences along with post implmentation support. The contract has to be executed in...