Sebi bars JM Financial from acting as lead manager of debt issue | Investment – Business Standard

https://www.business-standard.com/finance/investment/sebi-bars-jm-financial-from-acting-as-lead-manager-for-public-debt-issue-124030701087_1.html Clipped from: https://www.business-standard.com/finance/investment/sebi-bars-jm-financial-from-acting-as-lead-manager-for-public-debt-issue-124030701087_1.html Shares of JM Financial tanked by 20 per cent following the RBI order on Wednesday. Later, the stock recouped the bulk of

Rs 820 crore Uco bank scam: CBI conducts second round of searches | Company News – Business Standard

https://www.business-standard.com/companies/news/cbi-conducts-searches-at-67-locations-in-raj-maha-in-uco-bank-imps-scam-124030700564_1.html Clipped from: https://www.business-standard.com/companies/news/cbi-conducts-searches-at-67-locations-in-raj-maha-in-uco-bank-imps-scam-124030700564_1.html The CBI has filed the FIR against Avishek Srivastava and Supriya Mallick, Support Engineers in the Mangaluru-based LCode Technologies, it said “Due

“Cashless everywhere”, ease of hospitalisation initiative, runs into hiccups  – The Hindu BusinessLine

https://www.thehindubusinessline.com/money-and-banking/cashless-everywhere-ease-of-hospitalisation-initiative-runs-into-hiccups/article67925119.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/cashless-everywhere-ease-of-hospitalisation-initiative-runs-into-hiccups/article67925119.ece Doctors have pointed to difficulties in aligning products and procedure rates with that outlined for reimbursement by health insurance companies, leading to

RBI’s VRR auction sees huge demand amid liquidity fluctuation – The Hindu BusinessLine

https://www.thehindubusinessline.com/money-and-banking/rbis-vrr-auction-sees-huge-demand-amid-liquidity-fluctuation/article67925493.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbis-vrr-auction-sees-huge-demand-amid-liquidity-fluctuation/article67925493.ece At the VRR auction on Thursday, the RBI received bids from banks aggregating ₹1,43,063 crore to draw funds against the notified amount

RBI warns banks against activating unsolicited credit cards, mandates consent before issuance – The Hindu BusinessLine

https://www.thehindubusinessline.com/money-and-banking/rbi-warns-against-activating-unsolicited-credit-cards-mandates-consent-before-issuance/article67925578.ece lipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-warns-against-activating-unsolicited-credit-cards-mandates-consent-before-issuance/article67925578.ece RBI issues FAQs on Master Direction: Credit Card and Debit Card Card issuers are prohibited from issuing unsolicited credit cards and are

RBI’s VRR auction sees huge demand amid liquidity fluctuation – The Hindu BusinessLine

https://www.thehindubusinessline.com/money-and-banking/rbis-vrr-auction-sees-huge-demand-amid-liquidity-fluctuation/article67925493.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbis-vrr-auction-sees-huge-demand-amid-liquidity-fluctuation/article67925493.ece At the VRR auction on Thursday, the RBI received bids from banks aggregating ₹1,43,063 crore to draw funds against the notified amount

SEBI bars JM Financial from acting as lead manager to new public debt issues – The Hindu BusinessLine

https://www.thehindubusinessline.com/money-and-banking/sebi-bars-jm-financial-from-acting-as-lead-manager-to-new-public-debt-issues/article67925542.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/sebi-bars-jm-financial-from-acting-as-lead-manager-to-new-public-debt-issues/article67925542.ece JM Financial will have 21 days to file its reply Two days after the Reserve Bank of India asked JM Financial Products to

RBI warns banks against activating unsolicited credit cards, mandates consent before issuance – The Hindu BusinessLine

https://www.thehindubusinessline.com/money-and-banking/rbi-warns-against-activating-unsolicited-credit-cards-mandates-consent-before-issuance/article67925578.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-warns-against-activating-unsolicited-credit-cards-mandates-consent-before-issuance/article67925578.ece RBI issues FAQs on Master Direction: Credit Card and Debit Card Card issuers are prohibited from issuing unsolicited credit cards and are

Delhi High Court issues contempt notice to Go First RP – The Hindu BusinessLine

https://www.thehindubusinessline.com/economy/logistics/delhi-high-court-issues-contempt-notice-to-go-first-rp/article67925567.ece Clipped from: https://www.thehindubusinessline.com/economy/logistics/delhi-high-court-issues-contempt-notice-to-go-first-rp/article67925567.ece Go First shut operations last May. While it awaits revival, the airline’s lessors are locked in litigation on issues such as non

RBI’s crackdown on retail loan malpractices is welcome – The Hindu BusinessLine

https://www.thehindubusinessline.com/opinion/editorial/rbis-crackdown-on-retail-loan-malpractices-is-welcome/article67924554.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/rbis-crackdown-on-retail-loan-malpractices-is-welcome/article67924554.ece The RBI is ensuring that banks and NBFCs get ample time to rectify their processes. This will help avert systemic risk and

Keep records, communicate: Dealing with unclaimed insurance policies | Personal Finance – Business Standard

https://www.business-standard.com/finance/personal-finance/keep-records-communicate-dealing-with-unclaimed-insurance-policies-124030701018_1.html Clipped from: https://www.business-standard.com/finance/personal-finance/keep-records-communicate-dealing-with-unclaimed-insurance-policies-124030701018_1.html Policyholders must keep their families informed about the investments they make Unclaimed funds remain with the insurance provider until rightful beneficiaries or

Delhi HC issues contempt notice to Go First RP over maintenance of aircraft | Company News – Business Standard

https://www.business-standard.com/companies/news/delhi-hc-issues-contempt-notice-to-go-first-rp-over-aircraft-maintenance-124030701064_1.html Clipped from: https://www.business-standard.com/companies/news/delhi-hc-issues-contempt-notice-to-go-first-rp-over-aircraft-maintenance-124030701064_1.html Go First RP had earlier cited lack of funds for the inability to retain aircraft maintenance staff Representational image Listen to This

Sebi bars JM Financial from acting as lead manager of debt issue | Investment – Business Standard

https://www.business-standard.com/finance/investment/sebi-bars-jm-financial-from-acting-as-lead-manager-for-public-debt-issue-124030701087_1.html Clipped from: https://www.business-standard.com/finance/investment/sebi-bars-jm-financial-from-acting-as-lead-manager-for-public-debt-issue-124030701087_1.html Shares of JM Financial tanked by 20 per cent following the RBI order on Wednesday. Later, the stock recouped the bulk of

After muted Q3 results, HDFC Bank stock may have bottomed out | Stock Market Today – Business Standard

https://www.business-standard.com/markets/stock-market-news/hdfc-bank-stock-may-have-bottomed-out-in-mid-february-124030701074_1.html Clipped from: https://www.business-standard.com/markets/stock-market-news/hdfc-bank-stock-may-have-bottomed-out-in-mid-february-124030701074_1.html However, HDFC Bank seems to have bottomed out in mid-February when it hit a 52-week low of Rs 1,363 The HDFC Bank-HDFC

Monitor end use of funds for business cards, says Reserve Bank of India | Banking – Business Standard

https://www.business-standard.com/industry/banking/monitor-end-use-of-funds-for-business-cards-says-reserve-bank-of-india-124030701191_1.html Clipped from: https://www.business-standard.com/industry/banking/monitor-end-use-of-funds-for-business-cards-says-reserve-bank-of-india-124030701191_1.html No need to approval for co-branded cards ILLUSTRATION: AJAY MOHANTY Listen to This Article Banks that issue business credit cards will have

Improving public trust in corporates vital for India’s ‘Viksit Bharat’ goal by 2047, says MCA Secretary Manoj Govil – The Hindu BusinessLine

https://www.thehindubusinessline.com/economy/improving-public-trust-in-corporates-vital-for-indias-viksit-bharat-goal-by-2047-says-mca-secretary-manoj-govil/article67917561.ece Clipped from: https://www.thehindubusinessline.com/economy/improving-public-trust-in-corporates-vital-for-indias-viksit-bharat-goal-by-2047-says-mca-secretary-manoj-govil/article67917561.ece Engaged with ICAI in last three months to realise PM’s vision of having India’s own home-grown big audit firms The corporate sector

‘Ethical hacking is going to be the next big employment opportunity,’ says IIT Madras’ Director – The Hindu BusinessLine

https://www.thehindubusinessline.com/on-campus/ethical-hacking-is-going-to-be-the-next-big-employment-opportunity-says-iit-madras-director/article67920044.ece Clipped from: https://www.thehindubusinessline.com/on-campus/ethical-hacking-is-going-to-be-the-next-big-employment-opportunity-says-iit-madras-director/article67920044.ece Like Chartered Accountants sign audited reports, in the future there will be certified cyber audited professionals to sign cyber audit reports, says

Let customers decide: RBI tells card issuers on choice of card network affiliation – The Hindu BusinessLine

https://www.thehindubusinessline.com/money-and-banking/let-customers-decide-rbi-tells-card-issuers-on-choice-of-card-network-affiliation/article67920794.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/let-customers-decide-rbi-tells-card-issuers-on-choice-of-card-network-affiliation/article67920794.ece The move will potentially lead to increased competition and lower merchant discount rates The central bank observed that some arrangements currently existing

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