RBI wants lenders to classify wilful defaulters within six months of an account turning NPA – The Hindu BusinessLine

https://www.thehindubusinessline.com/money-and-banking/rbi-wants-lenders-to-classify-wilful-defaulters-within-six-months-of-an-account-turning-npa/article67331329.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-wants-lenders-to-classify-wilful-defaulters-within-six-months-of-an-account-turning-npa/article67331329.ece Expands scope of regulated entities, broadens definition, refines identification process The Reserve Bank of India has issued a draft paper proposing revisions in the

GST Appellate Tribunals must kick off smoothly – The Hindu BusinessLine

https://www.thehindubusinessline.com/opinion/gst-appellate-tribunals-must-kick-off-smoothly/article67331531.ece Clipped from: https://www.thehindubusinessline.com/opinion/gst-appellate-tribunals-must-kick-off-smoothly/article67331531.ece Madras Tax Bar Association has rightly raised the issue of selection of its members, questioning recent legal changes Ever since GST assessments

Now, Indian medical graduates can practise in the US, Australia, Canada

https://www.business-standard.com/india-news/now-indian-medical-graduates-can-practise-in-the-us-australia-canada-123092100482_1.html Clipped from: https://www.business-standard.com/india-news/now-indian-medical-graduates-can-practise-in-the-us-australia-canada-123092100482_1.html The health ministry said that the recognition would allow Indian medical graduates to pursue postgraduate training and practise in other countries that

Savings declined but resulted in rise in assets: SBI chief economist

https://www.business-standard.com/economy/news/financial-savings-rate-down-as-households-shifted-money-to-physical-assets-123092101148_1.html Clipped from: https://www.business-standard.com/economy/news/financial-savings-rate-down-as-households-shifted-money-to-physical-assets-123092101148_1.html Recovery in real estate, rise in property prices attracted savings Photo: Pexels Listen to This Article The net financial savings of the

World eyes India’s sugar output as Centre tightens screws on traders

https://www.business-standard.com/economy/news/world-eyes-india-s-sugar-output-as-centre-tightens-screws-on-traders-123092101152_1.html Clipped from: https://www.business-standard.com/economy/news/world-eyes-india-s-sugar-output-as-centre-tightens-screws-on-traders-123092101152_1.html With the world sugar production in 2023-24 poised to go into deficit due to expected drop in production in Thailand, India remains

TruCap, HDFC Bank form co-lending tie-up for underserved MSME borrowers

https://www.business-standard.com/finance/news/trucap-hdfc-bank-form-co-lending-tie-up-for-underserved-msme-borrowers-123092200009_1.html Clipped from: https://www.business-standard.com/finance/news/trucap-hdfc-bank-form-co-lending-tie-up-for-underserved-msme-borrowers-123092200009_1.html Industry estimates indicate that the MSME sector has an overall credit demand of Rs 69.3 trn, growing at a CAGR of 11.5%

RBI’s stringent norms: Wilful defaulters must be identified within 6 months

https://www.business-standard.com/finance/news/wilful-defaulter-must-be-identified-within-six-months-after-npa-tag-123092101223_1.html Clipped from: https://www.business-standard.com/finance/news/wilful-defaulter-must-be-identified-within-six-months-after-npa-tag-123092101223_1.html NBFCs, co-op banks allowed to name defaulters Photo: Bloomberg The Reserve Bank of India (RBI) on Thursday said lenders would have to

Beginnings of a new e-ra: The Digital Personal Data Protection Act, 2023 | The Financial Express

https://www.financialexpress.com/business/digital-transformation-beginnings-of-a-new-e-ra-the-digital-personal-data-protection-act-2023-3244966/ lipped from: https://www.financialexpress.com/business/digital-transformation-beginnings-of-a-new-e-ra-the-digital-personal-data-protection-act-2023-3244966/ Reportedly, the act has proposed a grievance redressal mechanism which enables individuals to file grievances X By Prashant Phillips, Sameer Avasarala, and

A reasonable legislation: India has created very specific nuances in the new data protection law | The Financial Express

https://www.financialexpress.com/opinion/a-reasonable-legislation-india-has-created-very-specific-nuances-in-the-new-data-protection-law/3229146/ Clipped from: https://www.financialexpress.com/opinion/a-reasonable-legislation-india-has-created-very-specific-nuances-in-the-new-data-protection-law/3229146/ There is still considerable room for fine-tuning While India has come a long way, there is still more to be achieved. (IE)

Government gets ready with data protection act rules | The Financial Express

https://www.financialexpress.com/business/digital-transformation-government-gets-ready-with-data-protection-act-rules-3233314/ lipped from: https://www.financialexpress.com/business/digital-transformation-government-gets-ready-with-data-protection-act-rules-3233314/ Government has finalised the rules for implementing DPDP Act Rajeev Chandrasekhar is the Minister of state for electronics and information technology Minister

Auguring well for data privacy: The Digital Personal Data Protection Bill 2023 shows an evolution in legislative reasoning | The Financial Express

https://www.financialexpress.com/opinion/auguring-well-for-data-privacy-the-digital-personal-data-protection-bill-2023-shows-an-evolution-in-legislative-reasoning/3208245/ Clipped from: https://www.financialexpress.com/opinion/auguring-well-for-data-privacy-the-digital-personal-data-protection-bill-2023-shows-an-evolution-in-legislative-reasoning/3208245/ Though the government has emphasised on how the latest DPDP Bill is a significant improvement on the PDP Bill 2019, there are

What’s so personal about Digital Personal Data Protection Bill? | The Financial Express

https://www.financialexpress.com/business/blockchain-whats-so-personal-about-digital-personal-data-protection-bill-3209636/ lipped from: https://www.financialexpress.com/business/blockchain-whats-so-personal-about-digital-personal-data-protection-bill-3209636/ Data Protection Bill (DPDPB) and cross-border information exchange might present challenges X With Digital Personal Data Protection Bill (DPDPB), 2023, passed by

What is so data driven about Digital Personal Data Protection Bill, 2023 | The Financial Express

https://www.financialexpress.com/business/blockchain-what-is-so-data-driven-about-digital-personal-data-protection-bill-2023-3204102/ Clipped from: https://www.financialexpress.com/business/blockchain-what-is-so-data-driven-about-digital-personal-data-protection-bill-2023-3204102/ From what it’s understood, the bill intends to drive the market around data-focussed corporations Reportedly, the bill was approved in Lok Sabha

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