Banking and Finance

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SEBI reveals framework for the creation of a fund for stressed debt schemes

SEBI Rolled out Framework for CDMDF; mandates FPIs to disclose LEI...

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HDFC Bank overtakes SBI in CRISIL's corporate banking ranking for 2023

CRISIL’s 2023 Greenwich Share and Quality Leaders: HDFC Bank Tops in...

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Canara Bank, major lender to State PSUs and corporations for fifth year in a row

Canara Bank Became Top PSB with Highest Lending to Corporate and...

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Justice Alok Aradhe takes oath as Chief Justice of Telangana High Court and 3 other high courts get new chief justices

GoI appointed New Chief Justices to High Courts of Gujarat, Kerala,...

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7.6% growth for 25 years to make India a developed nation

India’s real GDP should grow at 7.6% a year for 25...

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Sebi mandates certification for ESG rating providers within six months

SEBI mandates Certification for ESG rating providers within 6 months; Tightens...

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RBI To Allow Customers To Choose Card Networks Like Visa, Mastercard, And RuPay

RBI allows Card Network Portability from Oct 1, 2023

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HDFC Bank completes merger with HDFC after final board approval

Merger Between HDFC Ltd and HDFC Bank Ltd Receives Final Board...

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RBI’s financial stability report masks the malaise in Indian banking

Highlights of RBI’s 27th Financial Stability Report, June 2023

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SEBI Board Meeting Highlights

Highlights of SEBI Board Meeting: Reduction of public issue listing timelines;...

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World Bank approves USD 1.5 bln financing for India's low-carbon transition

World Bank Approves USD1.5 Billion to Support India’s Low-Carbon Transition

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World Bank approves USD 391 mln

World Bank Approves USD 391 Million in Financing for Assam and...

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SEBI unveils ASBA-like facility for trading in secondary market

SEBI unveils ASBA-like facility for Trading in Secondary Market

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LIC launches close-ended ‘Dhan Vridhhi’ plan

LIC launches close-ended ‘Dhan Vridhhi’ plan and Sold 2.07% stake in NMDC...

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SEBI moots standardisation for valuing AIF portfolio assets

SEBI –  Issues standardisation for valuing AIF portfolio assets & Barred...

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SEBI makes timeline for filling KMP vacancies more stringent

SEBI – Introduced 3 Months Timeline for Listed Entities to Fill...

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MFs can now participate in repos on Commercial Papers, Certificate of Deposits

SEBI Allows MFs to Participate in Repo Transactions and Issues Framework...

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Highlights of 2nd bi-monthly monetary policy meeting of FY24

Highlights of the 2nd Bi-Monthly Monetary Policy of FY24

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SIDBI launched Mission EVOLVE to finance MSMEs in the EV sector

SIDBI ने MSME के लिए EV को वित्तपोषित करने के लिए...

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SIDBI launched Mission EVOLVE to finance MSMEs in the EV sector

SIDBI Launched Mission EVOLVE to finance MSMEs for EVs;  GAME Received...

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RBI annual report Most frauds hit private lenders but PSU banks outweigh in fraud amount

RBI की एनुअल रिपोर्ट 2022-23: RBI की आय में 47.06% की...

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RBI annual report Most frauds hit private lenders but PSU banks outweigh in fraud amount

RBI’s Annual Report 2022-23: RBI’s Income Increased by 47.06%; PSBs Contribute...

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SEBI issues norms for transactions in corporate bonds through RFQ platform

SEBI Issued Guidelines for Transactions in Corporate Bonds through RFQ platform...

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Bank of Maharashtra top performer in NPA management

Bank of Maharashtra top performer in NPA management during FY23

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rbi cancels certificate of registration of 7 nbfcs

RBI cancels Certificate of Registration of 7 NBFCS, 14 Surrender Permits

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Tide and Transcorp launch India's-first Recycled PVC RuPay Card

Tide and Transcorp launch India’s-first Recycled PVC RuPay Card

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2000 currency notes withdrawn

RBI withdrew Rs 2,000 banknote from Circulation; Exchange/Deposit until September 30, 2023

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Credit card spend in forex to come under LRS, and taxed 20%

Govt Included ICCs Spending Outside India under RBI’s LRS & Levied...

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RBI, BIS launch fourth edition of G20 TechSprint competition

RBI, BISIH Jointly Launches G20 TechSprint 2023; RBI Updates KYC instructions...

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India needs carbon pricing system, tax to grow green finance

RBI’s Report On Currency And Finance 2022-23 Suggests Carbon Pricing system...

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Neobanking startup Jupiter has secured a NBFC licence from RBI

RBI granted NBFC licence to Neobanking Jupiter; Cancels Adoor Co-operative Urban...

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HDFC Bank gets RBI relief on PSL norms

HDFC Bank gets Relief from RBI on PSL norms; SEBI Approves...

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