Weight of sealed covers mistakenly added to gold’s, claim cops
Acharapakkam inspector detained based on info given by accused
Two men were arrested on Sunday in connection with the Arumbakkam bank robbery case, Chennai city police commissioner Shankar Jiwal told media on Monday.
The duo was nabbed when they were trying to flee the city in a car on Sunday night, sources said. Police officials could not be reached for comments.
Three armed robbers, including a staff, lock other employees inside toilet & loot locker
The RBI’s long-awaited regulatory framework for digital lenders offers much-needed clarity, complete with a grievance redressal mechanism and an Ombudsman scheme.
Sebi has also imposed a penalty of Rs 5 crore each on two former officials of Religare Enterprises, and a clutch of other related entities of the Singh brothers.
Rajnish Kumar also said the NBFCs will have to maintain capital adequacy norms, introduce core banking solutions and make adequate disclosures by 2025.
A towering presence in NBFC sector Irinjalakuda - headquartered ICL FINCORP hardly needs an introduction.
LIC increased its stake in Capri Global Capital from 5.04 per cent to 7.06 per cent at an average cost of Rs 624.61 per share.
These limits will be computed by averaging across four quarters of the financial year, to determine adherence to the prescribed cap, the circular said.
The Kerala High Court asked banks to go soft on students seeking loan while the apex court was lenient towards a set of NBFCs
The company announced a dividend of Rs 20 per share. Consolidated results include those of wholly-owned subsidiaries Bajaj Housing Finance and BFinsec.
The statement further said certain compliance requirements were overlooked/not complied with during the period between April 1, 2011 to March 31, 2018.
NBFCs cannot undertake the business of credit cards or their issuance without prior approval of the Reserve Bank of India (RBI), the regulator said on Thursday.
According to Andrade, the other beneficiary of the rising inflation is government, whose tax collections have soared due to higher prices and is thus in a better position to spend.
The proposed transaction will reduce the Bank’s exposure to unsecured loans
The bidders have two options - either they can bid for the entire RCL or any one or more than one of the eight subsidiaries of the NBFC firm.
Here are a few recommendations we believe will help the cause of real estate in general and housing demand in particular.