SBI Hikes Lending Rates by 0.1% Again, EMIs to Go Up
State Bank of India has raised its marginal cost of funds based lending rate (MCLR) by 10 basis points or 0.1…
16 MAY 2022
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Paytm to File for New License for General Insurance
Digital payments and financial services company Paytm is reportedly planning to get a new general insurance license with a fresh…
16 MAY 2022
Navi Appoints Meesho Founder Vidit Aatrey as Independent Director
Navi Technologies appointed Vidit Aatrey, co-founder and CEO of Meesho, as an independent director on its board. The appointment is…
13 MAY 2022
Sebi Notifies Rules to Strengthen Regulatory Framework for CIS
Collective investment schemes, the Securities and Exchange board of India (Sebi) has modified the provisions of the Capital Market Information…
12 MAY 2022
PAN or Aadhaar Now Mandatory for Cash Deposits or Withdrawals Above Rs 20 Lakh
Now furnishing the Permanent Account Number (PAN) or biometric Aadhaar is mandatory for cash deposits or withdrawals above Rs 20…
12 MAY 2022
Supreme Court Upholds RBI Remit Over NBFCs; State Moneylending Laws Won’t Apply
Non-banking financial companies (NBFCs) will be regulated by the Reserve Bank of India (RBI) as the RBI Act takes a…
11 MAY 2022
ICICI Bank Partners with Santander for India-UK Business
ICICI Bank inked a Memorandum of Understanding (MoU) with Santander UK Plc, a premier British bank, establishing a framework of…
11 MAY 2022
TN Manoharan Takes Over as Part-Time Chairman, IDBI Bank
The Board of IDBI Bank, on 9 May 2022, has nodded for the appointment of T N Manoharan as a…
10 MAY 2022
Loan EMIs to Go up as HDFC Bank Hikes MCLR Across all Tenors
HDFC Bank hiked its marginal-cost based lending rate (MCLR) on loans for all tenors by 25 basis points (bps). Making…
09 MAY 2022
NSDL Unveils Blockchain Platform for Debenture Covenant Monitoring
The National Securities Depository Limited (NSDL) rolled out Distributed Ledger Technology (DLT) blockchain platform for debenture covenant monitoring in order…
09 MAY 2022
