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SEBI Proposes Stricter Regulations for Retail Algo Trading to Ensure Market Integrity
The Securities and Exchange Board of India (SEBI) has proposed a comprehensive framework to regulate…
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Tech Entrepreneur Rishi Parti Acquires ₹190 Crore Penthouse in Gurgaon’s DLF Camellias
In a landmark real estate transaction, Rishi Parti, a prominent tech entrepreneur, has purchased an…
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Bombay High Court Issues Notices to Bank and RBI Following ₹3 Crore Fixed Deposit Fraud
The Bombay High Court has issued notices to a prominent bank and the Reserve Bank…
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December 2024 Bank Holidays in India: Comprehensive State-Wise Schedule
As December 2024 approaches, it's essential for individuals and businesses to be aware of the…
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RBL Bank and Bajaj Finance Cease Issuance of New Co-Branded Credit Cards
In a strategic move, RBL Bank and Bajaj Finance have mutually agreed to discontinue the…
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Indian Banks Reevaluate Adani Group Exposure Following U.S. Bribery Allegations
In the wake of bribery allegations against the Adani Group by U.S. authorities, Indian banks…
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Finance Ministry Advocates Overhaul of PSU Banks’ Transfer Policies to Enhance Transparency and Efficiency
In a significant move aimed at promoting transparency and operational efficiency, India's Ministry of Finance…
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RBI Imposes ₹7.95 Lakh Penalty on Cooperative Banks and GPT Sons: A Detailed Analysis
In a recent enforcement action, the Reserve Bank of India (RBI) has levied penalties totaling…
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Binod Kumar Recommended as Indian Bank’s New MD & CEO: Implications and Expectations
The Financial Services Institutions Bureau (FSIB) has recommended Binod Kumar, the current Executive Director of…
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HDFC Bank’s Strategic Move: Securitizing 12,372 Crore in Car Loans to Optimize Credit-Deposit Ratio
In a significant financial maneuver, HDFC Bank is finalizing the assignment of a ₹12,372 crore…