SEBI Proposes Stricter Regulations for Retail Algo Trading to Ensure Market Integrity
BSTeam 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...
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...
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...
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...
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...
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...
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...
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...
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...