SEBI’s imposition of a measly fine on the veteran banker raises questions on how regulators let companies and their promoters get away with serious violations.
Jayshree P. Upadhyay
Mumbai 15 March 2021
13 Jan, 2021
AuthorGaurav Raghuvanshi
Investor aversion and strained government finances could complicate the capital plans for some Indian banks, particularly state-owned ones, after the central bank's latest stress tests indicate that some lenders' capital could fall below minimum regulatory requirements this year in the aftermath of the coronavirus pandemic.
As forbearance...
By Pavan C Lall
NAVDEEP YADAV DEC 16, 2020, 10:27 IST
In the past two years, more than eight robbery cases amounting up to ₹700 million in the top NBFC companies like IIFL, Manappuram Finance, and Muthoot Finance have been reported.Although the gold ornaments held by these firms are insured, the insurance may also...
निधि रायबीबीसी संवाददाता, मुंबई से
6 दिसंबर 2020
बैंकिंग क्षेत्र के शीर्ष नियामक, भारतीय रिजर्व बैंक की इस बात के लिए आलोचना हो रही है कि वो निगरानी की अपनी ज़िम्मेदारी ठीक से नहीं निभा पा रहा है. बीते 30 महीनों में भारत के पांच वित्तीय संस्थान घुटने टेक चुके हैं.
कहानी...
These temporary restrictions will be lifted after the RBI is satisfied with necessary compliance on the part of the private sector lender.
The Wire Staff BANKING 23 HOURS AGO
New Delhi: In what is likely an unprecedented move, the Reserve Bank of India (RBI) appears to have taken HDFC Bank to task...
RBI measures won't affect existing customers. Similar measures could be taken for larger banks that faced recent outages
TopicsHDFC Bank | RBI | Digital banking
Subrata Panda & Anup Roy | Mumbai Last Updated at December 4, 2020 01:20 IST
The Reserve Bank of India (RBI) on Thursday morning directed the country’s largest private sector lender, HDFC Bank, to temporarily...
Author Ranina SanglapTheme Banking
India's nonbanking financial companies will need to choose between cheaper money and less onerous regulation if the central bank accepts a proposal by an internal panel to allow large NBFCs to convert into banks, analysts say.
An internal working group of the Reserve Bank of India recommended...
