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SBM Bank India Ltd. hit with ₹88.70 Lakh Penalty by RBI for Regulatory Non-Compliance
SBM Bank India Ltd. news update
The Reserve Bank of India (RBI) has imposed a monetary penalty of ₹88.70 lakh (Rupees Eighty Eight Lakh Seventy...
To Boost China’s Inbound Tourism to China, Ant Group, Mastercard, and E-Wallets Launch ‘International Consumer Friendly Zones’ in Shanghai
China's inbound tourism:
Ant Group and Mastercard Launch International Consumer-Friendly Zones Program in ShanghaiAnt Group and Mastercard, along with 12 overseas payment partners of Alipay+...
UBS Celebrates Successful Merger with Credit Suisse
UBS Group AG Finalizes Merger with Credit Suisse AG
UBS Group AG announced today the successful completion of its merger with Credit Suisse AG, facilitated...
IRDAI’s proposal for increased surrender value may face strong opposition from life insurers once more
IRDAI: Insurers Resistant to Higher Surrender
A day following the proposition by the Insurance Regulatory and Development Authority of India (IRDAI) to enhance surrender values...
The RBI intends to implement regulations aimed at strengthening the financial sector, as stated in its annual report
RBI Aims to Strengthen Regulations
From implementing the expected credit loss (ECL) model for asset classification to conducting a thorough review of loan rates, the...
Sebi has introduced new rules starting in June
Sebi's June Regulations
Sebi's new guidelines, effective today, encompass various sectors such as listed companies, mutual funds, stocks, and commodity markets. Here's a breakdown:1. Listed...
The Canara Bank board has given the green light to the initial public offering (IPO) of its life insurance division
Canara Bank Approves Life Insurance IPO
Canara Bank, headquartered in Bengaluru, announced its approval to begin the process of reducing a 14.50% stake in its...
Paytm has surged to its 5% upper circuit limit for the third consecutive session
Paytm Surges to 5% Circuit
One97 Communications, Paytm's parent company, experienced a 5 percent upper circuit at the opening of trading on May 31. This...
NTPC Green IPO anticipated to generate over ₹8,000 crore, says CMD
NTPC Green IPO updateNTPC aims to raise around "a billion dollars"—over ₹8,300 crore at the current exchange rate—through the initial public offering (IPO)...
NPA Risk for Banks and NBFCs Could Rise Due to Delay in Over 40% of Infrastructure Projects
NPA Risk for Banks and NBFCs
NPA Risk for Banks and NBFCs May Surge Amid Delays in 40% of Infrastructure ProjectsA recent report by the...
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