Search Results for: Banking Regulation Act

India Inc. goes for cost optimisation amid slowdown in economy

The Indian economy grew at a five-year low of 5.8 percent in the quarter ended March 31st, as per the latest government data.

Jul 30, 2019

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SBI tightens lending terms for auto dealerships

The shadow banking crisis that began to unfold in India during mid-2018 has deepened this year.

Jul 30, 2019

Account Aggregator to make funding seamless in India

The account aggregator will obtain data from multiple service providers and deliver it via consent-based channels to financial information users.

Jul 29, 2019

Bengaluru-based Visionet Systems to hire 800 employees in 6 months

Alok Bansal, the Managing Director, said they are seeing positive growth in India and trying to increase its employee headcount to 2,500 to increase work efficiency.

Jul 28, 2019

Who is Rishi Sunak, new UK minister and Infosys founder's son-in-law?

Sunak met his wife Akshata in California where he lived for a number of years. The couple has two daughters.

Jul 25, 2019

World IVF Day Special: Fertility expert talks about regulation, risks and policy framework

The Indian IVF industry is expected to be valued at Rs 5,757 crore by 2023, growing at an annual rate of 10 percent. But the industry still remains largely unregulated.

Jul 24, 2019

Allahabad Bank report on Rs 688 crore fraud triggers fear of more irregularities

Allahabad Bank tells bourses that NCLT proceedings are in progress to recover the dues from a Ludhiana-based textile company; the bank had earlier reported a fraud of over Rs 1,775 crore by Bhushan Steel Ltd.

Jul 18, 2019

Karnataka political crisis: House adjourned without trust vote, BJP to protest inside Assembly

The debate on trust vote will continue on Friday.

Jul 18, 2019

No more 'rent a womb' as Govt brings Bill banning commercial surrogacy

Between 2010 and 2014, India had become the surrogacy capital of the world.

Jul 17, 2019

India, Russia agree to trade in national currencies to bypass US sanctions - Report

In recent times, the US has become an important ally for India but New Delhi and Moscow have maintained their long-time strategic ties dating back to the Soviet era.

Jul 16, 2019

DHFL default is threatening to draw in mutual fund industry as 160 MFs have exposure to DHFL papers

Time running out for DHFL as the lender needs Rs 3,000 crore of equity infusion

Lenders are showing their reluctance to give fresh loans unless DHLF secures fresh funds.

Jul 16, 2019

Housing lender DHFL warns it may not survive

DHFL's results are the latest sign of growing stress in India's finance sectors as state-owned banks grapple with bad debts and a recent liquidity crunch in the shadow banking industry.

Jul 15, 2019

IL&FS (Infrastructure Leasing and Financial Services Ltd.)

Big relief for pensioners as PF to get priority in repayment from IL&FS, rules NCLAT

The Uday Kotak-led new board has allowed companies classified under the green category to service their loan to all secured and unsecured creditors.

Jul 14, 2019

Stylist Samidha Singh gets candid about quitting her job to work on her passion in fashion

Samidha's journey in the world of fashion is something that will leave everyone inspired.

Jul 11, 2019

Android users beware: 1.5 crore phones infected by 'Agent Smith', WhatsApp, Hotstar users at risk

If you're an Android user in India, there's a high chance that your phone is infected by a malware nicknamed Agent Smith for its stealth operations.