The committee will review existing legal and regulatory framework applicable to ARCs and recommend measures to improve their efficacy, and their role in resolving stressed assets

Securitisation volumes in January-March surged to around Rs 40,000 crore, the highest in all the quarters of the 2020-21 fiscal, says a report. Despite this rise, securitisation volumes closed below the psychological Rs 1 lakh crore mark in 2020-21

Justice Prathiba M Singh said insurance regulator IRDAI is duty bound to supervise the companies and ensure that they comply with the Act and it \"cannot turn a blind eye\" to its non-implementation

While Sensex was trading 1,226 points lower at 47,610, Nifty fell 339 points to 14,277

The NCLAT order on spectrum sale may block transfer of Aircel and RCom spectrum to UVARCL and leave Indian and foreign banks with non-performing assets of around Rs 60,000 crore as claimed by the lenders

A penalty of Rs 25 lakh has been imposed on SBI General Insurance Company for not fulfilling regulatory obligations under the Motor Third Party (MTP) business

We are very encouraged by the inclusion of a proposal to raise the limit on foreign direct investment in the Indian Insurance sector from 49 per cent to 74 per cent, Congressman Brad Sherman and Steve Chabot said

Sensex closed 28.35 points higher at 48,832 and Nifty rose 36.40 points to 14,617 in choppy trade today

Macrotech Developers stock is likely to be listed on BSE and NSE on April 22, 2021

SBI Cards and Payment Services share zoomed to an intraday high of Rs 974.75, rising 7.61% against previous close. Market cap of the firm rose to Rs 91,550 crore on BSE

Citi has announced today its intention to exit from its consumer franchises in thirteen markets across the two regions which include India. This means  the oldest foreign banking entity will be exiting its consumer financing operations in the near future

OnePlus 9 will cost Rs 49,999 for 8GB+ 128GB version and Rs 54,999 for 12 GB + 256 GB version. OnePlus 9R has been priced at Rs 39,999 for 8GB+128GB version and Rs 43,999 for 12GB+256GB versions

OnePlus has put up the latest additions to its smartphone lineup - OnePlus 9R and OnePlus 9 for sale in India. Available through the Amazon and OnePlus website, the devices come with several offers for buyers.

How to minimise interest rate, credit and liquidity risks in debt funds

Sensex crashed 1,707  points or 3.44 per cent to end at 47,883 and Nifty plunged 524.05 points or 3.53 per cent to finish at 14,310

A technical upgrade of RTGS, targeted to enhance the resilience and to further improve the Disaster Recovery Time of the RTGS system, is scheduled after the close of business of April 17, 2021.

Sensex crashed 1,639 points to 47,951 against previous close of 49,591 Nifty too plunged 493 points to 14,341 today

The funds will be credited through online transfer, cheque or demand draft; disbursements to unitholders will be made by extinguishing proportionate units at the net asset value (NAV), as of April 9

The study highlighted that the imposition of service charges resulted in undue collections to the tune of over Rs 300 crore from among nearly 12 crore Basic Savings Bank Deposit Account (BSBDA) holders of SBI during the period 2015-20

\"Investors at the short-end (up to 2Y) will probably earn zero or negative real return (inflation-adjusted) in FY22, similar to FY21,\" says Dhawal Dalal, CIO-Fixed Income Edelweiss AMC