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Total 67 results found. Search for [ limited rbi powers ]

Results 1 to 21 of 67
PTI
February 26, 2021
In November 2019, the Reserve Bank had referred DHFL, the third-largest pure-play mortgage lender, to the National Company Law Tribunal (NCLT) for insolvency proceedings


BusinessToday.In
January 22, 2021
Billionaire Ajay Piramal's Piramal Group has emerged as the preferred bidder for debt-laden mortgage lender DHFL


BusinessToday.In
January 17, 2021
DHFL was the first finance company to be referred to NCLT for insolvency proceedings. Before that, the company's board was superseded and R Subramaniakumar was appointed as the administrator


BusinessToday.In
December 24, 2020
The RBI had placed the Shri Anand Co-operative Bank Limited, Chinchwad, Pune, Maharashtra under directions from the close of business on June 25, 2019


PTI
December 20, 2020
This is for the first time that the FIU, an agency under the Union finance ministry, has undertaken punitive action against an online payment system operating in the country like it has done against public, private and cooperative banks in the past


PTI
December 20, 2020
The company has also been charged with \"defeating and frustrating\" the tenets of public interest and the provisions of the Prevention of Money Laundering Act (PMLA), which aims to keep the country's financial system safe from economic crimes, terrorist financing and black money transactions


BusinessToday.In
November 30, 2020
Lakshmi Vilas Bank (LVB) has been merged with DBS Bank India Limited (DBIL), which is a subsidiary of Singapore's DBS Group Holdings Ltd, owing to serious deteriorations in the former's financial positions.


BusinessToday.In
November 23, 2020
Srei Infra share  fell 15.64% intra day to Rs 5.66 against previous close of Rs 6.71 on BSE.


Anand Adhikari
November 17, 2020
The troubled lender with 566 branches saw its capital adequacy ratio fall to 0.17 per cent in June 2020; it had Rs 13,827 crore in outstanding loans and deposits worth Rs 21,443 crore at the end of FY20


Anand Adhikari
October 12, 2020
State Bank of India, Bank of Baroda, Bank of India and Indian Bank are among half a dozen banks that have provided funds to the company


BusinessToday.In
September 29, 2020
LVB, in a regulatory filing, said the committee of independent directors will exercise the discretionary powers of MD & CEO in the ad-interim, which includes Meeta Makhan, Chairperson of the CoD, Shakti Sinha, Member and Satish Kumar Kalra, Member


PTI
July 23, 2020
\"The RBI has been expanding its balance sheet and it has been buying government debt. But effectively, in that process, what it is doing is borrowing from the banks at the reverse repo rate and lending on to the government,\" Rajan said


Prasanna Mohanty
June 24, 2020
In this third part, focus is on the impact of neoliberalism: slowdown in growth, rise in inequality, frequent economic crises, and much more. It also looks at some of the corrective measures


Anand Adhikari and Dipak Mondal
New Delhi, May 27, 2020
States finally have headroom to borrow more from the market. But there's a cost to it


Hari Hara Mishra
May 25, 2020
The creation of a bad bank in its present format can only provide a temporary reprieve, by enabling transfer of a large chunk of NPAs, to make the banks' balance sheet look better


Dipti Lavya Swain & Ketaki Dandiya
April 17, 2020
Suspension of the IBC for a period of 6 months shall further disable the creditors from initiating insolvency resolution proceedings against the corporate debtors, thereby further blocking the mechanism to resolve the debt and recover the credit


BusinessToday.In
January 21, 2020
Subsequent to the cancellation of the CoA, M-Pesa cannot transact the business of issuance and operation of prepaid payment instruments, the RBI said in its statement


BusinessToday.In
January 15, 2020
Share Market Update: IndusInd Bank, Tata Steel, UltraTech Cement, SBI, Infosys, Axis Bank and ICICI Bank were the among the top losers. On the other hand, Titan, Hero MotoCorp, Tech Mahindra, Nestle and Sun Pharma were the top gainers.


BusinessToday.In
January 14, 2020
Share Market Update: BSE Sensex climbed to the intraday as well as its lifetime high of 41,994.26 and Nifty breached earlier 12,337 level to hit 12,374.25 as its fresh all-time high.


BusinessToday.In
New Delhi, December 27, 2019
Catch the top stories from the world of business and economy with BusinessToday.In's end of day report


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