Search result for 'non-compliance'

RBI Fines HDFC Bank, Punjab & Sind Bank for Compliance Issues

March 26, 2025 19:38

The Reserve Bank of India (RBI) has penalized HDFC Bank and Punjab & Sind Bank for non-compliance with regulations, including KYC norms and large exposures reporting. The penalties were imposed...

Sebi Cancels Karvy Stock Broking's Registrations for Market Norm Violations

March 25, 2025 22:15

Sebi has cancelled the registrations of two Karvy Stock Broking entities, Karvy Capital Alternative Investment Trust and KCAP Alternative Investment Fund, for failing to meet the 'fit and proper...

Hindustan Zinc Deploys AI for Workplace Safety

March 25, 2025 14:03

Hindustan Zinc has deployed an AI-powered camera surveillance system across its operations to enhance workplace safety, eliminate manual intervention, and augment operational efficiency.

DGGI Blocks 357 Illegal Online Gaming Sites, Seizes Bank Accounts

March 22, 2025 16:12

India's DGGI has blocked 357 illegal offshore online gaming websites and seized 2,400 bank accounts, targeting entities evading GST. Read about the crackdown and its implications.

Ola Electric Faces Scrutiny Over EV Sales Discrepancy

March 21, 2025 11:13

Ola Electric is facing inquiries from Indian ministries over a gap between its reported EV sales and vehicle registrations. The company attributes the discrepancy to a backlog in registrations due...

RBI Fines JM Financial, Experian for Regulatory Violations

March 13, 2025 18:45

Reserve Bank of India (RBI) has imposed penalties on JM Financial Products and Experian Credit Information Company for non-compliance with regulatory provisions.

HDFC Securities Settles Sebi Violations for Rs 65 Lakh

March 11, 2025 18:16

HDFC Securities has settled a case with Sebi for Rs 65 lakh, related to alleged non-compliance with regulatory norms on capacity management, disaster recovery, and cybersecurity. The settlement...

Sebi Warns Against Sunshine Global Agro Property Deals

March 6, 2025 14:25

Sebi warns public against buying properties from Sunshine Global Agro and its directors, citing illegal activity. The regulator has initiated recovery proceedings against the company.

SaaS Delays Hurt Indian Businesses: IDC-Zoho Survey

March 5, 2025 15:42

Indian companies using SaaS since 2020 face significant implementation delays, resulting in cost and time overruns, lost opportunities, and impact on productivity, according to a new IDC-Zoho survey.

RBI Fines Magadh Bank Rs 1 Lakh for KYC Violation

March 3, 2025 21:20

The Reserve Bank of India has imposed a Rs 1 lakh penalty on Magadh Central Co-operative Bank for failing to comply with KYC guidelines. The bank did not conduct periodic reviews of customer risk...

10 Lakh Vehicles in Maharashtra Without HSRPs: Why?

March 2, 2025 09:03

Maharashtra faces a problem with 10 lakh vehicles lacking mandatory high-security registration plates (HSRPs). This raises questions about enforcement and accountability, as well as the role of...

RBI Fines Hongkong & Shanghai Banking for KYC Violations

February 28, 2025 18:50

The Reserve Bank of India (RBI) has imposed a penalty of Rs 66.6 lakh on The Hongkong and Shanghai Banking Corporation for non-compliance with KYC and interest rate regulations.

Sebi Fines Indian Clearing Corporation Rs 5.05 Cr for Lapses

February 25, 2025 20:33

Sebi has penalized Indian Clearing Corporation Ltd (ICCL) with Rs 5.05 crore for non-compliance with cyber security and disaster recovery frameworks. The regulator found ICCL's backup systems were...

RBI Fines Citibank Rs 39 Lakh for Regulatory Violations

February 21, 2025 20:42

The Reserve Bank of India has imposed a penalty of Rs 39 lakh on Citibank N.A. for non-compliance with directions pertaining to large exposures framework and delay in furnishing credit information...

E-Recycling Market to Reach USD 198.5 mn by 2032: Report

February 19, 2025 19:17

The e-recycling sector in India is projected to grow at a CAGR of 13.52% reaching USD 198.52 million by 2032, driven by technological advancements and strong EPR policy.

NFRA Finds Deficiencies in PwC Audits

February 18, 2025 19:33

The National Financial Reporting Authority (NFRA) has flagged deficiencies in audits conducted by Price Waterhouse Chartered Accountants LLP and Price Waterhouse & Co Chartered Accountants LLP,...

ICICI Securities Settles Sebi Case for Rs 80.4 Lakh

February 14, 2025 20:50

ICICI Securities has paid Rs 80.4 lakh to settle a case with Sebi for alleged violation of stock broker rules and market norms. The case stemmed from a joint inspection by Sebi and NSE in September...

RBI Fines Nainital Bank & Ujjivan SFB Rs 68 Lakh for Regulatory Violations

February 14, 2025 18:24

The Reserve Bank of India has imposed penalties totaling Rs 68.1 lakh on Nainital Bank and Ujjivan Small Finance Bank for contraventions of regulatory norms. The penalties were imposed for...

Frozen Duck Meat Import Rules: India Tightens Guidelines

February 14, 2025 13:37

India has implemented new regulations for importing premium frozen duck meat, requiring importers to obtain authorization and supply only to 3-star and above hotels. Learn more about the new rules...

RBI Lifts Curbs on Kotak Mahindra Bank: Credit Card Issuance Resumes

February 12, 2025 18:04

The Reserve Bank of India has lifted restrictions on Kotak Mahindra Bank, allowing it to resume onboarding new customers and issuing fresh credit cards. The decision comes after the bank...

Sebi Attaches Accounts of 10 in Eros Case - Rs 1.25 Crore Due

February 8, 2025 21:59

Sebi has ordered the attachment of bank, demat, and mutual fund accounts of 10 individuals to recover Rs 1.25 crore in the Eros International Media case. The regulator alleges non-compliance with...

Sebi Proposes Extending Trading Window Closure to Relatives

February 7, 2025 17:13

Sebi proposes extending the automated closure of trading windows to relatives of designated persons to prevent insider trading. The move aims to enhance compliance with insider trading rules.

DPIIT Flags 259 Tenders Non-Compliant: Public Procurement Norms

February 7, 2025 16:20

The Department for Promotion of Industry and Internal Trade (DPIIT) identified 259 tenders as non-compliant with public procurement norms in 2024, Parliament was informed on Friday. The reasons for...

Sebi Fines Brightcom Group Rs 34 Cr for Misrepresenting Financials

February 6, 2025 19:56

Sebi has imposed a Rs 34 crore fine on Brightcom Group Ltd, its promoters, and others for misrepresenting financial statements, barring promoters from the securities markets for five years.

Sebi Fines DB Realty Rs 25 Lakh for Financial Misstatements

February 4, 2025 19:04

Sebi has penalized DB Realty, its promoters, and officials for Rs 25 lakh for misrepresenting financial statements and non-disclosures. The regulator found violations related to guarantees and loan...

RBI Fines Equitas, India Post Payments Banks for Non-Compliance

January 31, 2025 19:52

The Reserve Bank of India (RBI) has imposed penalties on Equitas Small Finance Bank and India Post Payments Bank for violations of regulatory compliance.

FIU-IND Fines Bybit Rs 9.27 Crore for PMLA Violations

January 31, 2025 19:47

FIU-IND imposed a Rs 9.27 crore penalty on Bybit Fintech Limited for violating PMLA rules. The company failed to register with FIU-IND and continued to operate in India despite warnings.

Sebi Fines Anand Rathi Rs 5 Lakh for Regulatory Violations

January 30, 2025 19:45

Sebi has fined Anand Rathi Shares & Stock Brokers Ltd Rs 5 lakh for violating regulatory norms, including misusing client funds and failing to maintain records.

Sebi Fines Motilal Oswal Rs 7 Lakh for Broker Rule Violations

January 30, 2025 17:36

Sebi has penalized Motilal Oswal Financial Services Rs 7 lakh for breaching stock broker and depository participant rules, including failing to resolve client complaints and incorrect margin...

No GST on Bank, NBFC Penal Charges: CBIC

January 28, 2025 21:30

The Central Board of Indirect Taxes and Customs (CBIC) has clarified that GST will not be applicable on penal charges levied by banks and NBFCs, and on transactions up to Rs 2,000 facilitated by...

RBI Fines J&K Bank, Bank of India, Canara Bank for Compliance Issues

January 24, 2025 19:27

The Reserve Bank of India (RBI) has penalized Jammu and Kashmir Bank, Bank of India, and Canara Bank for violations of regulatory compliance related to financial inclusion, priority sector lending,...

SCOMET Export Violation Disclosure Guidelines Notified

January 16, 2025 14:48

India's DGFT has issued guidelines for voluntary disclosure of non-compliance or violations in exports of SCOMET items. The guidelines encourage responsible exporters to report violations.

Sebi Warns J&K Bank for Delayed MD Appointment Disclosure

January 14, 2025 19:53

Sebi issued an administrative warning to J&K Bank for delaying disclosure of its MD appointment, citing non-compliance with regulatory timelines and potential market impact.

DGCA Warns Akasa Air Over Dangerous Goods Handling

January 14, 2025 18:46

India's aviation regulator, DGCA, has issued a warning letter to Akasa Air for lapses in handling dangerous goods, including lithium batteries. The airline has been ordered to conduct internal...

LinkedIn Influencers Must Disclose Partnerships: ASCI

January 14, 2025 16:20

The Advertising Standards Council of India (ASCI) urges LinkedIn influencers to adhere to its code and disclose material connections, citing lack of platform tools.

Sebi Drops Case Against Karvy Capital in AIF Violation Case

January 4, 2025 20:47

Sebi has dropped a show cause notice against Karvy Capital and its officials for alleged violations of alternative investment fund rules, finding no breaches.

Sebi Issues Warning to JM Financial for Non-Compliance

January 3, 2025 18:16

Sebi has issued an administrative warning to JM Financial for regulatory non-compliance related to an IPO of Western Carrier (India) Ltd. The warning has no impact on JM Financial's operations.

HERC Focuses on Affordable Electricity & Consumer Interests

January 1, 2025 18:48

HERC Chairperson Nand Lal Sharma emphasizes the need for improvements in the power sector, prioritizing consumer interests and ensuring affordable, quality electricity.

Sebi Simplifies Compliance for Listed Entities

January 1, 2025 13:04

Sebi introduces integrated filing framework for listed entities, streamlining compliance and reducing burdens. The new system unifies governance and financial disclosures, with deadlines for...

Sebi Extends Cybersecurity Compliance Deadlines

December 31, 2024 19:35

Sebi provides compliance extensions and clarifications on its Cybersecurity and Cyber Resilience Framework for regulated entities, addressing concerns raised by stakeholders.

Jute Industry Faces Challenges: Low Prices, Demand Decline

December 31, 2024 14:34

The jute industry faces a challenging year with subdued prices, reduced demand, and non-implementation of revised pricing formula. Stakeholders urge government intervention for survival.

Airlines to Share Passenger Data with Indian Customs from April 1

December 30, 2024 17:52

Indian Customs will mandate airlines to share passenger data from April 1, 2025. This includes details like name, mobile number, travel itinerary, and payment information. Non-compliance can result...

India's Labour Reforms & Social Security in 2025

December 30, 2024 16:19

India's government plans to prioritize labor reforms, social security for informal workers, and transformative policies in 2025 to boost the economy and empower workers. Key focus areas include...

India's Labour Reforms and Social Security Plans for 2025

December 30, 2024 10:05

India plans to implement labour codes, provide social security to informal workers, and introduce transformative policies in 2025 to boost the economy.

SBI-SG Global Settles FPI Violation Case with Sebi

December 27, 2024 20:58

SBI-SG Global Securities Services has settled a case with Sebi related to alleged violations of FPI rules by paying Rs 29.25 lakh in settlement charges. The violations included granting FPI...

Sebi Withdraws ICEX Recognition: Exit From Commodity Exchange Business

December 27, 2024 18:22

Sebi has formally withdrawn the recognition granted to ICEX, marking its exit from the commodity exchange business. The decision follows ICEX's surrender of recognition due to regulatory...

DGCA Fines Akasa Air Rs 10 Lakh for Passenger Compensation Failure

December 24, 2024 18:30

India's aviation regulator DGCA has fined Akasa Air Rs 10 lakh for failing to provide timely compensation to passengers denied boarding at Bangalore airport in September. The airline faces multiple...

India Launches AI & E-commerce Safety Measures for Consumer Protection

December 24, 2024 16:08

India's Food & Consumer Affairs Ministry launches AI tools, e-commerce safety initiatives and a new consumer helpline to protect consumers from deceptive marketing practices.

GST Council Approves Track 'Trace Mechanism to Curb Evasion

December 21, 2024 21:51

The GST Council approved a Track 'Trace Mechanism for evasion-prone goods, aiming to curb tax leakage. The mechanism will involve a unique mark on goods, enabling tracing throughout the supply chain.

Infomerics Valuation Settles Sebi CRA Violation Case

December 20, 2024 21:58

Infomerics Valuation and Rating has settled a case with Sebi for alleged violation of credit rating agency rules, paying Rs 57.63 lakh in settlement charges.

RBI Fines IndusInd Bank Rs 27.30 Lakh for Interest Rate Violations

December 20, 2024 19:04

The Reserve Bank of India (RBI) has imposed a Rs 27.30 lakh penalty on IndusInd Bank for non-compliance with norms related to interest rates on deposits. The penalty was levied after an inspection...

RBI Fines Manappuram Finance for KYC Violations

December 20, 2024 19:01

The Reserve Bank of India has penalized Manappuram Finance Rs 20 lakh for failing to comply with Know Your Customer (KYC) norms, citing non-verification of PAN details and multiple identification...

Sebi Fines EbixCash, Ebix Rs 6 Lakh for IPO Disclosure Lapses

December 19, 2024 19:45

Sebi has imposed a Rs 6 lakh fine on EbixCash and Ebix Inc for failing to disclose material information related to their proposed IPO, including regulatory actions by the RBI and arbitration rulings.

PwC Survey: 59% Indian Firms Faced Financial Fraud

December 18, 2024 18:34

A PwC survey reveals 59% of Indian organizations experienced financial fraud in the past 24 months, with procurement fraud emerging as the top threat. Learn more about the findings and how...

CAG Finds Flaws in India's Export Promotion Scheme EPCG

December 17, 2024 21:38

The Comptroller and Auditor General (CAG) of India has found irregularities in the Export Promotion Capital Goods (EPCG) scheme, highlighting concerns about its monitoring and implementation. The...

LIC Unclaimed Maturity Amounts Reach Rs 881 Cr in FY24

December 16, 2024 17:53

LIC reported unclaimed maturity amounts of Rs 880.93 crore in FY24, with 3,72,282 policyholders not claiming benefits. The company has undertaken several measures to reduce unclaimed amounts.

CCPA Issues Notices to Direct Selling Firms for Unfair Practices

December 13, 2024 18:07

The Consumer Protection Regulator (CCPA) has issued notices to 17 direct selling companies, including Oriflame India, for alleged unfair trade practices and violation of consumer protection rules.

Sebi Issues Warning to HDFC Bank for Regulatory Non-Compliance

December 12, 2024 19:01

Sebi has issued a warning letter to HDFC Bank for regulatory non-compliance related to investment banking activities. The letter alleges non-compliance with SEBI regulations, including the Merchant...

Mahindra Lifespace Faces Rs 2.09 Cr GST Demand in Tamil Nadu

December 11, 2024 17:42

Mahindra Lifespace Developers received a Rs 2.09 crore GST demand from Tamil Nadu authorities, citing alleged short payment. The company plans to appeal the order.

Sebi Allows Indian Commodity Exchange (ICEX) to Exit Bourse

December 10, 2024 17:54

Sebi has permitted Indian Commodity Exchange (ICEX) to exit the bourse after its recognition was withdrawn due to non-compliance with regulations. ICEX will surrender its recognition and exit the...

Ghatkopar Billboard Collapse: Petrol Pump Safety Audit Ordered

December 8, 2024 10:27

Following a fatal billboard collapse at a Mumbai petrol pump, India's oil regulator has ordered a safety audit of all petrol pumps nationwide, focusing on billboards and structures.

EPFO Amnesty Scheme: Employers Can Now Deposit Past PF Dues Without Penalty

November 30, 2024 19:51

The EPFO has introduced an amnesty scheme allowing employers to deposit past provident fund dues without penalty. The move aims to encourage compliance and benefit employees.

Sebi Strengthens MII Governance: Whistleblower Complaints, RegTech & More

November 22, 2024 21:13

Sebi mandates MIIs to resolve whistleblower complaints within 60 days, adopt RegTech and SupTech, and enhance governance practices. Learn about the new guidelines for stock exchanges and other...

Emerging India Focus Funds Settles Sebi Case

November 19, 2024 16:32

Emerging India Focus Funds has settled a Sebi case regarding alleged violations of FPI rules, paying Rs 64.35 lakh in settlement charges. The case involved non-compliance with 'fit and proper'...

Foreign Asset Disclosure: Rs 10 Lakh Penalty for Non-Compliance

November 17, 2024 10:24

India's Income Tax Department warns of a Rs 10 lakh penalty for failing to disclose foreign assets or income in ITRs. Learn about the types of assets and income that need to be reported.

RBI Fines South Indian Bank for Non-Compliance

November 8, 2024 20:18

The Reserve Bank of India (RBI) has imposed a penalty of Rs 59.20 lakh on South Indian Bank for non-compliance with directions on interest rates and customer service.

India Navigates US Sanctions on Firms: GTRI

November 8, 2024 20:08

GTRI highlights the impact of US sanctions on Indian businesses, urging them to navigate the complexities and prioritize compliance to protect their interests.

India Navigates US Sanctions on Firms: GTRI

November 8, 2024 17:19

GTRI urges India to carefully navigate US sanctions on Indian entities to protect business interests. The think tank suggests engaging diplomatically and tightening export controls.

Embassy REIT CEO Steps Down After SEBI Order

November 5, 2024 19:27

Embassy REIT CEO Aravind Maiya steps down following SEBI's order to suspend him based on an NFRA ruling related to Coffee Day Enterprises audit lapses.

IL&FS Seeks Legal Advice for Excess Remuneration Recovery

November 5, 2024 14:14

IL&FS is seeking legal advice to recover excess remuneration paid to former directors. The debt-ridden firm is aiming to recover approximately Rs 187 crore from the previous board, who...

Sebi Suspends Embassy Office Parks CEO: NFRA Audit Lapses

November 4, 2024 20:42

SEBI has suspended Aravind Maiya, CEO of Embassy Office Parks Management Services, following an NFRA order barring him from auditing due to lapses in Coffee Day Enterprises audit. An interim CEO...

Sebi Fines Sunil Lulla Rs 50 Lakh for Market Norm Violations

November 3, 2024 16:15

Sebi has imposed a Rs 50 lakh fine on Sunil Lulla, former MD of Eros International, for violating market norms in a case related to possible fund diversion. The regulator found Lulla non-compliant...

NSE Clearing Corp Settles Sebi Case for Rs 27 cr

October 30, 2024 15:08

NSE Clearing Corporation Ltd has settled a case with Sebi for Rs 27.13 crore related to alleged non-compliance with the interoperability agreement. The case involved allegations of insufficient...

Sebi Fines 17 Entities in Eros International Case

October 29, 2024 20:11

SEBI imposed penalties totalling Rs 2 crore on 17 entities for non-compliance with its investigation and failure to provide information in the Eros International Media Ltd. case.

RBI Revokes UAE Exchange Centre Authorization

October 25, 2024 16:27

The Reserve Bank of India has revoked the authorization certificate of UAE Exchange Centre LLC for non-compliance with regulatory requirements. Learn more.

Sebi Bans First Overseas Capital From Lead Manager Role

October 23, 2024 21:19

SEBI has barred First Overseas Capital from acting as a lead manager for new debt securities mandates due to alleged violations of merchant banker rules. The regulator also issued a show cause...

SEBI Notice to Adani Energy Over Shareholding Categorization

October 22, 2024 20:09

Adani Energy Solutions Ltd. received a SEBI notice alleging wrongful categorization of shareholding. The company will respond with relevant information. SEBI is probing Adani Group for alleged...

RBI Fines SG Finserve Rs 28.30 Lakh for Non-Compliance

October 14, 2024 19:40

The Reserve Bank of India has imposed a penalty of Rs 28.30 lakh on SG Finserve Limited for non-compliance with specific conditions under which the company was issued the Certificate of...

Sebi Monitors Market Infra Shareholding: New Framework

October 14, 2024 18:48

Sebi introduces a framework to monitor shareholding limits, public shareholding requirements, and 'fit & proper' criteria for Market Infrastructure Institutions (MIIs), including stock exchanges,...

Drug Recall & Fake Medicine Action: DCGI Speaks Out

October 9, 2024 15:59

India's drug regulator clarifies on recall of substandard medicines and action against fake drug manufacturers. Learn about the difference between 'not of standard quality' and 'spurious' medicines.

RBI Finds Irregularities in Gold Loans, Orders Policy Review

September 30, 2024 20:27

The Reserve Bank of India (RBI) has identified several irregular practices in the gold loan sector, prompting it to issue guidelines for lenders to review their policies and monitor loan portfolios.

Sebi Fines Anand Rathi Rs 10 Lakh for Stock Broker Rules Violation

September 30, 2024 19:15

Sebi has penalized Anand Rathi Share and Stock Broker Rs 10 lakh for violating stock brokers' rules and other norms. The regulator found non-compliance with Sebi, NSE and BSE regulations during a...

ZEEL Refutes USD 940 Million Damages Claim by Star India in ICC Rights Dispute

September 18, 2024 13:57

Zee Entertainment Enterprises Ltd (ZEEL) has refuted a USD 940 million damages claim filed by Star India in the London Court of International Arbitration (LCIA) over non-compliance with an...

CCI Can Now Appoint Agencies to Monitor Orders

September 18, 2024 10:01

The Competition Commission of India (CCI) can now appoint agencies to monitor the implementation of its orders, including those related to mergers and acquisitions. This comes amid concerns over...

RBI Fines BNP Paribas, 3 Others for Non-Compliance

September 13, 2024 18:03

The Reserve Bank of India has imposed penalties on BNP Paribas, Hewlett Packard Financial Services, SMFG India Credit, and Muthoot Vehicle & Asset Finance for violations of certain banking...

SEBI Convicts Woman for Circular Trading - Rs 7 Lakh Fine

September 10, 2024 21:26

A Mumbai court convicted a 64-year-old woman for failing to pay a SEBI fine imposed in 2012 for 'circular trading' in Prraneta Industries Limited shares. Despite her age, she was fined Rs 7 lakh.

RBI Fines Axis Bank, HDFC Bank for Compliance Violations

September 10, 2024 18:49

The Reserve Bank of India (RBI) has penalized Axis Bank and HDFC Bank for non-compliance with regulations on interest rates, KYC, credit flow, and customer service.

RBI Fines Housing & Urban Development Corp, 2 Others

September 6, 2024 19:14

Reserve Bank of India (RBI) has imposed penalties on Housing and Urban Development Corporation Ltd, Godrej Housing, and Aadhar Housing Finance Ltd for non-compliance with housing finance regulations.

M2M Providers Must Register by Sep 30: DoT

September 3, 2024 20:55

The Department of Telecom has urged all unregistered M2M Service Providers to register by September 30th to avoid service disruptions. Non-compliance may lead to withdrawal or disconnection of...

RBI Fines UCO Bank Rs 2.68 Crore for Violations

August 30, 2024 17:54

Reserve Bank of India imposes a penalty of Rs 2.68 crore on UCO Bank for violating provisions related to current accounts, interest rates, and fraud classification.

DGCA Suspends Alchemist Aviation Approval After Fatal Accident

August 29, 2024 12:11

The DGCA has suspended Alchemist Aviation's flying training organization approval following a safety audit that found serious non-compliance after a fatal trainee aircraft accident.

IOC, BPCL, GAIL Fined Again for Board Listing Norms

August 25, 2024 12:28

India's top oil companies, including IOC, BPCL, and GAIL, have been fined for the fifth consecutive quarter for failing to meet board listing norms regarding independent and women directors.

Mercedes-Benz India Faces Environmental Violations Allegations in Pune

August 24, 2024 18:15

MPCB alleges Mercedes-Benz India's Pune plant is not complying with environmental standards, leading to a review and forfeiture of a bank guarantee. The company claims to be ready to cooperate with...

RBI Cancels Registration of Margdarshak Financial Services

August 23, 2024 19:34

The Reserve Bank of India (RBI) has canceled the registration of Margdarshak Financial Services Ltd over high net NPAs and defaults on repayment to lenders. The company failed to meet minimum...

RCF Fined Rs 9.66 Lakh by BSE, NSE for Board Non-Compliance

August 22, 2024 19:46

State-owned Rashtriya Chemicals and Fertilizers Ltd (RCF) was fined Rs 9.66 lakh each by BSE and NSE for non-compliance with board composition regulations. The company argues that the government's...

Dish TV Fined by BSE, NSE for Lack of Board Strength

August 22, 2024 18:59

Dish TV has been fined Rs 12.74 lakh by BSE and NSE for failing to meet quorum requirements on its board. The company cited non-approval of director appointments by shareholders as the reason for...

Hindustan Zinc Fined Rs 10.73 Lakh for Sebi Violations

August 22, 2024 17:57

BSE and NSE have fined Hindustan Zinc Rs 10.73 lakh for violating Sebi norms related to independent directors on the board. The company is working to comply with regulations.

KIOCL Fined Rs 5.36 Lakh by NSE, BSE for Non-Compliance

August 22, 2024 16:11

State-owned KIOCL has been fined Rs 5.36 lakh by both NSE and BSE for non-compliance with SEBI regulations regarding board composition. The company is seeking government intervention to appoint...

Sebi Proposes Rights Issue Reforms: Faster Processing, Reduced Disclosures

August 20, 2024 17:56

Sebi proposes to simplify rights issue process by rationalising disclosures, reducing processing time, and allowing selective investor allotments. The aim is to make rights issues a more attractive...

TRAI Cracks Down on Telemarketers: New Rules to Curb Spam

August 20, 2024 16:28

TRAI has issued new regulations to combat spam calls and messages. Telcos must enforce measures to curb misuse of messaging services and protect consumers from fraudulent practices.

Hero MotoCorp Gets Rs 17 Crore Tax Notice from Delhi GST

August 18, 2024 15:36

Hero MotoCorp received a tax demand notice of over Rs 17 crore from Delhi GST authorities for disallowed input tax credit in FY 2019-20. The company plans to appeal the notice.

RBI Fines BoM, Hinduja Leyland, Poonawalla Fincorp for Violations

August 16, 2024 19:40

The Reserve Bank of India (RBI) has imposed penalties on Bank of Maharashtra, Hinduja Leyland Finance, and Poonawalla Fincorp for violating regulatory directions, including Know Your Customer (KYC)...

Aurobindo Pharma Gets USFDA Warning for Telangana Unit

August 16, 2024 11:29

Aurobindo Pharma's Eugia Pharma Specialities Ltd received a warning letter from the USFDA for its formulations manufacturing unit in Telangana. The company assures no impact on existing US supplies.

RBI Fines CSB Bank, Union Bank, Others for Regulatory Violations

August 12, 2024 18:49

The Reserve Bank of India has penalized CSB Bank, Union Bank of India, Muthoot Housing Finance, Nido Home Finance, and Ashoka Viniyoga for violating regulatory norms.

Sebi Warns Investors: Avoid Unregistered Entities for Stock Tips

August 6, 2024 15:23

Sebi issues cautionary statement and takes action against unregistered entities providing investment advice to protect retail investors. Learn how to identify legitimate advisors and avoid scams.

IIHL Fails to Comply with NCLT Order: RCAP Administrator

August 4, 2024 15:39

The Administrator of Reliance Capital has accused IIHL of non-compliance with NCLT order, alleging the Hinduja Group firm failed to deposit funds in designated escrow accounts.

Sebi Simplifies IPO Process: Template & AI for Faster Approvals

August 2, 2024 13:32

Sebi is streamlining IPO approvals with a templatised offer document and AI tool for faster processing. The regulator also plans to simplify fundraising for listed companies.

Jute Crisis: TMC MP Urges PM Intervention

August 1, 2024 12:50

TMC MP Sukhendu Sekhar Ray urges PM Modi to intervene in the jute crisis, citing plummeting prices, inadequate procurement, and industry apathy. The crisis affects lakhs of farmers and mill workers.

Jute Industry Faces Challenges: Key Issues Discussed at Advisory Meeting

July 31, 2024 10:34

The Indian Jute Mills Association raised concerns about declining demand for jute bags and other challenges faced by the industry at the 32nd SAC meeting in New Delhi.

Suzlon Energy: NSE Issues Warning for Disclosure Lapses

July 30, 2024 14:52

The National Stock Exchange of India (NSE) has issued a warning letter to Suzlon Energy for failing to comply with disclosure rules regarding an analyst's call. The NSE highlighted that Suzlon's...

Sebi Returns IPO Documents of Vishal Mega Mart, Avanse Financial Services

July 30, 2024 14:03

Sebi has returned the IPO draft documents of Vishal Mega Mart, Avanse Financial Services, Sai Life Sciences and BMW Ventures for non-compliance with regulations.

RBI Fines Visa, Ola & Manappuram for Compliance Violations

July 26, 2024 19:21

The Reserve Bank of India has imposed penalties on Visa Worldwide, Ola Financial Services and Manappuram Finance for deficiencies in regulatory compliance, including KYC violations and lack of...

Paytm's Payment Arm Investment Under Govt Review

July 26, 2024 16:32

Paytm seeks approval for Rs 50 crore investment in its payments arm, subject to review by an inter-ministerial panel due to Chinese investment. The panel will determine if the investment complies...

Irdai Orders Care Health to Buy Back ESOPs of Chairperson

July 25, 2024 21:59

Insurance regulator Irdai has directed Care Health Insurance to buy back ESOPs granted to its Chairperson Rashmi Saluja and imposed a fine of Rs 1 crore for violation of norms.

Paytm Shares Decline After Sebi Warning

July 16, 2024 16:56

Paytm parent firm One 97 Communications shares fell over 2% after receiving an administrative warning letter from Sebi over related party transactions.

Paytm Gets SEBI Warning Over Related Party Transactions

July 16, 2024 13:24

Paytm's parent company, One 97 Communications, received an administrative warning from SEBI for exceeding related party transactions with Paytm Payments Bank in FY22 without proper approvals.

Banking Sector Strong, Ready to Support Growth - RBI

July 9, 2024 19:47

RBI Deputy Governor says banking sector is in excellent financial health and poised to support India's economic growth. Auditors have a crucial role in maintaining financial stability and integrity.

Paytm Founder: We Should Have Done Better After RBI Action

July 6, 2024 20:37

Paytm founder Vijay Shekhar Sharma acknowledges shortcomings in response to RBI action on Paytm Payments Bank, highlighting the need for better responsibility fulfillment. He discusses the impact...

RBI Fines Punjab National Bank Rs 1.31 Crore for KYC Violations

July 5, 2024 19:45

The Reserve Bank of India has imposed a Rs 1.31 crore penalty on Punjab National Bank for non-compliance with KYC and loan-related regulations. The penalty was imposed following a statutory...

ISI Mark Mandatory for Stainless Steel & Aluminium Utensils

July 5, 2024 13:07

The Indian government has made ISI mark mandatory for stainless steel and aluminium utensils, ensuring consumer safety and product quality. Learn more about this new regulation.

CJI Advises SEBI, SAT on Caution Amid Market Surge

July 4, 2024 13:00

India's Chief Justice urges SEBI and SAT to exercise caution amid soaring markets, highlighting the need for stability and effective dispute resolution.

RBI Fines HSBC Rs 29.6 Lakh for Credit Card Violations

June 28, 2024 18:55

The Reserve Bank of India (RBI) has imposed a penalty of Rs 29.6 lakh on HSBC for non-compliance with directions related to credit card operations. The penalty was imposed following a supervisory...

Adani CFO Calls Sebi Notices Procedural: No Serious Issues

June 25, 2024 20:11

Adani group CFO says Sebi notices are procedural and trivial, reiterating compliance with regulations. The notices followed Hindenburg's allegations of corporate fraud, which Adani vehemently denies.

Google Extends Real Money Gaming Pilot: AIGF Calls It Anti-Competitive

June 21, 2024 21:44

Google extends its pilot program for real-money gaming in India, drawing criticism from the All India Gaming Federation (AIGF) who deem it arbitrary and anti-competitive.

Sebi Issues Guidelines for Clearing Member System Audit

June 20, 2024 20:14

Sebi has issued guidelines for system audits of professional clearing members (PCMs), including requirements for reporting non-compliances and auditor selection.

Sebi slaps penalty on OP Jindal Group's firm Hexa Tradex, other entities

June 18, 2024 20:42

Sebi has penalized OP Jindal Group's Hexa Tradex Ltd and its promoters for breaching delisting norms and disclosure rules. The regulator slapped fines totalling Rs 35 lakh.

RBI imposes Rs 1.45 cr penalty on Central Bank of India

June 14, 2024 18:42

The Reserve Bank of India has imposed a penalty of Rs 1.45 crore on Central Bank of India for non-compliance with directions related to loans and advances and customer protection.

RBI Fines SBM Bank (India) Rs 88.70 Lakh for Regulatory Violations

May 31, 2024 21:27

The Reserve Bank of India has imposed a penalty of Rs 88.70 lakh on SBM Bank (India) for non-compliance with certain regulatory norms, including licensing conditions and directions on Liberalised...

NCLAT Reopens Eagle Fashions Bid for Sumeet Industries

May 31, 2024 19:11

The National Company Law Appellate Tribunal (NCLAT) has asked NCLT to reconsider Eagle Fashions'' bid for debt-ridden Sumeet Industries, setting aside an earlier rejection.

RBI Restricts Edelweiss Lending, ARC Arms Over Evergreening

May 29, 2024 18:27

The Reserve Bank of India has imposed business restrictions on Edelweiss Group's lending and asset reconstruction arms over concerns about evergreening of loans.

Assam Tea Crisis: Small Growers Face Uncertainty Over Quality Rules

May 26, 2024 13:18

Assam's small tea growers face uncertainty as factories halt production due to quality regulations. The move could impact tea production and prices.

IOC, GAIL, ONGC Fined for Missing Board Requirements

May 26, 2024 10:47

IndianOil, ONGC, and GAIL fined for the fourth consecutive quarter for failing to meet listing requirements regarding board directors. The companies cited government appointment delays.

RBI Fines Hero FinCorp Rs 3.1 Lakh for Fair Practices Code Violation

May 24, 2024 19:52

The Reserve Bank of India (RBI) has imposed a penalty of Rs 3.1 lakh on Hero FinCorp Limited for non-compliance with certain provisions relating to fair practices code.

Vedanta Iron Ore Mining Resumes in Karnataka

May 21, 2024 19:42

Vedanta's iron ore mining operations at Chitradurga, Karnataka, have resumed after a suspension order was revoked due to the company's compliance with mining regulations.

GSTN Implements Machine Registration for Tobacco Manufacturers

May 17, 2024 13:59

GSTN has introduced a new procedure for pan masala and tobacco manufacturers to register their machines with tax authorities, aiming to curb tax evasion. The online facility for machine...

Sebi Fines Kwality Ex-Promoter Rs 5 Lakh for Insider Trading

May 14, 2024 19:21

Sebi has fined Sanjay Dhingra, former promoter of Kwality Ltd, Rs 5 lakh and barred him from securities markets for six months for insider trading violations.

Bombay HC Quashes Penalty on Tata Chemicals for 'Substandard Salt'

May 14, 2024 13:31

The Bombay High Court has quashed a penalty order against Tata Chemicals and others for selling substandard iodized salt, citing procedural lapses and lack of transparency in the case.

SEBI Notices to Adani: Congress Says 'Clean Chit' Claim False

May 3, 2024 20:57

Congress claims SEBI show cause notices to Adani Group companies expose the hollowness of the 'clean chit' claim by the conglomerate and BJP, following allegations of stock manipulation.

Adani Group: SEBI Issues Show Cause Notices for 7 Firms

May 3, 2024 18:13

Seven Adani Group companies received show cause notices from SEBI for alleged violation of related party transactions and listing regulations. The notices stem from a probe initiated after...

Adani Group Firms Get SEBI Show Cause Notices

May 3, 2024 13:47

Six Adani group companies received SEBI show cause notices for alleged violation of related party transactions and non-compliance with listing regulations, following a probe triggered by Hindenburg...

Kotak Mahindra Bank Addresses RBI Concerns: CEO

April 25, 2024 20:39

Kotak Mahindra Bank CEO Ashok Vaswani says the lender is actively working to address concerns raised by the RBI regarding IT compliance and risk management. The bank has temporarily paused new...

Sensex Gains 5th Day: Reclaims 74k, Nifty Above 22,550

April 25, 2024 17:06

Indian stock markets extended their rally for the fifth straight session on Thursday, with the Sensex reclaiming the 74,000 mark and Nifty closing above 22,550. Banking, financial and metal stocks...

Kotak Mahindra Bank Shares Plunge 12% After RBI Action

April 25, 2024 16:33

Kotak Mahindra Bank shares tanked 12% after the RBI barred the firm from onboarding new customers due to IT compliance issues. The bank's market cap eroded by Rs 39,768 crore.

Sensex Surges 500 Points, Reclaims 74k Mark

April 25, 2024 16:09

Indian equity benchmark Sensex rallied for the fifth straight day, driven by gains in banking, financial and metal sectors. Nifty also closed higher. Read more.

Kotak Mahindra Bank Shares Plunge 13% After RBI Action

April 25, 2024 10:58

Kotak Mahindra Bank shares tanked 13% after the RBI barred the firm from onboarding new customers online and issuing fresh credit cards due to IT compliance issues.

Markets Decline, Kotak Mahindra Bank Tanks 12% - NSE Nifty, BSE Sensex

April 25, 2024 09:59

Indian equity benchmarks declined in early trade, with Kotak Mahindra Bank plunging over 12% after the RBI barred it from onboarding customers online. Sensex fell 296.79 points, Nifty dipped 97.15...

RBI Bans Kotak Mahindra Bank From Online Onboarding, Credit Card Issuance

April 24, 2024 20:36

The Reserve Bank of India (RBI) has barred Kotak Mahindra Bank from onboarding new customers online and issuing credit cards due to significant IT deficiencies. The bank will continue to serve...

Kotak Bank Barred From Online Onboarding, New Credit Cards

April 24, 2024 17:21

RBI bans Kotak Mahindra Bank from online customer onboarding and issuing new credit cards due to IT compliance issues, citing 'serious deficiencies' in risk management.

RBI Bans Kotak Mahindra Bank from New Online Customers & Credit Cards

April 24, 2024 17:04

The RBI has barred Kotak Mahindra Bank from onboarding new customers online or issuing fresh credit cards due to deficiencies in IT risk management.

RBI Bans Kotak Mahindra Bank from New Online Customers & Credit Cards

April 24, 2024 16:28

The RBI has barred Kotak Mahindra Bank from onboarding new customers online and issuing fresh credit cards due to IT risk management deficiencies.

Paytm Launches Made-in-India Soundboxes for UPI & Credit Card Payments

April 22, 2024 18:48

Paytm introduces new 4G soundboxes enabling UPI and credit card payments, offering superior sound quality and battery life, made in India. Read more.

RBI Fines 5 Co-operative Banks Rs 60.3 Lakh for Regulatory Violations

April 18, 2024 20:03

The Reserve Bank of India has imposed penalties totaling Rs 60.3 lakh on five co-operative banks for violating regulatory norms related to loans, deposits, and account maintenance.

RBI Fines IDFC First Bank, LIC Housing Finance | Latest News

April 5, 2024 19:33

Reserve Bank of India (RBI) has penalized IDFC First Bank and LIC Housing Finance for violating certain norms related to loans and advances. Read more.

RBI Governor Das: No System-Wide Problem with NBFCs

April 5, 2024 17:02

RBI Governor Shaktikanta Das says there is no system-wide problem with NBFCs, despite recent actions against two firms. He clarifies the actions were taken after observing issues in loan processing...

Google Reinstates Delisted Indian Apps After Govt Intervention

March 5, 2024 20:00

Google has reinstated Indian apps after a billing dispute with the government. The tech giant will continue to charge fees, but a long-term solution is being sought.

AI Model Testing: Vaishnaw Warns Against Untested AI Release

March 4, 2024 23:14

India's IT Minister Ashwini Vaishnaw emphasizes the need for AI model testing before public release, citing safety and democratic process concerns. He also warns against irresponsible AI deployment.

AI Advisory: Big Platforms, Not Startups - MoS IT Chandrasekhar

March 4, 2024 15:03

India's AI advisory targets large platforms, not startups, says MoS IT Chandrasekhar. The advisory aims to regulate AI models and prevent unlawful content.

India Mandates AI Approval, Labeling: Govt Cracks Down on Under-Trial Models

March 2, 2024 17:37

India's government requires AI platforms to seek approval for deploying under-trial models and label them as such. This follows Google's AI controversy.

CAG Murmu: Auditors Must Engage Stakeholders for Transparency

March 1, 2024 18:44

CAG of India Girish Chandra Murmu stresses the importance of auditor engagement with stakeholders to promote transparency and accountability in local government operations. The three-day...

Paytm Shares Surge 5% on Discontinued Pacts with Paytm Payments Bank

March 1, 2024 16:53

Paytm shares soared 5% on Friday, hitting the upper circuit limit, after the company announced discontinuing inter-company agreements with Paytm Payments Bank to reduce dependencies. This move...

Paytm Shares Surge 5% After Discontinuing Pacts with Payments Bank

March 1, 2024 11:47

Paytm shares jumped 5% after the company announced the discontinuation of inter-company agreements with Paytm Payments Bank to reduce dependencies. The move comes amid RBI scrutiny of the payments...

Paytm, Paytm Payments Bank End Pacts Amid RBI Probe

March 1, 2024 09:25

Paytm and Paytm Payments Bank have discontinued inter-company agreements to reduce dependencies following RBI's action on PPBL over non-compliance and concerns. The move aims to strengthen PPBL's...

Paytm Shares Hit Lower Circuit: RBI Crackdown

February 28, 2024 11:37

Paytm shares plunged 5% to hit a lower circuit limit on Wednesday, following the RBI's crackdown on Paytm Payments Bank over compliance issues. Vijay Shekhar Sharma stepped down as chairman of...

Paytm Shares End Lower After Hitting Circuit Limit

February 27, 2024 17:17

Paytm shares closed marginally lower on Tuesday after hitting the upper circuit limit in intra-day trade. The stock exhibited volatility, falling to a low of Rs 413.55 before ending at Rs 427.50.

Paytm Shares Hit Upper Circuit Limit, Jump 5% - Paytm News

February 27, 2024 10:51

Paytm shares surged 5% on Tuesday, hitting the upper circuit limit for the day, following a volatile session. The rise comes amid RBI's crackdown on Paytm Payments Bank.

Paytm Payments Bank Crisis: Vijay Shekhar Sharma Resigns, Board Reconstituted

February 26, 2024 21:44

Vijay Shekhar Sharma steps down as Paytm Payments Bank Chairman amid RBI crackdown over non-compliance. The bank appoints new board members with extensive banking experience to ensure compliance...

Vijay Shekhar Sharma Resigns as Paytm Payments Bank Chairman

February 26, 2024 20:26

Vijay Shekhar Sharma has stepped down as Chairman of Paytm Payments Bank. The bank's board has been reconstituted following restrictions by the Reserve Bank of India.

RBI Fines SBI, Canara Bank, City Union Bank Rs 3 Crore - PTI

February 26, 2024 19:07

The Reserve Bank of India (RBI) has imposed penalties totalling almost Rs 3 crore on State Bank of India, Canara Bank, and City Union Bank for violating regulatory norms.

IOC, GAIL, ONGC Fined for Director Appointment Failure

February 25, 2024 14:56

IndianOil, ONGC, GAIL, and other PSUs fined for the third consecutive quarter for failing to meet listing requirements regarding board directors. The companies cite government control over...

Byju's EGM: Investors Seek Raveendran Ouster, File Suit

February 23, 2024 16:55

Investors at Byju's EGM seek to oust founder CEO Byju Raveendran and his family, citing mismanagement. They filed a lawsuit before NCLT.

Byju's EGM: Investors Seek Ouster of Raveendran, File Suit

February 23, 2024 13:59

Byju's shareholders hold an EGM to vote on a resolution to oust founder CEO Byju Raveendran and his family over alleged mismanagement. Investors file suit in NCLT.

Byju's Investors Sue Co-founder Raveendran for Mismanagement

February 23, 2024 12:46

Investors of Byju's filed an oppression and mismanagement suit against co-founder Raveendran and others, seeking his removal from the board and a new CEO.

Curbing Surrogate Ads: Govt Aims to Protect Consumer Rights

February 22, 2024 21:35

India's Department of Consumer Affairs seeks to curb surrogate advertising across industries to protect consumer rights. The government emphasizes the need for clear distinction between brand...

AI to Free Up Time for Chartered Accountants: ICAI Prez

February 21, 2024 17:54

ICAI President highlights the role of AI in assisting chartered accountants, freeing up time for analytical work and increasing demand for the profession.

Sebi Settles AIF Rule Violation Case with Four Entities - Rs 15 Lakh Penalty

February 20, 2024 17:47

Four entities, including Whitespace Alpha Trust and Whitespace Fund LLP, settled a case with Sebi for violating AIF rules by exceeding the investment limit in Reliance Industries. They paid Rs 15...

RBI Action on Paytm Payments Bank: Fintech Compliance Focus - Chandrasekhar

February 18, 2024 12:09

Union Minister Rajeev Chandrasekhar stresses regulatory compliance is not optional for fintech firms, highlighting the RBI action on Paytm Payments Bank. Learn about the importance of compliance...

RBI Extends Deadline for Paytm Payments Bank to March 15

February 16, 2024 17:40

RBI grants Paytm Payments Bank 15 more days to stop deposits and transactions until March 15, 2024, citing customer convenience and public interest.

FASTag: Paytm Payments Bank Removed From Authorized Issuers

February 16, 2024 11:24

IHMCL has removed Paytm Payments Bank from the list of authorized FASTag issuers due to regulatory concerns. Find out which banks are still authorized to issue FASTags.

FASTag: Paytm Payments Bank Removed from Authorised List - IHMCL

February 16, 2024 10:40

IHMCL, the toll collecting arm of NHAI, has removed Paytm Payments Bank from the list of authorised banks for FASTag issuance. Learn about the authorized banks and the latest updates on FASTag.

HCL Technologies Makes Hybrid Work Mandatory for DFS Employees

February 15, 2024 19:46

HCL Technologies has mandated a hybrid work model for its DFS employees, requiring them to work from the office at least three days a week. The company emphasizes teamwork and workplace culture as...

RBI Stops Visa, Mastercard Commercial Card Payments: KYC Concerns

February 14, 2024 22:52

The Reserve Bank of India has asked Visa and Mastercard to stop card-based commercial payments due to concerns over KYC compliance, affecting businesses and fintechs.

Paytm Shares Plunge 10% on FEMA Probe, Extend Losses - Moneycontrol

February 14, 2024 17:49

Paytm shares tanked 10% on Wednesday after reports of a preliminary inquiry against Paytm Payments Bank Ltd for alleged FEMA violations. The stock hit its 52-week low.

Paytm Shares Plunge 10% After RBI Ruling

February 13, 2024 16:46

Paytm shares hit their lower circuit limit after RBI refused to review its action against Paytm Payments Bank, citing concerns over non-compliance. The stock closed at Rs 380 on NSE and BSE.

Paytm Shares Plunge 8% Hit 52-Week Low

February 13, 2024 12:06

Paytm shares plummeted nearly 8% after RBI Governor Das ruled out a review of the central bank's action against Paytm Payments Bank, citing persistent non-compliances and supervisory concerns.

Paytm Bank Director Resigns Amidst RBI Action

February 12, 2024 21:56

Paytm Payments Bank independent director Manju Agarwal has resigned, citing personal reasons. This follows RBI's order to stop accepting deposits from Paytm Bank.

RBI Rules Out Paytm Payments Bank Review: No Relaxations

February 12, 2024 18:41

Reserve Bank of India Governor Shaktikanta Das has ruled out any review of the central bank's action against Paytm Payments Bank, citing persistent non-compliances and supervisory concerns.

RBI Rules Out Review of Paytm Payments Bank Action

February 12, 2024 16:51

RBI Governor Shaktikanta Das has ruled out any review of the central bank's action against Paytm Payments Bank, stating that the decision was taken after a comprehensive assessment of the lender's...

Govt Examines FDI from China in Paytm Payments

February 11, 2024 17:39

The Indian government is scrutinizing foreign direct investment from China in Paytm Payments Services Ltd, raising concerns about potential security risks and compliance with FDI rules.

Paytm Forms Advisory Panel Amid Regulatory Scrutiny

February 9, 2024 19:50

Paytm sets up a group advisory committee headed by former Sebi Chairman M Damodaran to address compliance and regulatory issues after its payments bank faced action for non-compliance with RBI norms.

Airtel Payments Bank Sees Surge in New Customers

February 9, 2024 17:57

Airtel Payments Bank reports a significant increase in new customer applications for bank accounts and FASTag, potentially driven by recent RBI action against Paytm Payments Bank.

Paytm Payments Bank Director Resigns After RBI Restrictions

February 8, 2024 22:32

Paytm Payments Bank's independent director resigned following RBI restrictions on the bank's operations. The RBI has imposed several penalties on the bank for non-compliance with regulations.

RBI Action on Paytm: Non-Compliance, No Systemic Risk

February 8, 2024 16:52

The Reserve Bank of India (RBI) clarifies that the action against Paytm Payments Bank is due to persistent non-compliance with regulations and emphasizes no systemic concerns.

RBI on Paytm: No Systemic Worries, Action Due to Non-Compliance

February 8, 2024 13:15

Reserve Bank of India Governor Shaktikanta Das says there are no systemic worries and the action on Paytm was driven by a 'lack of compliance'. Learn more about the reasons behind the RBI's action.

RBI to Deal with Paytm Issue, Says Financial Services Secretary

February 7, 2024 19:31

Financial Services Secretary Vivek Joshi says the RBI will handle the Paytm issue, while the government has no involvement. The RBI has taken action against Paytm Payments Bank for non-compliance,...

RBI Fines PFC Rs 8.8 Lakh for Liquidity Risk Compliance

February 6, 2024 19:39

The Reserve Bank of India (RBI) has imposed a penalty of Rs 8.8 lakh on Power Finance Corporation (PFC) for non-compliance with liquidity risk management regulations.

FAA to Hold Boeing Accountable for Safety Violations

February 6, 2024 16:54

The FAA's new chief says the agency will increase oversight and hold Boeing accountable for any safety violations following a recent incident with a Boeing 737 Max 9.

Vijay Shekhar Sharma: Paytm Founder's Rise & Controversies

February 4, 2024 16:39

Explore the journey of Vijay Shekhar Sharma, Paytm founder, from fintech success to controversies surrounding the company's Chinese investments and regulatory hurdles.

SBI Open to Paytm Customers After RBI Order - Latest News

February 3, 2024 19:46

SBI Chairman Dinesh Kumar Khara says the bank is ready to help Paytm customers affected by the RBI's order to stop its operations. Learn more about the latest developments.

RBI Fines Bajaj Housing Finance Rs 5 Lakh for Regulatory Violations

February 2, 2024 20:57

The Reserve Bank of India has imposed a penalty of Rs 5 lakh on Bajaj Housing Finance for non-compliance with certain regulatory provisions related to changes in management. The penalty is based on...

Sebi Settles AIF Rule Violation Case with 5 Entities - Rs 7.87 Lakh Fine

February 1, 2024 16:47

Five entities, including Kotak Alternate Assets Fund III and its managers, settled a case with Sebi for breaching investment limits in Kotak Optimus Moderate Scheme, leading to a Rs 7.87 lakh fine.

Company Name
Price
Volume

Vodafone Idea L
8.10 (+ 18.94)
352105814

GTL Infrastructure
1.50 (+ 7.14)
20982285

G G Engineering
0.90 (+ 11.11)
20091512

AvanceTechnologies
0.54 ( -8.47)
18780688

YES Bank Ltd.
17.33 (+ 2.61)
14468025

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