New Delhi, February 17 The Competition Commission of India (CCI) has approved the proposed merger of Hinduja Leyland Finance Ltd with NDL Ventures Ltd.Hinduja Leyland Finance is an NBFC-Asset Finance Company that provides small-ticket loans to urban and semi-urban retail customers. It provides...
asset finance
business combination
competition commission of india
financialregulation
hinduja leyland finance
india
mergers and acquisitions
nbfc
ndl ventures ltd
regulatory approval
New Delhi, February 16 The Enforcement Directorate has imposed a penalty of Rs 184 crore under the FEMA against the news portal NewsClick and its editor-in-chief, Prabir Purkayastha, official sources said on Monday.The order specifies that the company that owns the portal – PPK NEWSCLICK...
Mumbai, February 13 The Reserve Bank proposed on Friday allowing banks to extend loans to REITs, capping the total exposure at 49 percent of the asset value under each investment trust.Banks will provide loans only to listed Real Estate Investment Trusts (REITs).Currently, there are five...
asset value
banking
banks
credit facilities
financialregulation
india
investment trusts
invits
loan capping
real estate finance
real estate investment trusts
regulatory action
reits
reserve bank of india
sebi
Mumbai, February 13 The Reserve Bank of India (RBI) imposed monetary penalties on Bank of Maharashtra, DCB Bank, and CSB Bank on Friday for non-compliance with directions.The central bank imposed a fine of Rs 32.50 lakh on Bank of Maharashtra, Rs 29.60 lakh on DCB Bank, and Rs 63.60 lakh on...
bank of maharashtra
banking compliance
banking sector
credit information companies
csb bank
dcb bank
financialregulation
iifl finance
india
loan-to-value ratio
monetary penalties
navi finserv
non-performing assets
rbi
reserve bank of india
New Delhi, February 13 Sebi Chairman Tuhin Kanta Pandey on Friday highlighted the risks posed by artificial intelligence in the financial system and stated that regulations must evolve to supervise systems and technology, and manage the boundary between regulated finance and unregulated digital...
Mumbai, February 11 RBI Deputy Governor Swaminathan J. said that ethics in banking is not a soft topic but a core safeguard for the financial system.Strong ethical standards protect customers, employees, and institutions, the career banker-turned-central banker said."Ethics in banking is...