financial statements

Mumbai, March 30 The RBI on Monday imposed a penalty of ₹31.8 lakh on Airtel Payments Bank for non-compliance with certain provisions related to disclosure in financial statements.The Reserve Bank of India (RBI) said it had conducted a statutory inspection for supervisory evaluation of the...

New Delhi, March 16 State-owned REC Ltd announced on Monday that its board of directors has approved the fourth interim dividend of 32%, or ₹3.20 per equity share with a face value of ₹10 each, for the fiscal year 2025-26.The record date for this interim dividend has been fixed as Friday...

Bengaluru, March 12 Fexo, an AI intelligence platform focused on the BFSI sector, announced on Thursday the launch of its proprietary AI decisioning engine for business loans.The new system is designed to help banks, NBFCs, and financial services providers accelerate the adoption of AI across...

Kochi, March 12 – The Kerala High Court dealt a major blow to Vellappally Natesan on Thursday by removing him from the post of General Secretary of the Sree Narayana Dharma Paripalana Yogam (SNDP Yogam) and disqualifying the organisation's entire Board of office-bearers for violating corporate...

Hyderabad, March 6 – The Directorate of Enforcement (ED), Hyderabad Zonal Office, has provisionally attached immovable properties worth Rs 26.86 crore in a bank fraud case involving Sowbhagya Ispat India Pvt. Ltd. (SIIPL).The properties, attached under the provisions of the Prevention of Money...

New Delhi, March 2 The securities regulator, Sebi, on Monday imposed penalties totaling ₹38 lakh on Coffee Day Enterprises Ltd and several of its officials for failing to comply with mandatory accounting and disclosure requirements while preparing financial statements.In its order, Sebi...

New Delhi, February 14 Ahmedabad-based Varvee Global Ltd has reported a net profit of Rs 5.34 crore for the December quarter of FY'26.The company had reported a net loss of Rs 6.94 crore in the October-December quarter a year ago, the denim maker said in a regulatory filing.Its revenue from...