Mumbai (Maharashtra) [India], July 11 (ANI): The Bombay High Court on Thursday dismissed a plea of beleaguered liquor baron Vijay Mallya seeking a stay on the procedure for the confiscation of his properties by the government agencies in connection with a Rs 9,000-crore money laundering a
Mumbai (Maharashtra) [India], July 11 (ANI): Reliance Infrastructure Limited's 16 lenders have signed the inter-creditor agreement (ICA), the Anil Ambani-owned company said on Thursday, adding it aims to be debt free by next year.
New Delhi [India], July 8 (ANI): Union Finance and Corporate Affairs Minister Nirmala Sitharaman on Monday underscored the importance of coordination between the Reserve Bank of India (RBI) and the government.
New Delhi [India], July 8 (ANI): Reserve Bank of India (RBI) Governor Shaktikanta Das said on Monday it will do its best after being given the additional responsibility of supervising and regulating non-banking financial companies (NBFCs) in a bid to boost investment and lending in the econo
Krishna (Andhra Pradesh) [India], July 7 (ANI): A State Bank of India (SBI) cashier was arrested on Saturday from Vijayawada for allegedly swindling the account holders' money and gold amounting to Rs 80 lakh, police said.
New Delhi [India], July 5 (ANI): The government will strengthen regulatory authority of Reserve Bank of India (RBI) over non-banking financial companies (NBFCs), Finance Minister Nirmala Sitharaman said on Friday.
New Delhi [India], July 5 (ANI): The government will work with Reserve Bank of India and Securities and Exchange Board of India to enable stock exchanges to allow AA rated bonds as collaterals, Finance Minister Nirmala Sitharaman said on Friday while presenting the Union Budget 2019-20 in
Lucknow (Uttar Pradesh) [India], July 3 (ANI): The Enforcement Directorate (ED) on Wednesday attached the assets worth Rs 15 crore of JKV Land and Infrastructures and its former managing director in Lucknow for cheating investors under the provisions of Prevention of Money Laundering Act, 20
New Delhi [India], July 3 (ANI): The Delhi High Court on Wednesday sought responses from Reserve Bank of India (RBI), Enforcement Directorate (ED) and PayPal Payments Private Limited on a plea that the company is unauthorised and was doing illegal operation in India as a Payment Systems in
Mumbai (Maharashtra) [India], July 3 (ANI): The Reserve Bank of India (RBI) has imposed a penalty of Rs 1.75 crore on four public sector banks for non-compliance with KYC requirement and norms for opening of current accounts.
New Delhi [India], July 2 (ANI): Finance Minister Nirmala Sitharaman will address the Reserve Bank of India's (RBI's) central board of directors in a customary post-budget meeting on July 8.