According to RBI, the directive, effective immediately, aims to address concerns over certain unfair practices observed during RBI's onsite examination of regulated entities (REs) for the period ended March 31, 2023.
The decision to revoke the CoR was made in light of the company's violations of RBI guidelines on risk management and code of conduct in outsourcing financial services, particularly in its digital lending operations conducted through various third-party apps.
Jakarta [Indonesia], April 29: Recently, Gstar held a groundbreaking ceremony for its silicon rod and silicon wafer factory, marking the beginning of the rapid construction phase. This move not only signifies a significant breakthrough for Gstar in its global photovoltaic industry layout but
Gondia (Maharashtra) [India], April 29: Simpolo Vitrified, one of the leading players in the Indian ceramic industry recognized as most innovative player and pioneers of large format Sintered compact surfaces and 16/20mm thickness outdoor tiles, Kitchen platform tiles and many other categori
New Delhi [India], April 29: In the ever-changing vista of modern agriculture, the quest for maximizing crop yield while minimizing resource input remains paramount. Millets, a highly varied group of nutrition rich grasses grown as course cereal crops around the world, face the perennial cha
London [UK], April 29: Circular Computing and Total IT Global sign strategic agreement to supply BSI-certified remanufactured laptops. The global leader in IT remanufacturing will provide laptops that perform "equal to or better than new" while saving on both emissions and costs. Total IT
Scheduled for May 8th, Prince Harry will deliver a reading at a ceremony in London's St Paul's Cathedral, marking ten years since the inception of the Invictus Games. His last visit to the UK was in February, following the announcement of his father King Charles' cancer diagnosis.
India has initiated the process of sending sacred Sarayu river water to Sri Lanka for the construction of the revered Sita Amman Temple, dedicated to Goddess Sita.
The Prime Minister further slammed the Congress party for rejecting an invitation to the Ayodhya Ram Temple inauguration ceremony earlier in January this year.
Tearing into Congress leader Rahul Gandhi over his remark that "Rajas and Maharajas used to take away lands", Prime Minister Narendra Modi on Sunday said the Wayanad MP doesn't speak a word on the atrocities committed by the "Nawabs, Nizams, Sultans, and Badhshahs", adding that the statem
Lt. General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Interior, graced the inaugural Graduation Ceremony of the DIHAD Humanitarian College Master's Programme in Sustainable Humanitarian Action.
The Bharat Rashtra Samithi (BRS) celebrated its foundation day across Telngana with grand celebration at its headquarters, Telangana Bhavan, in Hyderabad on Saturday.