The Reserve Bank of India (RBI) has directed Kotak Mahindra Bank to cease onboarding new customers through its online and mobile banking channels, and issuing fresh credit cards.
According to the directions, to commence the business of securitisation or asset reconstruction, an ARC is required to have a minimum net owned fund (NOF) of Rs300 crore and thereafter, on an ongoing basis.
New Delhi [India], April 24: PayU, one of India's leading digital financial services providers, today announced that it has received the in-principle authorisation from the Reserve Bank of India (RBI) with regard to its online payments aggregation (PA) business.
Inspired by ancient Indian religious texts, the famous Indian sculptor Ram Kinkar Baij crafted these sculptures to represent the sibling demi-gods who serve Kubera, the deity of wealth. According to mythology, Yaksha and Yakshi are entrusted with the sacred duty of safeguarding the treasures
To achieve its developmental goals over the next three decades, the Indian economy must grow at a rate of 8-10 per annum over the next decade to reap the demographic dividend that started accruing from 2018 and, as calculations show, will last till 2055, according to an article in the Reserv
Scottie Scheffler added another jacket, this one a red tartan from the RBC Heritage as he won by three shots with a 19-under total. He shot 69-65-63-68 in the four rounds
India's services exports, in US dollar terms, grew at a robust compound annual growth rate (CAGR) of more than 14 per cent over the last 30 years (between 1993 and 2022), significantly higher than India's merchandise export growth (10.7 per cent) as well as world services export growth (6.8
According to the Government of India notification dated October 06, 2017, and October 08, 2018, premature redemption of SGB may be permitted after the fifth year from the date of issue, aligning with the date on which interest is payable on the bond.
Mumbai (Maharashtra) [India], April 22: Shivalic Power Control Limited, is an ISO-certified LT and HT electric control panel manufacturer with a rich operating history of 20 years, offers a diversified range of electric control panels, including PCC, IMCC, Smart, MCC, DG Synchronization, Out
Scottie Scheffler's third round of 8-under 63 took him to 16-under 197 and is one-shot ahead of Sepp Straka (67) who got to 15-under after a 65. They will be in the final group on Sunday, with different wind and thunderstorms in the forecast