Search For "section 7"
Union Cabinet clears proposed change to Insolvency and Bankruptcy Amendmen
Updated : 6 years, 4 months ago IST
New Delhi [India], Jan 9 (ANI/NewsVoir): Recently the Union Cabinet has cleared a proposed change to Section 7 of the Insolvency and Bankruptcy Amendment Bill (2019) which suggests that at least 100 or 10 per cent of the total buyers, whichever is lower in a real estate project will have to
Read More
RBI Central Board meet: Governance Framework among key issues discussed
Updated : 7 years, 5 months ago IST
Mumbai (Maharashtra) [India], Dec 14 (ANI): The Reserve Bank of India's (RBI) Central Board on Friday deliberated on the banks's Governance Framework during its meeting here and concluded that the matter required further examination, the central bank's Chief General Manager, Jose J. Katoor c
Read More
Urjit Patel avoids questions about RBI-Centre rift
Updated : 7 years, 5 months ago IST
Mumbai (Maharashtra) [India], Dec 5 (ANI): Reserve Bank of India (RBI) Governor Urjit Patel on Wednesday refused to take any questions about the central bank's alleged rift with the Union government, including the invocation of Section 7 of the RBI Act earlier this year.
Read More
Govt invoked Section 7 of RBI Act after Allahabad HC orders: Source
Updated : 7 years, 5 months ago IST
New Delhi [India], Nov 28 (ANI): The central government's decision to invoke Section 7 of the Reserve Bank of India (RBI) Act was taken in compliance with directions from the Allahabad High Court, a source confirmed.
Read More
RBI, Centre's rift a family issue: Charan Singh
Updated : 7 years, 6 months ago IST
New Delhi [India], Nov 3 (ANI): Amid the rift between the Reserve Bank of India (RBI) and the Bharatiya Janata Party-led Centre, former RBI Chair Professor of Economics, IIM Bangalore and CEO of EGROW Foundation, Charan Singh said that it is just a "family issue" and should not be seen to
Read More
Central bank's autonomy an accepted governance requirement: Finance Minist
Updated : 7 years, 6 months ago IST
New Delhi [India], Oct 31 (ANI): Amid some media reports stating that Reserve Bank of India (RBI) governor Urjit Patel may consider resigning after an alleged rift with Union Finance Minister Arun Jaitley, the Finance Ministry on Wednesday clarified that the government holds "extensive consu
Read More
Daman: CBI arrests Police sub-inspector for bribery
Updated : 8 years, 7 months ago IST
Daman (Daman and Diu) [India], September 28 (ANI): The Central Bureau of Investigation (CBI) on Thursday caught a Daman Police sub-inspector red-handed while allegedly accepting a bribe of Rs 60,000.
Read More