The FinTech Hub
Source: Business Standard 4 min read Last Updated : Oct 01 2024 | 9:05 PM IST The Securities and Exchange Board of India (Sebi) on Tuesday announced six key changes to the derivatives trading framework to prevent excessive speculative activity amid concerns around mounting losses of individual traders. These measures include increasing the…
Source: Business Standard 2 min read Last Updated : Oct 01 2024 | 7:45 PM IST NPCI Bharat BillPay (NBBL), a wholly owned subsidiary of the National Payments Corporation of India (NPCI), on Tuesday partnered with the Pension Fund Regulatory and Development Authority (PFRDA) to integrate the National Pension System (NPS) as a biller…
Source: Business Standard 3 min read Last Updated : Oct 01 2024 | 6:23 PM IST The Securities and Exchange Board of India (Sebi) board meeting on Monday was expected to address allegations of disclosure lapses and conflicts of interest against chairperson Madhabi Puri Buch. However, two board members revealed that the issue was…
Source: Business Standard 2 min read Last Updated : Oct 01 2024 | 5:43 PM IST Aditya Birla Sun Life AMC Limited (ABSLAMC) has launched a new Target Maturity Fund aimed at investing in India’s leading Non-Banking Financial Companies (NBFCs) and Housing Finance Companies (HFCs). The fund, named ‘Aditya Birla Sun Life CRISIL-IBX AAA NBFC-HFC…
Source: Business Standard 2 min read Last Updated : Oct 01 2024 | 7:17 PM IST India’s market regulator tightened the rules for equity derivatives trading on Tuesday, raising the entry barrier and making it more costly to trade in the asset class, despite pushback from investors. The Securities and Exchange Board…
Source: Business Standard 5 min read Last Updated : Oct 01 2024 | 6:25 PM IST Financial wellness has seen a decline, particularly among millennials, according to ICICI Lombard General Insurance’s 7th edition of its India Wellness Index 2024, released on Monday. The survey, covering 2,155 consumers across 19 cities in India, highlights that…
Source: Business Standard In September 2021, Sebi slapped penalties totalling Rs 75 lakh on industrialist Dhoot for insider trading in the securities of Videocon Industries. | Photo: Shutterstock 2 min read Last Updated : Oct 01 2024 | 5:54 PM IST Capital markets regulator Sebi has sent demand notices to industrialist Venugopal Dhoot and…
Source: Business Standard 3 min read Last Updated : Oct 01 2024 | 5:54 PM IST Gross non-performing assets ratio for the banking system is set to improve to a decadal best of 2.5 per cent in 2024-25, domestic rating agency Crisil said on Tuesday. It, however, flagged concerns around unsecured exposures like…
Source: Business Standard 2 min read Last Updated : Oct 01 2024 | 5:30 PM IST Global financial services firm Waystone opened its first India office in Mumbai on Monday. The Dublin-based firm provides institutional governance, administration, risk, and compliance services to global asset management companies. The company said that the Mumbai office…
Source: Business Standard 2 min read Last Updated : Oct 01 2024 | 4:46 PM IST Car insurance provides financial backup in case of accidents, theft, and damage. Renewing it in time is important, and failure to do so can lead to penalties, loss of financial protection, and increased premiums. Click here…
