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Source: Business Standard 2 min read Last Updated : Sep 30 2024 | 9:41 PM IST The Securities and Exchange Board of India (Sebi) on Monday barred Seacoast Shipping Services’ (SSSL) chairperson and managing director, Manish Shah, and several others, including promoter entities, from the securities market until further orders for alleged manipulation of…
Source: Business Standard 2 min read Last Updated : Sep 30 2024 | 9:35 PM IST The growth in bank credit to the services sector moderated to 15.6 per cent year-on-year (Y-o-Y) in August 2024, down from 21 per cent a year ago, largely due to a considerable decline in credit to non-banking financial…
Source: Business Standard SEBI(Photo: Shutterstock) 3 min read Last Updated : Sep 30 2024 | 9:55 PM IST The Securities and Exchange Board of India (Sebi) on Monday approved the introduction of a new asset class, which gives greater flexibility to fund managers and aims to cater to investors with high-risk tolerance. The regulator…
Source: Business Standard The meeting focused on business performance, upgrading digital technology services, and fostering business growth in allied agriculture. | File Photo: PTI 1 min read Last Updated : Sep 30 2024 | 9:37 PM IST Union Finance Minister Nirmala Sitharaman on Monday directed the Regional Rural Banks (RRBs) to increase their share…
Source: Business Standard 2 min read Last Updated : Sep 30 2024 | 8:30 PM IST Markets regulator Sebi on Monday imposed a penalty of Rs 12 lakh on NSE Data And Analytics Ltd for its failure to segregate IT infrastructures and manpower between itself and its parent firm National Stock Exchange (NSE). …
Source: Business Standard 4 min read Last Updated : Sep 30 2024 | 8:33 PM IST The Reserve Bank of India (RBI) on Monday directed banks and non-banking finance companies (NBFCs) offering gold loans to thoroughly review their policies, processes, and practices to identify any gaps, while closely monitoring their gold loan portfolios amid…
Source: Business Standard In its order, the regulator observed that in 55 instances, there was a short collection of margin/ MTM amounting to Rs 33.16 lakh. | Photo: Shutterstock 3 min read Last Updated : Sep 30 2024 | 8:05 PM IST Capital markets regulator Sebi on Monday imposed a fine of Rs 10…
Source: Business Standard RBI DG Swaminathan Janakiraman 3 min read Last Updated : Sep 30 2024 | 7:31 PM IST The Reserve Bank of India (RBI) Deputy Governor Swaminathan J directed small finance banks (SFBs) to adopt responsible lending practices, as the target group of such lenders is mainly marginalised and underserved sections of…
Source: Business Standard 3 min read Last Updated : Sep 30 2024 | 2:27 PM IST Maan Aluminium shares zoomed 20 per cent to Rs 171.30 on the BSE on Monday’s intra-day trade after the company said it has been awarded ‘Zero’ rate of anti-dumping duty for the export of aluminium extrusions to the US. The…
Source: Business Standard 2 min read Last Updated : Sep 30 2024 | 7:11 PM IST REC Limited on Monday raised Rs 5,000 crore through CBDT-notified zero-coupon bonds (ZCBs) at an effective yield of 6.25 per cent per annum. The issue met with overwhelming demand, as the bond was oversubscribed seven times over the issue…
