RBI is revising the regulatory framework for Urban Co-operative Banks (UCBs)
The Reserve Bank of India (RBI) revised Regulatory Framework for Urban Co-operative Banks (UCBs) and issued detailed guidelines with...
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- 1 day ago
- 1 min
Bank holidays in December 2022: Full list of days when banks will be closed
As per the Reserve Bank of India’s (RBI) holiday calendar, banks in India will remain closed for 14 days in the month of December this...
- 2 days ago
- 1 min
RBI imposes monetary penalties on seven Cooperative banks for not following regulatory norms
The Reserve Bank of India (RBI) has, by an order last week, imposed monetary penalties on seven cooperative banks in different parts of...
- 2 days ago
- 5 min
A Successful Bidder as a matter of right cannot lay a claim for an extension of time for the payment
NCLAT held that a Successful Bidder as a matter of right cannot lay a claim for an extension of time for the payment of the balance...
- 3 days ago
- 1 min
IBBI releases Liquidation Processes ending with Order of Dissolution/Closure as on 31 October 2022
The Insolvency and Bankruptcy Board of India (IBBI) today released the list of Liquidation Processes ending with Order of Dissolution/...
- 3 days ago
- 2 min
RBI to launch the first pilot for retail digital rupee (e₹-R) on December 1
The Reserve Bank of India (RBI) announces the launch of the first pilot for retail digital Rupee (e₹-R) on December 01, 2022. It may be...
- 3 days ago
- 1 min
IBBI amends fee structures payable to the Insolvency and Bankruptcy Board of India
The Insolvency and Bankruptcy Board of India (Board) has recently amended its following regulations, vide which it has effected revision...
- 4 days ago
- 1 min
SEBI alerts RBI about Non-banking financial companies evergreening loans
The Securities and Exchange Board of India (SEBI) has informed the Reserve Bank of India (RBI) about instances of non-bank lenders...
- Nov 25
- 2 min
If maintenance of premises is liability of OC, it cannot be a ground to reject Section 9 Application
The NCLAT held that if maintenance of premises is the liability of the Operational Creditor in which there are certain lapses, these...
- Nov 25
- 2 min
HDFC Bank appoints Bhavesh Zaveri as Executive Director, Kaizad Bharucha as Deputy Managing Director
HDFC Bank, on Friday, announced the appointment of Bhavesh Zaveri as Executive Director and the re-designation of Executive Director...