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Yes Bank to float Asset Reconstruction Company, invites bids from investors
The interested investors or their sponsors should have a minimum asset under management (AUM) and fund deployed, globally, of at least $5 billion
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PMFBY: Parliamentary panel pulls up govt for delay in settlement of claims
The Parliamentary Standing Committee on Agriculture suggested the union agriculture ministry take action against the defaulting insurance companies
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Sebi eases operational procedure to make fee payments
Intermediaries can also generate an e-challan, which can be shared with the companies or entities for making the required payment.
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Cryptocurrencies not considered as legal tender or coins: Government
The decision comes on the back of the Inter-Ministerial Committee's ban on all cryptocurrencies in India except the ones issued by the state
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Cryptocurrency update: CoinDCX becomes country’s first crypto unicorn; Bitcoin slips 0.4%, Ethereum adds 0.9%
Binance Coin became the third most valued cryptocurrency in the world, pushing Tether USDT to the fourth position.
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Petrol price on August 11: Fuel prices remain static for 25th straight day in Delhi, Mumbai, Kolkata
Petrol prices in Delhi remained unchanged at Rs 101.84 per litre and diesel is at Rs 89.87 per litre
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NBFC-MFIs gross loan portfolio may grow by 10-15% in FY22: Report
The Portfolio At Risk (PAR) levels for the MFI industry spiked in FY21 due to the lockdown in the first half of the year.
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RBI notifies hike in collateral free loans to SHGs under Deendayal Antyodaya Yojana
For loans up to Rs 10 lakh to SHGs, no collateral and no margin will be charged, the RBI said in a circular.
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SAT delivers split verdict on PNB Housing Finance-Sebi tussle
The Sebi verdict means that the fate of the deal, which will see an infusion of funds into PNB Housing Finance, remains uncertain at least for now.
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Government looks to slash import tax on electric vehicles
Tesla argued that lowering import taxes on EVs to 40% would make them more affordable and increase sales
