Many people take personal loans for investment in the stock market, or for some suspicious scheme or some other work where the risk is quite high.
The four codes prepared for the entire country are Code on Wages, 2019; Industrial Relations Code, 2020; Code on Social Security, 2020 and that on Occupational Safety, Health & Working Conditions, 2020.
The indication from economists comes against the backdrop of retail inflation crawling below the 5% level (4.87%) in October 2023
Speaking at an event organised by industry body FICCI, Sebi chairperson Madhabi Puri Buch said the Sebi management will also table changes on insider trading norms before the board either in December 2023 or January 2024.
"In India, the momentum of the change in GDP is sequentially expected to be higher in Q3, 2023-24, with festival demand remaining ebullient," the article authored by a team lead by RBI Deputy Governor Michael Debabrata Patra said.
The fine has been imposed for non-compliance with certain directions issued by the RBI on KYC, 'Loans and Advances – Statutory and Other Restrictions' inter alias.
The risk weightage on retail loans advanced by NBFCs have been increased from 100% to 125%.
Vodafone Idea continued to lose market share both in the wireless and wireline segment in August 2023 as well.
Aditya Birla Sunlife Mutual Fund has recently launched Transportation and Logistics Fund. This is a thematic fund. How are thematic funds for investment, who should invest?