Tag: regulatory compliance
Posted in Business
RBI may act against more NBFCs to check obscure lending practices: Morgan Stanley
As Reserve Bank of India (RBI) on Thursday sought action against four Non Banking Financial Companies asking them to cease and desist from making new…
Posted in Business
Why are SpiceJet shares rising today? GST dues, salary clearance and QIP
Sep 27, 2024 12:09 PM IST SpiceJet cleared all GST dues after a successful ₹3000 crore QIP. The airline settled dispute with Engine Lease Finance…
Posted in Economy
Responsible lending is as important as responsible borrowing: RBI official
A senior Reserve Bank of India (RBI) official urged banks to be responsible lenders while commenting on the significance of building consumer trust and protection…
Posted in Finance
RBI fines ICICI Bank, Kotak Mahindra Bank for defaulting in fraud reporting, loan recovery rules
The Reserve Bank of India has imposed monetary penalties on Kotak Mahindra Bank and ICICI Bank due to deficiencies in regulatory compliance, according to two…