Tag: regulatory compliance

SpiceJet has cleared all GST dues and settled a dispute with ELFC. The airline also paid off salary dues to employees, showcasing its financial discipline and regulatory compliance.
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…

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Responsible lending is as important as responsible borrowing: RBI official
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…

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RBI fines ICICI Bank, Kotak Mahindra Bank for defaulting in fraud reporting, loan recovery rules
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…

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