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Market Regulator SEBI Orders Attachment Of Bank Accounts Of Videocon Founder Venugopal Dhoot To Recover Dues
Capital markets regulator Sebi has ordered the attachment of bank accounts and shares and mutual fund holdings of Venugopal Dhoot and Videocon industries' promoter entity Electroparts (India) to recover dues of around Rs 68.5 lakh.
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Step Up In Style: Mens Formal Footwear From Metro, Louis Philippe, And More At Up To 70% Off DuringMyntra Fashion Carnival
Ready to elevate your look without breaking the bank? The Myntra Fashion Carnival offers discounts of up to 70% on mens formal footwear from top brands. From traditional oxfords to trendy loafers, there's something for a variety of preferences and budgets.
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Robinhood Launches Desktop Platform, Adds Futures and Index Options Trading to App
Robinhood has launched its desktop platform and added futures and index options trading features to its mobile app. The Menlo Park, California-based company said its desktop trading platform, dubbed 'Robinhood Legend,' will focus on active traders.
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JioFinance App With UPI, Utility Payments and Loan Functionality Launched in India
The JioFinance app was launched in India on Friday as a one-stop solution for financial essentials. It has been developed by Jio Financial Services Limited (JFSL), previously a subsidiary of Reliance Industries Limited. The app, which is now available widely for users in the country, offers facilities such as carrying out UPI transactions, monitori...
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Major Tech Outages In Recent Years
A global tech outage was disrupting operations across multiple industries on Friday, with airlines halting flights, some broadcasters off air and services from banking to healthcare hit by system problems.
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Crypto Industry Criticises Lack of Bank Support for Cryptocurrencies, Asks RBI to Define Crypto-Banking Relations
The crypto industry in India has once again asked the Reserve Bank of India to define the status of the banking with crypto firms in the country. These companies have highlighted the moves taken by financial authorities in the world, who have begun to define the parameters that banks need to follow before growing their relationships with the crypto...
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After BSE, National Stock Exchange Companies' Market Capitalisation Hits $5 Trillion
The top five companies by market capitalisation are Reliance Industries Limited, Tata Consultancy Services Limited, HDFC Bank Limited, ICICI Bank Limited, and Bharti Airtel Limited, as per NSE.
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As RBI Marks 90 Years, PM Modi Calls For "Newer Banking Structure" For Future
Prime Minister Narendra Modi on Monday said there is a need to study "newer banking structure" with the evolving changes in the financial industry's landscape.
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Public Sector Banks Managing NPAs Better Than Private Sector: FICCI Survey
Public sector banks in India are doing better in comparison to their private sector counterparts in terms of non-performing assets, a survey conducted by industry body FICCI and banking association Indian Banks' Association (IBA) found.
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Millions Offline, Banks Shut: How Taiwan Is Preparing For China Invasion
Millions of people offline, banks knocked out and the world's most advanced semiconductor industry paralysed -- Taiwan's doomsday scenario includes not just invading Chinese troops but also a wave of attacks against its cyber infrastructure.
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Banks Ask Fintech Partners To Limit Personal Loans Amid Regulatory Glare: Report
Top Indian banks and non-bank lenders have asked their fintech partners to curtail issuing tiny personal loans, three banking and one industry source said on Thursday.
-
Banks Write Off Rs 10.5 Lakh Crore In 5 years, NPA Recovery Rs 7.1 Lakh Crore
Banks have written off Rs 10.57 lakh crore during the last five financial years, of which Rs 5.52 lakh crore was in respect of loans pertaining to large industries, the government informed the Parliament today.
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Be Judicious In Using Flexibility On Interest Rates:Governor To NBFC-MFIs
Stating that some Non Banking Finance Company-Microfinance Institutions (NBFC-MFIs) are making wider net interest margins, RBI Governor Shaktikanta Das on Wednesday asked entities to be "judicious" in using the flexibility on the interest rates they charge from borrowers.
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Telangana Polls: Hyderabad Police Freeze Rs 8 Crore Belonging To Private Firm
A sum of Rs 8 crore which was transferred online from a bank account allegedly from building material manufacturer Visaka Industries to a security service provider here was freezed by city police in the run up to the Telangana Assembly polls.
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Ransomware Attack On US Arm Of China's Largest Bank Disrupts Treasury Market
The US arm of China's largest bank said Thursday that it was hit by a ransomware attack, forcing clients to reroute trades and disrupting the US Treasury market.
-
Market Regulator SEBI Orders Attachment Of Bank Accounts Of Videocon Founder Venugopal Dhoot To Recover Dues
Capital markets regulator Sebi has ordered the attachment of bank accounts and shares and mutual fund holdings of Venugopal Dhoot and Videocon industries' promoter entity Electroparts (India) to recover dues of around Rs 68.5 lakh.
-
Step Up In Style: Mens Formal Footwear From Metro, Louis Philippe, And More At Up To 70% Off DuringMyntra Fashion Carnival
Ready to elevate your look without breaking the bank? The Myntra Fashion Carnival offers discounts of up to 70% on mens formal footwear from top brands. From traditional oxfords to trendy loafers, there's something for a variety of preferences and budgets.
-
Robinhood Launches Desktop Platform, Adds Futures and Index Options Trading to App
Robinhood has launched its desktop platform and added futures and index options trading features to its mobile app. The Menlo Park, California-based company said its desktop trading platform, dubbed 'Robinhood Legend,' will focus on active traders.
-
JioFinance App With UPI, Utility Payments and Loan Functionality Launched in India
The JioFinance app was launched in India on Friday as a one-stop solution for financial essentials. It has been developed by Jio Financial Services Limited (JFSL), previously a subsidiary of Reliance Industries Limited. The app, which is now available widely for users in the country, offers facilities such as carrying out UPI transactions, monitori...
-
Major Tech Outages In Recent Years
A global tech outage was disrupting operations across multiple industries on Friday, with airlines halting flights, some broadcasters off air and services from banking to healthcare hit by system problems.
-
Crypto Industry Criticises Lack of Bank Support for Cryptocurrencies, Asks RBI to Define Crypto-Banking Relations
The crypto industry in India has once again asked the Reserve Bank of India to define the status of the banking with crypto firms in the country. These companies have highlighted the moves taken by financial authorities in the world, who have begun to define the parameters that banks need to follow before growing their relationships with the crypto...
-
After BSE, National Stock Exchange Companies' Market Capitalisation Hits $5 Trillion
The top five companies by market capitalisation are Reliance Industries Limited, Tata Consultancy Services Limited, HDFC Bank Limited, ICICI Bank Limited, and Bharti Airtel Limited, as per NSE.
-
As RBI Marks 90 Years, PM Modi Calls For "Newer Banking Structure" For Future
Prime Minister Narendra Modi on Monday said there is a need to study "newer banking structure" with the evolving changes in the financial industry's landscape.
-
Public Sector Banks Managing NPAs Better Than Private Sector: FICCI Survey
Public sector banks in India are doing better in comparison to their private sector counterparts in terms of non-performing assets, a survey conducted by industry body FICCI and banking association Indian Banks' Association (IBA) found.
-
Millions Offline, Banks Shut: How Taiwan Is Preparing For China Invasion
Millions of people offline, banks knocked out and the world's most advanced semiconductor industry paralysed -- Taiwan's doomsday scenario includes not just invading Chinese troops but also a wave of attacks against its cyber infrastructure.
-
Banks Ask Fintech Partners To Limit Personal Loans Amid Regulatory Glare: Report
Top Indian banks and non-bank lenders have asked their fintech partners to curtail issuing tiny personal loans, three banking and one industry source said on Thursday.
-
Banks Write Off Rs 10.5 Lakh Crore In 5 years, NPA Recovery Rs 7.1 Lakh Crore
Banks have written off Rs 10.57 lakh crore during the last five financial years, of which Rs 5.52 lakh crore was in respect of loans pertaining to large industries, the government informed the Parliament today.
-
Be Judicious In Using Flexibility On Interest Rates:Governor To NBFC-MFIs
Stating that some Non Banking Finance Company-Microfinance Institutions (NBFC-MFIs) are making wider net interest margins, RBI Governor Shaktikanta Das on Wednesday asked entities to be "judicious" in using the flexibility on the interest rates they charge from borrowers.
-
Telangana Polls: Hyderabad Police Freeze Rs 8 Crore Belonging To Private Firm
A sum of Rs 8 crore which was transferred online from a bank account allegedly from building material manufacturer Visaka Industries to a security service provider here was freezed by city police in the run up to the Telangana Assembly polls.
-
Ransomware Attack On US Arm Of China's Largest Bank Disrupts Treasury Market
The US arm of China's largest bank said Thursday that it was hit by a ransomware attack, forcing clients to reroute trades and disrupting the US Treasury market.
