The Securities and Exchange Board of India ( SEBI) slapped a penalty of Rs 10 crore on Gautam Thapar of the Avantha Group, for alleged fund diversion at CG Power and Industrial Solutions. The regulator also imposed Rs 5 crore on Avantha Holdings and Rs 1 crore each on IndusInd Bank and Aditya Birla Finance, lenders involved in the transactions with the Avantha Group. A total penalty of Rs 30. 15 crore has been slapped in the matter against 11 entities.
RBI has decided to increase the threshold limit for deposits and other extensions of funds made by non-financial Small Business Customers from ₹ 5 cr...
RBI in its MPC meeting held on June 8th, revised Indiarsquo;s estimated GDP growth rate for FY23 to be
RBI has decided to increase the threshold limit for deposits and other extensions of funds made by non-financial Small Business Customers from ₹ 5...
The place where banks’ mutual claims are settled, is called?
The Reserve Bank of India, recently has proposed to hike UPI (Unified Payment Interface) transaction limit for investing in IPO to…
Which among the following is a numerical measurement that is used to predict the chances of a business going bankrupt in the next two years.
Who has been recently appointed as an Executive Director by RBI to look after the Monetary Policy Department
Reserve Bank of India (RBI) inaugurated the Reserve Bank Innovation Hub (RBIH) which is intended to encourage and nurture financial innovation in a sus...
As per “Master Circular of RBI – Exposure Norms”, “The exposure” definition shall include which of the following options?
The Basel III norms have prescribed a Leverage ratio of a) ___% while the Reserve Bank of India has prescribed a leverage ratio of b)___% for D-SIBs and...
