Punjab National Bank, Bank of Baroda, Bank of India and Canara Bank already charge their customers a levy for failing to maintain a minimum balance for a quarter or a month.
Rules for market infrastructure institutions such as stock exchanges, clearing corporations, and depositories have come under review by Sebi after five years.
U K Sinha's six-year tenure as chairman of Securities and Exchange Board of India ends later this week. Sinha held his last press conference in Mumbai on Monday, where he spoke on wide-ranging issues and his biggest regret.
Deficits could come under more pressure in coming years as states implement their own Pay Commissions.
Why self-audit by NSE, why weren't charges probed under your supervision, ministry asks regulator.
SBI might present the first result for the combined entity at the end of the first quarter of 2017-18
Rather, the existing ones should be implemented speedily to clean up the mess.
The exchanges have put in place systems which generate alerts on company-specific news in the media. And, then follow up with companies to verify the news.
The Essar group, Jindal Steel and Power, Monnet Ispat, Bhushan Steel and the Avantha group have been asked to close deals by March-end.
The second-longest serving chairman introduced quite a few measures for the primary market and implemented a new corporate governance framework.
The department of economic affairs is said to be in discussions with various probe agencies, including the income tax department and the Enforcement Directorate, and bankers in drafting the final rules.
Collection dived to 75-80% in November-December from 99% after demonetisation.
Bourses ask for okay in the 'permitted to trade' category; brokers and legal experts speak in favour.
Axis Bank's loan portfolio quality deteriorated, with gross NPAs rising to 5.22% of gross advances.
Legal hurdle cited in I-T action against 32,000 entities.
Banks lend 60,000 cr in 8 weeks since Nov 8; Y-o-Y credit expansion slows further.
Over 4 mn bank accounts could be dormant, suspects tax department.
Going by the pace, almost 80 per cent of the demonetised currency is expected to be replaced by end-February.
The upgrade, said Icra, takes into account the "robust internal accrual generation, leading to low reliance on debt, as well as gearing levels, and strong debt protection metrics".
The move to allow payments through digital wallets could give a fillip to distribution and reach for these investment vehicles, say experts.
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