News for 'Board for Financial Supervision'

Highlights: Andhra Pradesh Reorganisation Bill

Highlights: Andhra Pradesh Reorganisation Bill

Rediff.com13 Feb 2014

Rediff.com highlights the provisions of the controversial Andhra Pradesh Reorganisation Bill, which was introduced by Home Minister Sushilkumar Shinde in Lok Sabha on Thursday amidst pandemonium.

Air India: Will JRD Tata's Legend Return?

Air India: Will JRD Tata's Legend Return?

Rediff.com14 Oct 2021

J R D Tata and Air India... Mrigank Warrier explores one of India's eternal love stories.

RBI to soon issue norms for Central Fraud Registry: Mundra

RBI to soon issue norms for Central Fraud Registry: Mundra

Rediff.com29 Mar 2015

Reserve Bank has almost finalised the structure of Central Fraud Registry.

Will India boycott Champions Trophy over ICC revenue deal?

Will India boycott Champions Trophy over ICC revenue deal?

Rediff.com26 Apr 2017

For India, pulling out of the tournament, to be staged in England and Wales in June, is a serious option if the revenue sharing talks break down.

Supreme Court defers RCA election results till Jan 17

Supreme Court defers RCA election results till Jan 17

Rediff.com6 Jan 2014

The fate of former IPL commissioner Lalit Modi, who contested the Rajasthan Cricket Association polls, is likely to be known on January 17 after the Supreme Court said it would open the sealed enveloped containing the results on that day.

Verdict on the RBI: Not guilty

Verdict on the RBI: Not guilty

Rediff.com9 Feb 2017

'The critics are getting carried away.' 'The challenge for the RBI is not any erosion of autonomy caused by demonetisation.' 'It's the whole attempt to reduce the RBI's stature and role that has been under way,' says T T Ram Mohan.

Budweiser maker pays Rs 40 cr, settles India bribery charge

Budweiser maker pays Rs 40 cr, settles India bribery charge

Rediff.com29 Sep 2016

Leading brewer Anheuser-Busch InBev will pay USD 6 million (Rs 40.2 crores) to the American authorities for settling charges of making "improper payments" to government officials in India to push sales and production.

BCCI finally clears players' central contract payments

BCCI finally clears players' central contract payments

Rediff.com22 Jun 2018

As per the revised contracts, the players in the A+ category will get Rs 7 crore, while ones in the A, B and C will get Rs 5 crore, Rs 3 crore and Rs 1 crore respectively.

Why is RBI copying US Fed?

Why is RBI copying US Fed?

Rediff.com14 Oct 2020

'India is not so distant from years of high and entrenched inflationary expectations that it should start trying to play games with the economy the way the West's central bankers think they are entitled to,' argues Mihir S Sharma.

Finance ministry rules out COO appointment in RBI

Finance ministry rules out COO appointment in RBI

Rediff.com14 Aug 2014

The finance ministry has ruled out the proposal for the appointment of a chief operating officer (COO) of the rank of deputy governor in the Reserve Bank of India (RBI), as the government feels no interim arrangements should be made for such high-profile appointments.

Religare's banking bid under Ranbaxy cloud

Religare's banking bid under Ranbaxy cloud

Rediff.com1 Jun 2013

Singh brothers might be stopped by 'fit & proper' hurdle due to US drug norm violations; firm says confident of qualifying.

RBI to give new licensees more time to set up banks

RBI to give new licensees more time to set up banks

Rediff.com3 Jun 2013

Application deadline may be extended but no leeway on priority-sector targets.

Why Rakesh Maria was ousted as Mumbai's top cop

Why Rakesh Maria was ousted as Mumbai's top cop

Rediff.com9 Sep 2015

While some say he went overboard in the Sheena Bora murder case, others feel Devendra Fadnavis is sending out a signal that the chief minister is in full command.

BCCI moves Supreme Court against Lalit Modi's participation in RCA polls

BCCI moves Supreme Court against Lalit Modi's participation in RCA polls

Rediff.com2 Jan 2014

The BCCI challenged the Rajasthan Sports Act 2005 allowing the former Indian Premier League commissioner to contest the RCA presidential elections on December 19 despite being banned for life by the Board.

Real purpose of SGM is to undermine us: COA writes to BCCI

Real purpose of SGM is to undermine us: COA writes to BCCI

Rediff.com5 Jun 2018

The BCCI secretary after requisition from 20 affiliated units had issued a circular to conduct a SGM in New Delhi, in order to discuss policy matters with regards to decisions taken by the Vinod Rai-led committee.

Who will be the next SBI chief?

Who will be the next SBI chief?

Rediff.com4 Oct 2017

B Sriram, the senior-most managing director at SBI, along with fellow MDs Rajnish Kumar, P K Gupta, and Dinesh Kumar Khara had been interviewed for the post

Forex scam: Banks face Sebi scrutiny

Forex scam: Banks face Sebi scrutiny

Rediff.com19 Oct 2015

State-run Bank of Baroda and Oriental Bank of Commerce are among those facing scrutiny.

Infosys says it has nothing to hide on severance pay to former CFO Rajiv Bansal

Infosys says it has nothing to hide on severance pay to former CFO Rajiv Bansal

Rediff.com21 Oct 2016

Rajiv Bansal's severance payment was Rs 17.38 crore

NPA policy: Stressed assets may be put on the block

NPA policy: Stressed assets may be put on the block

Rediff.com5 May 2017

The framework also envisages amendments to the Prevention of Corruption Act to exempt commercial decisions by PSBs from scrutiny by investigating agencies. Both the amendments are likely in the monsoon session of Parliament.

Mr Modi and markets: The next 3 years

Mr Modi and markets: The next 3 years

Rediff.com2 May 2016

We remain at the mercy of the global economic climate.

How outsourcing raises US banks' operational risks

How outsourcing raises US banks' operational risks

Rediff.com31 Oct 2013

Many Indian companies provide outsourcing services to various American entities, including large banks and financial institutions.

DeMo@1: I-T to probe 80K people for cash deposit of over Rs 10 lakh each

DeMo@1: I-T to probe 80K people for cash deposit of over Rs 10 lakh each

Rediff.com8 Nov 2017

This is the new addition to the tax data, which had identified over 600,000 people for scrutiny over huge inconsistencies in the cash deposits

Amrapali: How the treacherous trio diverted homebuyers money

Amrapali: How the treacherous trio diverted homebuyers money

Rediff.com9 Aug 2019

The three promoters - Anil Kumar Sharma, Ajay Kumar and Shiv Priya - had diverted Rs 1,500-1,600 crore through bogus methods like loans and advances between group firms at inflated rates.

China stocks suffer biggest single-day tumble since 2008, banks hammered

China stocks suffer biggest single-day tumble since 2008, banks hammered

Rediff.com19 Jan 2015

The CSI300 index of the largest listed companies in Shanghai and Shenzhen ended at 3,355.16 points and the Shanghai Composite Index at 3,116.35.

Find out why Pakistan suspended 16 bowlers

Find out why Pakistan suspended 16 bowlers

Rediff.com26 Sep 2014

In a major crackdown against chucking, a senior official revealed that Pakistan on Thursday suspended 16 domestic bowlers with suspect actions following the ban of ace off-spinner Saeed Ajmal.

Benami property transactions on I-T radar

Benami property transactions on I-T radar

Rediff.com31 Dec 2016

Income tax officials have directed property dealers and registration authorities to prepare a list of top property deals that have taken place in the last three years.

Bankruptcy law: State - 1; market - 0

Bankruptcy law: State - 1; market - 0

Rediff.com16 May 2016

The successful implementation of the new Act will depend on a much bigger involvement of the state through a huge new superstructure of registration, certification and supervision

The RBI has lost credibility and needs a revamp

The RBI has lost credibility and needs a revamp

Rediff.com16 Jan 2017

'The temptation of governments, to have a finger in the RBI pie will be just too great to resist, unless extensive amendments are carried out in the RBI Act treating it almost as the fourth branch of the government.'

Bankruptcy Code: Banks to gain, but not immediately

Bankruptcy Code: Banks to gain, but not immediately

Rediff.com13 May 2016

Bankruptcy Code will consolidate existing laws related to liquidation and sick industries

Modi, Jaitley must fix the economy jat pat!

Modi, Jaitley must fix the economy jat pat!

Rediff.com25 Sep 2017

'The hour is very late, and the choice between triumph and tragedy knocks at our door,' says Ajay Shah.

Infrastructure: Govt policy inconsistent

Infrastructure: Govt policy inconsistent

Rediff.com25 Mar 2015

Corporatisation of NHAI was one of the achievements of the NDA govt.

Why RBI needs to relook at the basic business of banking

Why RBI needs to relook at the basic business of banking

Rediff.com29 Oct 2015

PS banks need to pull up their socks to improve cash flows.

Wilful defaulters: IT department to use powers to arrest, detain

Wilful defaulters: IT department to use powers to arrest, detain

Rediff.com21 Jun 2016

The IT department has a designated official to execute these rare powers.

Power tariff subsidy, other AAP govt initiatives to stay

Power tariff subsidy, other AAP govt initiatives to stay

Rediff.com18 Feb 2014

Lt Governor Najeeb Jung, who is now administering Delhi after President's rule was imposed, on Tuesday made it clear that none of the decisions and initiatives taken by the Aam Aadmi Party government will be scrapped, including the 50 per cent subsidy on power tariff.

Sebi-FMC merger talks back at North Block

Sebi-FMC merger talks back at North Block

Rediff.com2 Jun 2014

DEA officials to push for this at a meeting with FM Jaitley.

Marriage of Regulators: Sebi absorbs FMC staff, to hire more

Marriage of Regulators: Sebi absorbs FMC staff, to hire more

Rediff.com13 Sep 2015

The manpower requirement will be met with the officers from FMC (both cadre and deputation) and by new hiring.

'Great risk to nations from undermining independence of central bank'

'Great risk to nations from undermining independence of central bank'

Rediff.com28 Oct 2018

'The Reserve Bank's independence has remained a work in progress, an enduring challenge that the nation has been grappling with on an ongoing basis,' says RBI Deputy Governor Dr Viral Acharya.

Enforcement Directorate turns up heat on Lalit Modi

Enforcement Directorate turns up heat on Lalit Modi

Rediff.com18 Jun 2015

To send a notice under money laundering law.

Rs 1.35 trillion bank bailout: 6 Qs for Jaitley

Rs 1.35 trillion bank bailout: 6 Qs for Jaitley

Rediff.com6 Nov 2017

Without bringing sound governance and technical capabilities into the RBI's work, injecting new money sets the stage for a next wave of bad behaviour by banks, warns Ajay Shah.

Naresh Goyal flew too close to the sun

Naresh Goyal flew too close to the sun

Rediff.com29 Apr 2019

'The airline business is very dynamic. If you are unable to keep up and lead, you end up last.' 'This is what has happened to Jet.'