Senior bankers anticipate discussions on issues related to technology, cyber security, and customer protection.
An Enforcement Directorate officer was arrested for demanding and accepting a bribe of Rs 20 lakh from a a government employee, the Directorate of Vigilance and Anti-Corruption (DVAC), said on Friday.
What some of our leaders were up to on Thursday, October 5, 2023.
At a time when the role of corporate boards is once again under the scanner, independent directors on the Paytm Payments Bank board have indicated that red flags were raised over regulatory issues but they may have been late in doing so. "As independent directors, we asked questions and monitored responses to the Reserve Bank of India (RBI). Many changes were made on compliances. "Obviously, in retrospect, it was not found to be enough," said one of the independent directors on the condition of anonymity.
A team of tax department officials is undertaking the raids against Jadhav, also the chairman of the BMC standing committee, since early morning, they said.
Congress president Mallikarjun Kharge on Sunday accused the Bharatiya Janata Party-led central government of being 'undemocratic', and said people will have to strongly fight against its 'dictatorship' to save democracy.
'Modi is imposing himself as the face of Gujarat to send a message that people should not forget that a Gujarati is prime minister.'
While the collapse of a large financial intermediary can wreak havoc on the system because of the interconnectivity, a large business conglomerate too can play spoilsport if the banks have too much exposure to the entity, explains Tamal Bandyopadhyay.
Penalty must act as a deterrent. If it is too low, it could encourage the regulated entities to lap up penalty instead of complying with the norms, suggests Tamal Bandyopadhyay.
The chief minister pointed out that prompt action had been taken by the Punjab Police and the accused had been caught without delay, unlike in the Hathras incident. "That was why Rahul Gandhi had to rush to Hathras, to secure justice for the victim's family, and did not need to visit Hoshiarpur," he said.
The Central Bureau of Investigation, investigating into the cases relating to YSR Congress chief Y S Jaganmohan Reddy and Emaar Properties land deal, on Wednesday issued 30 more notices to various firms and individuals.
Monkey menace in Delhi has hit the prominent address of Congress Chief Sonia Gandhi's daughter Priyanka, sending officials into a tizzy.
Babula Patel has been convicted for a sex offence and corrupting the morals of a minor.
Bangladesh Cricket Board (BCB) has ruled out a neutral venue for their home series against England should the visiting team cancel their tour of the south Asian country after the July 1 attack at an upmarket Dhaka restaurant that left 20 dead.
'I have taken a loan of Rs 35 lakhs.' 'Even if my university allows me to stay, I feel cheated.' 'Thousands of Indian students in the US will be forced to return to India if their college/university courses go fully online.
In the last policy review in December, RBI had decided to keep policy rate unchanged.
The resignation is sure to create more political firestorms for the government as it comes on the eve of the winter session of Parliament where the Opposition has already made it clear to the treasury benches that infringing on the RBI autonomy would be a big talking point for them.
A criminal case has been registered against the group by the agency in connection with non-payment of crores of rupees to depositors after it got some fresh reports in this regard from the Sebi.
Heading to the third year, will Urjit Patel be busy firefighting a currency crisis? Almost no governor of the RBI managed to evade it and Patel perhaps knows it.
With Shanghai Cooperation Organisation set to admit India and Pakistan amid growing rancour over their Nuclear Supplies Group membership bid, a Chinese state-run daily expressed concern on Friday that the hostility between them may have a "negative effect" on the security grouping.
'Vanita Gupta is the greatest civil rights lawyer of her generation' Praise comes flying in from all corners Vanita Gupta is appointed acting US Assistant Attorney General for Civil Rights. The 39-year-old is known for her work in criminal justice reforms, legalising marijuana and racial justice, reports Aziz Haniffa/Rediff.com.