The decision by the Reserve Bank of India to introduce a unified regulatory framework on connected lending for all the regulated entities (RE) is expected to reduce the influence of business......
Benchmark indices Sensex and Nifty eked out gains in volatile trade to extend the winning streak to a third straight day on Tuesday amid weak trends in global markets as investors turned cautious......
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......
'I was shocked by the kidnapping episode. I could have lost my life.' IMAGE: Mehul Choksi. Photograph: PTI Photo Fugitive diamantaire Mehul Choksi claims he had planned to leave the country......
India may adopt norms similar to the US Federal Reserve model, which regulates conglomerate-led banks in the country. Recently, Reserve Bank of India’s (RBI’s) internal working......