Bombay High Court halts fraud notices against Anil Ambani, raises concerns over banks’ compliance
The Bombay High Court granted interim relief to industrialist Anil Ambani by staying fraud classification notices. The court questioned whether lenders followed mandatory legal safeguards and regulatory norms before acting.…
Paytm Payments Bank goes missing from list of 32 banks for buying Fastags
India’s road toll authority, the Indian Highways Management Company, has released a list of 32 authorized banks for purchasing Fastags, omitting Paytm Payments Bank, as per reports. Highway users are…
Bharat Bandh: Kerala, WB endure big impact, Left activists block trains
A two-day nationwide strike (Bharat Bandh) of trade unions has started today. In protest against the change in labor laws and the decision of privatization of the Centre. Its impact…
‘A global effort needed’: What PM Modi said on cryptocurrencies at WEF summit
Indian Prime Minister Narendra Modi said on Monday that a collective global effort is needed to deal with the problems posed by cryptocurrenices. We have to have a similar mindset,”…
India ahead of China in financial inclusion metrics, says SBI report
NEW DELHI: India is now ahead of China in financial inclusion metrics, as the number of persons with deposit accounts at banks has significantly increased, comparable with emerging economy peers…