Articles for Rbi Guidelines

LIC’s unclaimed maturity amounts at ₹881 cr in FY24
Trending News
3 weeks, 4 days ago

LIC’s unclaimed maturity amounts at ₹881 cr in FY24

Live Mint  

New Delhi, Dec 16 Life Insurance Corporation has unclaimed maturity amounts of ₹880.93 crore in 2023-24, Parliament was informed on Monday. As many as 3,72,282 policyholders did not claim maturity benefits during FY2024, Minister of State for Finance Pankaj Chaudhary said in a written reply to the Lok Sabha. In order to reduce the Unclaimed and Outstanding Claims, LIC has …

Claim Unclaimed Inr Lic Fer Rbi Guidelines
South Kolkata District Commission Holds UCO Bank Liable For Failure To Utilize CBS Facility To Transfer Matured FD Amount
8 months, 3 weeks ago

South Kolkata District Commission Holds UCO Bank Liable For Failure To Utilize CBS Facility To Transfer Matured FD Amount

Live Law  

The District Consumer Dispute Redressal Commission-III, South Kolkata bench comprising Mrs. Monihar Begum and Mr. Manish Deb held UCO Bank liable for deficiency in service for failure to utilize the Core Banking Solution facility to credit the matured fixed deposit amount in the Complainant's savings account. In response, the Bank denied all allegations and contended that it had repeatedly requested …

Bank Held Commission Complainant Rbi District Cbs
RBI issues draft guidelines on payment aggregators | Check details
8 months, 3 weeks ago

RBI issues draft guidelines on payment aggregators | Check details

India TV News  

Aiming to boost the payment ecosystem, The Reserve Bank of India on Tuesday issued draft guidelines to further strengthen regulations on payment aggregators. "Given the growth in digital transactions and the significant role that PAs play in this space, the current directions on PAs are proposed to be updated and cover, inter alia, KYC and due diligence of merchants, operations …

Rbi Draft Kyc Pas Due Diligence Payment Aggregators Payment Transactions
Stocks to Watch: Infosys, HCL Tech, Maruti Suzuki, Vedanta, IndiGo, Zee
1 year, 2 months ago

Stocks to Watch: Infosys, HCL Tech, Maruti Suzuki, Vedanta, IndiGo, Zee

Live Mint  

Here are the top stocks that could be in focus in today's trade: Infosys: Information Technology services major, Infosys Ltd on Thursday reported a mere 3.2% year-on-year rise in its consolidated net profit for the fiscal's second quarter ended September to ₹6,212 crore compared to ₹6,021 crore in the year-ago period. HCL Tech: HCL Technologies reported a rise of 9.8% …

Maruti Suzuki Crore Rbi Indigo Filing Zee Suzuki
Calcutta High Court Quashes Trespass Charges Against Bank's Debt Manager, Says Visit To Defaulter's House Was In Due Course Of Official Duty
1 year, 5 months ago

Calcutta High Court Quashes Trespass Charges Against Bank's Debt Manager, Says Visit To Defaulter's House Was In Due Course Of Official Duty

Live Law  

The Calcutta High Court recently quashed the criminal proceedings for trespass and intimidation initiated against ICICI Bank's debt manager who had visited the house of a credit card holder in connection with pending dues. A single-judge bench of Justice Shampa Dutt held, “The petitioner being the Debt Manager of the bank's separate wing, with appropriate training as per RBI guidelines …

Court Bank Complainant Dues Rbi Icici Bank Criminal Charges
Cyberbullying is a psychological war against Indians
1 year, 6 months ago

Cyberbullying is a psychological war against Indians

New Indian Express  

The Ministry of Home Affairs has come up with many initiatives to tackle cybercrimes. However many unscrupulous loan apps keep surfacing in the digital world. In order to save the victims of cyberbullying, the Government of India opening a national level ‘cyber victim counselling centre’ with a common helpline number would be a commendable move. It can function with trained …

Loan Apps
Monthly Digest Of IBC Cases: May 2022
2 years, 7 months ago

Monthly Digest Of IBC Cases: May 2022

Live Law  

Supreme Court Supreme Court Declares Noida As An Operational Creditor Under The Insolvency And Bankruptcy Code, 2016 Case title: New Okhla Industrial Development Authority v Anand Sonbhadra Case No. The National Company Law Appellate Tribunal, Principal Bench, comprising of Justice Ashok Bhushan, Ms. Shreesha Merla and Mr. Naresh Salecha, while adjudicating an appeal has upheld that Corporate Insolvency Resolution Process …

Supreme Court Court Insolvency Resolution Customs Corporate Debtor Operational Creditor
IBC Cases Weekly Round UP: 16th To 22nd May, 2022
2 years, 7 months ago

IBC Cases Weekly Round UP: 16th To 22nd May, 2022

Live Law  

Supreme Court Declares Noida As An Operational Creditor Under The Insolvency And Bankruptcy Code, 2016 Case title: New Okhla Industrial Development Authority v Anand Sonbhadra Case No. : 2022 LiveLaw 497, CA 910 of 2021 The Supreme Court Bench comprising of Justices DY Chandrachud and Surya Kant has held that the provisions of Section 18 of the Limitation Act, 1963 …

Supreme Court Insolvency Title Order Held Noida Nclt
IBC AND RBI Guidelines Are 'Disjoint Sets', "There Is No Question Of One Prevailing Over The Other": NCLT Kolkata Dismisses Application Filed By SREI Ex Promoter Hemant Kanoria
2 years, 7 months ago

IBC AND RBI Guidelines Are 'Disjoint Sets', "There Is No Question Of One Prevailing Over The Other": NCLT Kolkata Dismisses Application Filed By SREI Ex Promoter Hemant Kanoria

Live Law  

The National Company Law Tribunal, Kolkata Bench, comprising of Shri Rajasekhar V.K. The application was filed by Ex-Promoter of SREI Infrastructure Finance Ltd., Mr. Hemant Kanoria, challenging the KPMG Audit which was conducted under RBI guidelines. Application Filed By Mr. Hemant Kanoria An application bearing IA No.75/KB/2022 was filed by Mr. Hemant Kanoria, who is the Ex-Promoter, Shareholder and Ex …

Corporate Debtor Bank Audit Applicant Report Nclt Rbi
Parliament proceedings | Banks wrote off ₹1.15 lakh cr. in nine months of FY21: Anurag Thakur
3 years, 10 months ago

Parliament proceedings | Banks wrote off ₹1.15 lakh cr. in nine months of FY21: Anurag Thakur

The Hindu  

Banks have written off bad loans to the tune of ₹1.15 lakh crore in the first three-quarters of the current fiscal, the Lok Sabha was informed on March 8. As per RBI guidelines and policy approved by bank boards, non-performing loans, including those in respect of which full provisioning has been made on completion of four years, are removed from …

Recovery Crore Rbi Banks Written Thakur Rbi Guidelines
RBI's revised guidelines for resolution of stressed assets likely before 23 May; poll code may not impact issuance of new rules
5 years, 8 months ago

RBI's revised guidelines for resolution of stressed assets likely before 23 May; poll code may not impact issuance of new rules

Firstpost  

Against the backdrop of the Supreme Court quashing an RBI circular, issued on 12 February, 2018, a revised set of rules is under works and would be released soon, they said. New Delhi/Mumbai: The Model Code of Conduct for the Lok Sabha polls is unlikely to have any bearing on issuance of a revised framework for resolution of stressed assets …

Resolution Rbi Circular Revised Npa Stressed Stressed Assets