Political parties dodge disclosure of electoral bond donors

Several political parties declined to share details of electoral bond donors citing various legal provisions, while others said they received the funding instruments through "drop box" or by post......

SEBI chief Buch skips PAC summons; BJP miffed at panel chair

SEBI chairperson Madhabi Puri Buch skipped a Parliament's Public Accounts Committee meeting on Thursday, prompting panel head K C Venugopal to postpone the sitting, with NDA members accusing him of......

Dr Singh's final journey to begin tomorrow at 9.30 am

Prime Minister Narendra Modi and Congress leaders Sonia Gandhi and Mallikarjun Kharge were among the top leaders who paid homage to former prime minister Manmohan Singh at his home in New Delhi on......

Police move to close Rs 25K-cr MSC Bank scam case involving Ajit Pawar

The Economic Offences Wing of the Mumbai police on Friday sought to close a case related to an alleged Rs 25,000 crore scam at the Maharashtra State Cooperative Bank in which Maharashtra deputy......

Bad loans in P2P more than doubles to Rs 1,163 cr in FY24

NBFCs' P2P platforms provide an online marketplace for participants, which includes individual lenders and borrowers. Illustration: Dominic Xavier/Rediff.com Bad loans in the peer-to-peer (P2P)......

Reserve Bank cancels Sahara's NBFC licence

The Reserve Bank of India on Monday said it had cancelled the licence of Sahara India Financial Corporation Ltd, the Sahara group’s non-banking financial company, effective September 3. In......

Banking system liquidity surplus touches Rs 1 trn, shows RBI data

While liquidity in the banking system has turned surplus in the last few weeks, it could go back to deficit again, mainly due to corporate advance tax outflows. Illustration: Uttam......

Changes to banking laws have a consumer tilt

Better protection for depositors and investors was one of the chief considerations in Union Finance Minister Nirmala Sitharaman introducing, on Friday, the Banking Laws (Amendment) Bill, 2024, in......