SEBI is collaborating with the NSE to resolve pending issues for its IPO, aiming for a resolution soon, according to Chairman Tuhin Kanta Pandey. The regulator will also issue directions on derivatives expiry dates after reviewing stakeholder comments.
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This growth was accompanied by an improvement in asset quality, with balance-level serious delinquencies (90 to 720 days past due and classified as ‘sub-standard’) falling to a five-year low of 1.8%.
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“This shall be a new dawn with a sanitised slate to regain the position the bank enjoyed for many decades,” Hinduja said in a statement.
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India’s Big Four accounting firms, traditionally known for audit and tax services, are now dominating technology consulting. Fueled by post-pandemic digital transformation, tech consulting leads in headcount and new hires. This shift marks a significant pivot, with firms like Deloitte…
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RBI Governor Sanjay Malhotra announced a review of bank licensing and insurance product distribution to address mis-selling concerns and strengthen the banking sector. The central bank aims to balance growth and stability, projecting a 6.5% GDP growth while managing inflation…
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The Indian government is revisiting the GST structure to simplify it and revise rate slabs, aiming for a leaner, more efficient tax system. This move is driven by recent trade agreements and the upcoming end of the compensation cess. Discussions…
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