SC to hear pleas challenging online gaming law on Nov 4

The Supreme Court will hear transferred petitions challenging the Promotion and Regulation of Online Gaming Act, 2025 on November 4. This central legislation bans “online money games,” including fantasy and e-sports played for stakes, and faces constitutional challenges for allegedly…

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Banks frontload provisions to be fit for ECL days

Banks are proactively setting aside extra funds. This is in preparation for a new expected credit loss framework starting in 2027. Some lenders are also covering anticipated stress in microfinance loans. This move aims to strengthen balance sheets ahead of…

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