While the Centre has announced an asset reconstruction (ARC) and asset management company backed by government guarantee to address the problem of NPAs with public sector banks, the existing ARC industry has registered a lacklustre...

The Securities and Exchange Board of India (SEBI) has strengthened its regulations for provisional rating for debt instruments by credit rating agencies. As per the new norms, all provisional ratings for debt instruments shall be prefixed as...

The Indian rupee appreciated by 14 paise to reach 74.59 against the US dollar in opening trade on Tuesday, supported by positive domestic equities. At the interbank forex market, the local unit opened at 74.65 against the US dollar and then inched...

The Reserve Bank of India on Tuesday has issued guidelines for the appointment of statutory auditors of banks and non-banking finance companies (NBFCs), including those of housing finance companies. ‘Guidelines for Appointment of...

  Having the right attitude with proper operations is the key for a startup to bloom in its stand. Challenges will block the way throughout, and small business owners should be prepared to face it and set goals besides. Learning...

Few can deny that society has made significant strides towards workplace equality in the last few decades. However, there's still a long road ahead until women achieve equal recognition as men in the workplace. Gender bias is a problem as old...

Even as sections of the industry are demanding an economic package to support the economy battered by sporadic state specific lockdowns, the government is currently focused on effective implementation of the Budget proposals as they have a lot...

The Reserve Bank of India (RBI) has capped the tenure of the managing directors (MDs) and chief executive officers (CEOs) and whole-time directors (WTDs) of private banks at 15 years starting from the date of appointment. For CEOs who are part of...

The second Covid wave, if left uncontrolled, could lead to prolonged restrictions on the movement and supply-chain disruptions with consequent inflationary pressures, a Reserve Bank of India (RBI) article said on Monday. Written by a team led by...

As the Covid wave is spreading across the world rapidly, mainly in India, even though the concerns are arising more, the economic sector is much prepared to face this. The economy will keep working through the preparation. The effective uplift...