The editor 1514 posts 0 comments

Officials in the credit rating agencies say the move is more stringent towards the issuer as the entity has to cooperate with rating agencies and operational cost of rating agencies will come down with this circular.In order to further…

…

“The RoC only discharges its statutory duty. In the Tata Sons’ matter also, RoC acted in the same manner. We were duty-bound, The conduct of the RoC was bonafide and justified in view of the fact and legal provisions,” Shorey said.The…

The bank unions are also demanding a rollback of banking reforms proposed by the government and the plan to merge 10 state-owned banks into four.Six bank unions will go on strike on January 8 to show their support for the central trade…

The fall in the Bank Nifty, among the steepest single-day drops in recent months, was also the result of the index being over-bought, market participants said.Despite escalating geopolitical tensions resulting after a US airstrike in…

…

The appellate tribunal had castigated Ratan Tata and others for “unfair abuse of powers” and held them responsible for engineering the coup to oust Mistry as the executive chairman of Tata Sons.A day after Tata Sons moved the Supreme…

According to Gupta, the double-digit credit growth in FY20 would be a challenge even as it is picking up marginally.State Bank of India (SBI) may miss the double-digit credit growth target it had set for FY20, PK Gupta, managing…

The period of 30 calendar days shall commence from the date of notice of default by clearing corporation to market participant, it added.Markets regulator Sebi on Friday came out with a new framework for core settlement guarantee fund…

…