Page 38 - Development Council News Today

Finance Minister Nirmala Sitharaman has urged financial sector regulators to implement additional measures to prevent unauthorised online lending. Read more to know the details.

<p>Researchers evaluated the prevalence, concentration and tissue distribution of essential and non-essential trace elements, including heavy metal toxicants in tissue (blubber, kidney, liver, skeletal muscle, skin) and fecal samples collected from 90 whales and dolphins stranded in Georgia and Florida from 2007 to 2021. Findings reveal how toxicant levels relate to their sex, breed, age and other demographic factors.</p>

The Financial Stability and Development Council (FSDC), led by Nirmala Sitharaman, plans to digitalize the KYC process and curb unauthorised lending. Recent restrictions on Paytm Payments Bank Ltd highlight non-compliance with KYC norms. FSDC focuses on inter-regulatory coordination, stability risks, and GIFT IFSCs role as an international centre.

Finance Minister Nirmala Sitharaman chaired the meeting of the Financial Stability and Development Council (FSDC) on Wednesday which discussed the issues related to India’s macro financial stability and the preparedness to deal with them.

After the Paytm Payment Bank debacle, the Finance Stability and Development Council (FSDC) on Wednesday decided to formulate a strategy to simplify and digitalise KYC (Know Your

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Thailand ranks first among ASEAN countries in terms of vulnerable debtors and non-performing loans is seeking debt relief from the Central Bank.

BANGKOK: Thailands economy expanded 1.9 percent in 2023, slowing from a revised 2.5-percent growth in the previous year due to softening government spending and exports, the countrys economic planning agency said on Monday.

Council approves funding request that matches the amount funded by Cornwall to compensate for lost provincial grant.