Page 2 - Limiting Liability News Today

The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs1.05 crore on Kotak Mahindra Bank and Rs1 crore on IndusInd Bank for violating the provisions of its regulations.

The central bank added that “the statutory inspection for supervisory evaluation of the banks was conducted by RBI with reference to its financial positions as on March 31, 2018 and March 31, 2019.”

At the beginning of the COVID-19 crisis, the vast majority of states across the country implemented "stay at home" orders requiring the closure of…

RBI said the aforesaid charge of non-compliance with the aforesaid RBI directions was substantiated and warranted imposition of monetary penalty, to the extent of non-compliance with such directions, , reserve bank of india, central bank of india

NFTs’ programmability supports new business and profit models. For example, creators can program an NFT’s smart contract to collect a royalty each time the NFT is resold so that a share of the transaction goes back to the original creator.

“NFT” was 2021’s word of the year. This isn’t too surprising—they’re everywhere! The market cap for NFT transactions jumped from roughly $400 million at the beginning of 2021 to over...

The Reserve Bank of India (RBI) on Monday imposed a monetary penalty of Rs 1 crore on the country's biggest lender State Bank of India (SBI) and a Rs 1.95 crore fine on Standard Chartered Bank for the violation of various guidelines.

The application is open for the Northeast Dairy Business Innovation Centers Goat and Sheep Dairy Supply Chain Grant. Grants ranging from $20,000 - $50,000 are available. New England dairy farmers, processors, and/or producer associations seeking to develop products or expand markets in the goat and/or sheep dairy supply chain are encouraged to apply. Proposals must demonstrate positive impacts to multiple businesses within the supply chain. Deadline to Apply: August 19 Swine, chicken and tu...

The COVID-19 vaccines have been the subject of peer-reviewed studies that found they were effective and safe, but a meme has been circulating on social media falsely claiming that no such studies have been conducted.

Dont miss the big stories. Like us on Facebook.   Small business challenges have persisted for years due to wage mandates, health insurance premium increases, paid family leave requirements, climate change policies that raise energy costs, and higher taxes or trouble hiring due to the state’s aging demographics. But when Governor Scott declared a state of emergency on March 13, 2020, a whole new world of “small business challenges” landed on the backs of those small business o...