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January 2, 2024
Currently, banks need to have a NNPA ratio of up to 7 per cent to become eligible for declaration of dividends.
January 2, 2024
The RBI has asked banks to undertake at least an annual review in respect of accounts, where there are no customer induced transactions for more than a year.
December 12, 2023
PM Modi extended an invitation to the summit and he emphasised that AI is a rapidly advancing technology with expanding applications
December 11, 2023
With rapidly advancing AI technology, governments are struggling to form laws governing the technology and its safety
December 6, 2023
French Digital Minister says that EU lawmakers may have to meet again to define details on crucial AI rules after deal
December 2, 2023
RBI said nearly 97.26 per cent of the ₹ 2,000 banknotes have been returned to the banking system, and about ₹ 9,760 crore worth of the notes are still with the public.
October 25, 2023
The Supreme Court has criticized the Securities and Exchange Board of India (Sebi) for issuing a show cause notice to a company ten years after conducting an investigation. The case involves the alleged misuse of funds raised through preferential allotment of shares by Alps Motor Finance. The court has directed Sebi to hold an inquiry into the delay and submit a report.
October 16, 2023
The capital markets regulator Sebi released guidelines on anti-money laundering standards and fighting the terrorism financing. These amendments pertain to the rules framed under the prevention of money laundering Act 2002.
October 11, 2023
Artificial Intelligence: In contrast to the EUs AI Act, the ASEAN "AI guide" asks companies to take countries cultural differences into consideration and doesnt prescribe unacceptable risk categories, according to the current version reviewed. Like all ASEAN policies, it is voluntary and is meant to guide domestic regulations.
October 5, 2023
Sebi introduces rules for family members to claim money of a deceased investor. Here's how.