Rating agencies look to RBI for curbing non-cooperation by companies
When companies stop sharing information that rating agencies require to maintain a watch over their credit ratings, they are termed non-cooperative
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When companies stop sharing information that rating agencies require to maintain a watch over their credit ratings, they are termed non-cooperative
Under the new framework, variations in the prices of securities due to unverified rumours will be excluded while assessing valuations for M&A transactions and deals.
For NRIs married to foreign nationals, understanding the implications of their overseas nuptials on succession rights in India can be as complex as it is crucial.
Fraud by bank employees: Many reports of bank employees defrauding customers of the bank. These are the cases where the bank and its customers both are the victims of fraud by the employee(s). In a recent judgement by the SC, it was said that banks would be held liable for criminal misconduct by its employees.
Traders who claim underlying exposure when they have none could be asked to pay heavy fines under Foreign Exchange Management Act (FEMA).