Stay updated with breaking news from Master Directions. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The Supreme Court on Monday rejected the State Bank of India appeal, upholding the Telangana High Court order and ruled that it is reasonably practicable fo
Muthoot Finance Limited announced that the Finance Committee of the Board of Directors of the company in its meeting held today, i.e., March 28, 2023, has approved the pre-payment of external commercial borrowings of USD 550 million due on September 02, 2023 raised by the company under the GMTN Programme, via an exchange filing. The disclosure is pursuant to Securities & Exchange Board of India
The Supreme Court says principles of natural justice must be followed and read into the Reserve Bank of India's master circular on fraud. The court was hearing a bunch of petitions challenging the orders of several high courts in the matter
The Supreme Court on Monday held that a decision classifying the account of a borrower as fraudulent must be a reasoned order.
A bench headed by Chief Justice D Y Chandrachud said a classification of accounts as fraud results in civil consequences for borrowers and hence, an opportunity of hearing must be given to such persons.