Page 8 - Master Directions News Today : Breaking News, Live Updates & Top Stories | Vimarsana

On March 27, the Supreme Court ruled that the banks should give a personal hearing to borrowers before classifying their account as fraudulent, in accordance with RBI's Master Circular of July 1, 2016, and had noted that the action of classifying an account as fraud not only affects the business and goodwill of the borrower, but also the right to reputation. In a

The State Bank of India has moved the Supreme Court seeking exemption from sharing complete forensic audit reports with borrowers in connection with the March 27, judgment of the apex court.On March 27, the Supreme Court ruled that the banks ...

Pursuant to the approval of the Finance Committee of the board of Directors of Muthoot Finance Limited, the Company has completed the pre-payment of external commercial borrowings to the tune of USD 225 million on April 13, 2023.

SUBJECT WISE INDEXAccess to JusticeFundamental right of Access to Justice - Abolition of OAT does not violate right of access to justice as cases will be heard by High Court - The fundamental right of...

Scale, efficiency and building blocks through technology to be utilized to bring down costs