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Finance
Future Trading For These 7 Commodities Banned To Bring Down Price (Govt Order)
The markets regulator has directed the commodity exchanges to suspend trading of futures contracts of seven agri-commodities until further orders.
In attempts to control the rising inflation, the Finance Ministry has put a ban on…
UPI Without Internet? RBI’s New Payment Feature For Feature Phones Can Be Gamechanger
According to RBI data analysis, about 50% of the transactions made through UPI platforms are under Rs 200
Among the announcements made by RBI Governor Shaktikanta Das in the Monetary Policy Statement on Wednesday, was the central bank’s…
Crypto’s Future In India: Bitcoins Can Be Regulated, But Won’t Be Banned…
FM Sitharaman has clarified that the new crypto bill would soon be introduced in the Parliament, as soon as it receives a clear from the Cabinet.
In the latest update to the highly-awaited new crypto bill, Finance Minister Nirmala…
Indian Govt Refuses To Accept Bitcoin As Currency; Can Crypto Bill Ban Bitcoins?
Finance Minister Nirmala Sitharaman has stated that the government has no proposal to recognise Bitcoin as a currency in the country.
With the start of winter session of the Parliament from November 29, a lot of reforms are expected to…
Rs 1 Crore Penalty Imposed On SBI From Breaking These Rules; This Is What RBI Said..
According to RBI, SBI has held shares in the borrower companies of an amount more than 30% of the paid-up share capital of those companies.
The country’s largest lender State Bank of India has been imposed a penalty of Rs 1 crore by…
Ace Investor Rakesh Jhunjhunwala-Backed IPO Launching On This Date: Issue Price, Lot Size & More
The issue is expected to fetch the company an upper price band of Rs 7,249.18 crore, marking the third largest IPO size in 2021.
The highly-awaited initial public offer of the ace investor Rakesh Jhunjhunwala-backed Star Health and…
Co-operative Societies Banned From Using ‘Bank’ In Their Names; Can’t Accept…
Members and non-members of such entities are advised by the RBI to be cautious of cooperative entities using the term 'Bank' in their names.
After reports of certain cooperative societies extending the word ‘Bank’ in their names, while…
PolicyBazaar IPO Creates 70 Crorepatis; Enters Top 100 Indian Companies List
A part of the Capital Group, an American fund has bought almost 3.5 million equity shares of Policybazaar, priced at 1,912 apiece
The parent company of Policybazaar and Paisabazaar, PB Fintech is trading 4.8% higher at Rs 1406.20 at…
SBI Approves National Stock Exchange IPO At Rs 2 Lakh Cr Valuation! (Launch Date, USPs)
NSE’s shares are being quoted currently in the range of Rs 3,000- 4,000 per piece
The Indian equity exchange National Stock Exchange (NSE) coil likely roll out its initial public offering shortly, in the upcoming weeks, as the market…
Nykaa’s Profit Sharply Falls By 96% Due To This Reason; Revenues Increase
The fall in profit is majorly caused by the company’s increased expenses on marketing and advertising
The FSN E-Commerce Ventures owned beauty and fashion platform Nykaa was listed on the Indian exchanges last week, its IPO valued at Rs…
After Conquering China, HSBC Plans To Re-Enter India For These Banking Services
HSBC considers Asia a major investment centre, stating that the wealth in Asian markets is growing twice as fast as other regions of the world.
The London-based investment banking company HSBC is exploring to re-enter the Indian private…
PolicyBazaar IPO Will Raise Rs 5700 Crore: 5 Facts You Should Know Before Investing
The offer listed today, will close for subscription on November 3, 2021.
The eagerly awaited public listing of PB Fintech, the parent company of Policybazaar and Paisabazaar, has successfully been listed in the Indian stock exchange on…
Non-Bank Entities Can Authenticate Aadhaar e-KYC But They Will Need This RBI License
RBI has invited NBFCs to submit applications for being permitted to authenticate clients' Aadhaar e-KYC.
The Reserve Bank of India in an announcement on Monday, has invited NBFCs (Non-Banking Financial Companies), payment system…
Insurance Boom: These 3 Insurance IPOs Will Raise Rs 10,000 Crore (Full Details Inside)
About Rs 70,000 crore have been raised through only the IPO market this year, with more than 40 companies launching their IPOs.
Three companies from the insurance sector are on their way to boom into the primary market with IPOs worth…
HDFC Bank Will Issue 3 Lakh Credit Cards Every Month! Credit Revolution Unleashed?
The RBI had last week granted HDFC Bank, the authority to re-issue credit cards after a ban of over 8 months.
Over 8 months after the banking regulator, Reserve Bank of India (RBI) prohibited the country’s largest private lender, HDFC…
UPI Now Live In UAE: Transfer Money To Dubai, Make Payments To Merchants & More!
Indians visiting UAE for business or leisure can now use the Unified Payments Interface (UPI) platform for payments.
The international arm of National Payments Corporation of India, NPCI International Payments (NIPL) has partnered with…
LIC’s Credit Card Offers No-Cost EMI, Double Reward Points: How It Works?
The two newly launched 'Eclat' Select Credit Card and the 'Lumine' Platinum Credit Card are reported to latch in a bundle of new benefits to their cardholders.
LIC Cards Services Limited (LIC CSL), in partnership with the Mumbai-based…
Google Cracks Whip On Instant Loan Apps In India; Regulates & Imposes New, Strict Rules
Google has released new strict guidelines for personal loan apps in India, which app developers will have to comply with by September 15, 2021.
Google has released its ‘Developer Program Policy’ on July 28, which will make the whole…
Paytm Files For Rs 16,000 Crore IPO: India’s Biggest IPO At Rs 1.8 Lakh Cr Valuation
Paytm will make use of Rs 4,300 crore IPO proceeds to acquire customers and merchants to strengthen its ecosystem.
The Noida-based digital payments giant Paytm is working towards raising an amount of Rs 16,600 crore, which would…
Govt Bans Mastercard From Acquiring New Credit Card, Debit Card Customers: But Why?
RBI has clarified that the existing huge population of Indian card holders using Mastercard will have no effect/change.
On account of non-compliance with the data localization norms, the central bank Reserve Bank of India has barred…