Vaibhavi Khanwalkar chats with Moneycontrol Deputy Executive Editor, Ravi Krishnan to find out if this move will help put an end to defaults.
The Ministry of IT and Electronics (MEITY) is working on detailed guidelines on digital payments to ensure protection of consumers.
ICICI and NPCI have locked themselves in a war of words over blockage of Flipkart owned payments app PhonePe.
With an aim to deepen the capital market, regulator Sebi has notified guidelines permitting well-regulated foreign portfolio investors (FPIs) to trade directly in corporate bonds without any broker.
The recent guidelines proposed by a panel of the Transport Ministry on taxis will help in combating vehicular pollution by reducing number of private vehicles on the roads, TERI has said.
Securities and Exchange Board of India (SEBI) on Tuesday tightened disclosure norms for credit rating agencies in a bid to boost transparency and accountability after a number of sudden sharp rating changes created concern among investors.
In an interview with CNBC-TV18, Yes Bank Founder and MD Rana Kapoor explained why the bank had to defer its USD 1 billion qualified institutional placement (QIP) following the stock price reaction.
The Reserve Bank Monday released guidelines for 'On Tap' licensing of private sector universal banks. The guidelines state individuals with 10 years senior-level experience are eligible to promote a bank but large industry houses have been excluded as eligible entities, although they can invest up to 10 percent.
Streamlining the procedure for clearance of consignments, CBEC today came out with revised guidelines to help the SME sector and promote paperless declarations without any need for supporting documents.
Jairam Sridharan, CFO of Axis Bank said that with this scheme lenders and borrowers can now move forward in a meaningful way.
Government today said it has issued guidelines for award of tenders for shipbuilding and repair works for PSUs and departments under which Indian shipyards will be granted 'right of first refusal' to enable them to compete with foreign players.
CRISIL believes the new guidelines will increase the usage and acceptance of credit ratings across micro and small enterprises (MSEs).
Rajan, who was chief economist at IMF, said if a policy has positive effects on both home and foreign countries, and therefore on global welfare, it would definitely be rated green.
As per the new norms released, rural banks will have to advance 18 percent of total outstanding towards agricultural activities.
The Reserve Bank of India (RBI) is expected to release final guidelines on its proposed new method for calculation of banks' base rates this evening.
There is a 19 percent shortage of staff in the central government with 8 ministries having at least 40 percent vacancies and a staggering 21 ministries having at least 30 percent vacancies.
The federal transportation ministry has asked states to ensure companies operate with call centres and their taxis follow emission norms, according to a six-page advisory issued last week
Government clarified to the telecom companies that the entire available spectrum has been auctioned and that there was no balance spectrum remaining.
Reserve Bank of India, on Tuesday, released draft guidelines of new formula to calculate policy rates to ensure that policy rates are passed on to the customers by banks as the earliest.
In what would come as a jolt to the telecom sector, the government may ask the Telecom Regulatory Authority of India (TRAI) to provide a fresh view on spectrum trading and sharing recommendations, which are expected to be notified this year.
Banks with networth of Rs 1000 crore and above can set up a subsidiary or a joint venture and those with a networth of Rs 500 crore s and above can opt for the broking or corporate agency set up.
Government is in the final stages of formulating guidelines for setting up BPOs in small towns and cities in states like Uttar Pradesh, Bihar and Odisha. The guidelines are expected to be implemented in the new fiscal starting April 1, 2015.
Shares in non-banking finance companies (NBFCs) gained ground Friday after the Raghuram Rajan-led Reserve Bank of India (RBI) last evening issued final guidelines for allowing the set up of â€œpayment banksâ€ and â€œsmall finance banksâ€ in the country.
As it gears up for coal block auctions, Tata Power has said there should be greater clarity on draft guidelines, especially on the minimum investment requirement in end-use projects to qualify for participation in the tendering process.
The Reserve Bank of India announced a revised framework for non-banking financial companies (NBFCs), raising the minimum net owned funds limit while capping deposit acceptance and aligning bad loan norms with banks, reports CNBC-TV18's Latha Venkatesh.