According to the company, the distribution process will commence within 10 business days after the scheme becomes effective, subject to court timelines.
Author: BNW News
Delhi polls: BJP sweeps Purvanchali, Punjabi strongholds
The BJP, which returned to power in Delhi after more than 26 years, managed to make inroads in constituencies dominated by various regional and socio-economic class of voters, including Purvanchalis, Sikhs, Jats,…
Bybit Registers with India’s FIU After Settling $1 Million Non-Compliance Penalty
Cryptocurrency exchange Bybit is set to resume its operations in India after successfully registering with the country’s Financial Intelligence Unit (FIU) and settling a non-compliance penalty. The Dubai-based firm confirmed its compliance…
RBI’s new digital security measures to boost trust in financial ecosystem, says Paynearby
Key steps include the introduction of an exclusive ‘fin.in’ domain for financial institutions
RBI’s policy boosts digital payments security, offers relief for housing sector, say experts
RBI cut the repo rate by 25 bps on Friday
UFBU Calls for 48-Hour Strike on March 24-25 Over Pending Demands
Key demands include the recruitment of adequate staff in all cadres and the regularization of temporary employees.
RBI Cuts Repo Rate by 25 Basis Points to 6.25%, Maintains Neutral Stance
The RBI also decided to maintain a neutral policy stance, signaling flexibility in responding to evolving economic conditions.
All You Need to Know About Sanjay Malhotra, the New RBI Governor
Malhotra holds a strong academic background, with degrees in engineering from the Indian Institute of Technology (IIT)
Muthoot Microfin reports deterioration in asset quality in Q3
Mumbai, 6th February 2025: Muthoot Microfin Limited (NSE: MUTHOOTMF, BSE: 544055) reported a deterioration in its asset quality for the third quarter of FY25, with Gross Non-Performing Assets (GNPA) rising to 3.03%…
RBI Cancels Licence of The Cuddalore and Villupuram District Central Co-operative Bank’s Employees Cooperative Bank Ltd., Tamil Nadu
The bank is no longer permitted to carry out banking operations in India, including accepting deposits from non-members.