October 22, 2019 | 11:55 PM IST
banking

RBI asks banks to curb agents’ role in KYCs of customers

The Reserve Bank of India (RBI) on Tuesday asked all banks under its jurisdiction to stop the use of direct selling agents (DSA) to sell retail loans…

banking

RBI asks banks to curb agents’ role in KYCs of customers

The Reserve Bank of India (RBI) on Tuesday asked all banks under its jurisdiction to stop the use of direct selling agents (DSA) to sell retail loans…

market

Dip in gold prices lure customers; e-commerce industry…

Days ahead of Diwali, gold dipped for the third day in a row to Rs 37,850 per 10 gram on Tuesday, luring customers to make some wonderful purchases. Similarly,…

pmc bank

PMC: Over Rs 10 crore cash missing from Bank’s records

The Punjab & Maharashtra Cooperative Bank’s (PMC) internal investigation team on Thursday revealed that a sum of Rs 10.5 crore cash is missing from…

pmc fraud

PMC Bank Fraud: Dozen high-end cars confiscated from…

A day after the chairman of Housing Development and Infrastructure Limited (HDIL) Rakesh Wadhawan and his son Sarang were arrested, at least 12 high-end…

market

Centre cuts corporate tax rates; decision boosts shares

Finance Minister Nirmala Sitharaman on Friday reduced corporate tax to 25.17% inclusive of all cess and surcharges for domestic companies. The reduction…

market

Share market staggers on this week’s second day; rupee…

Indian share market started low due to the sharp surge in global crude oil prices and the rupee tumbling by 68 paise to 71.60 against the US dollar and…

housing project

Govt to fund stalled housing projects; relief for…

Finance Minister Nirmala Sitharaman on Saturday announced setting up of a 20,000 crore fund to finance middle income and affordable housing projects for…

business

ONGC to invest Rs 13k cr in Assam in next 5 yrs

The Oil and Natural Gas Corporation (ONGC) plans to invest over Rs 13,000 crore in exploring the oil and gas by drilling over 220 wells across Assam in…

banking

Goldman Sachs VP arrested for siphoning company’s…

Bengaluru police on Monday arrested global investment bank Goldman Sachs vice president in the Rs 38 crore fraud for allegedly siphoning over $5 million…

banking

Bulgaria’s Kristalina Georgieva becomes second woman…

World Bank’s top executive Kristalina Georgieva from Bulgaria is all set to replace former Chief of International Monetary Fund (IMF), Christine Lagarde.…

banking

Yes Bank’s Rana Kapoor in talks with Paytm’s Vijay…

Yes Bank’s co-founder Rana Kapoor is in talks with Paytm to sell his Rs 2,000 crore stake in the bank. In August, Kapoor met the founder and CEO of Noida-based…