Banks Cannot Chase Loans using Agents, orders RBI

Banks will have to change the way they chase retail loans. The Reserve Bank of India (RBI) has banned the use of direct selling agents (DSAs) to...


Re-registering cars older than 15 years likely to go up by 25 times

The road transport ministry’s proposal for voluntary scrapping has proposed increase in fees for renewal of registration of old private...


No separate law yet to ban cryptocurrency in India: Anurag Singh Thakur

The government has not prohibited the use of cryptocurrencies in India, union minister of state for finance, Anurag Singh Thakur, has said


MCA tightens noose on ponzi scheme operators

The Investor Education and Protection Fund (IEPF) Authority under the MCA is coming up with a portal in the next ten days


SEBI directs HDFC Mutual Fund to make payment of Rs3.79 crore to settle a case of violations

HDFC Mutual Fund has settled a case of violations with Securities and Exchange Board of India


SEBI directs Sahara India Commercial Corp to refund money raised via OFCDs with 15% interest

Sebi has ordered them to refund the money along with 15% annual interest


Sebi plans to cap investors’ equity exposure according to net worth

The Securities and Exchange Board of India (Sebi) is planning to limit investors’ exposure to shares and equity derivatives in line with their...


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