The Ministry of Corporate Affairs (MCA) on Friday notified Insolvency and Bankruptcy (Insolvency and Liquidation Proceedings of Financial Service Providers and Application to Adjudicating Authority) Rules for financial service providers (FSP). The rules provide a generic framework for...
The Securities Appellate Tribunal (SAT) has rapped the market regulator for the poor handling of investor complaints on its online complaints platform called SCORES (SEBI Complaints Redressal System) platform is a mere eyewash.   A set of investors had complained to the appellate body...
RBI Governor Shaktikanta Das on Thursday said there is a forensic audit underway in PMC Bank and that it is closely monitoring the situation and has already given inputs for the proposed amendments in the Cooperative Societies Act to the Finance Ministry to strengthen regulatory control over...

With the evolution of technology, ways of executing documents have also evolved. With the increasing demand for modern, convenient methods for entering into binding transactions, electronic agreements and electronic signatures have gained a lot of currency in recent years. Technological...
The Insurance Regulatory and Development Authority of India (IRDA) has asked Reliance Anil Dhirubhai Ambani group (ADAG) company Reliance Health Insurance Ltd transfer its entire portfolio to Reliance General Insurance following sharp reduction in net worth, investments and bank balance in...

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