Bankers said corporates that have been lax in repayments before March 2020 will not qualify for restructuring even if they are not non-performing assets

"The overall objective of the LFAR should be to identify and assess the gaps and vulnerable areas in the business operations, risk management, compliance

In a statement, HDFC said it has approved over Rs 47,000 crore of home loans under CLSS to more than 2 lakh homebuyers belonging

The move comes at a time when regulators across the board are easing compliance processes during the ongoing coronavirus pandemic to minimize physical contact

In a public notice, the bank said AC Muthiah and Farouk Irani, promoter director of First Leasing Company of India, defaulted on Rs 508.40

Industry experts said that while the surge in UPI-based micro-transactions could help India achieve its stated objective of transforming into a cashless economy, banks

"Our marketing initiatives helped us grow individual first-year premium by 2.8% end July compared to -11.5% for private insurers. We hope to grow to

Central Board of Direct Taxes has also directed banks to refund charges since January 1, 2020, collected on transactions carried out using electronic modes

Bitnami