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PB Fintech raises $218 million for its new healthcare venture
Yashish Dahiya, chairman, PB Fintech The venture, PB Health, will...
Need of regular fire safety audits of healthcare institutions to prevent disasters: Nadda
Underlining the increased responsibility of healthcare facilities,...
IDBI Bank privatisation: Govt,LIC together to sell 60.72% stake in bank, invite bids
``Expression of Interest is invited for Strategic Disinvestment of specified GoI and LIC stakes in IDBI Bank along with transfer of management control. Details are at https://dipam.gov.in,'' tweeted Secretary Dipam New Delhi: The government on Friday invited bids from...
RBI announces digital rupee. E-Rupee to launch soon on pilot basis
The concept note also discusses key considerations such as technology and design choices, possible uses of the digital rupee, and issuance mechanisms, among others Mumbai: The Reserve Bank on Friday said it will soon commence the pilot launch of e-rupee for specific...
Govt notifies credit guarantee scheme for startups
”Maximum guarantee cover per borrower shall not exceed Rs 10 crore. The credit facility being covered here should not have been covered under any other guarantee scheme,” the Department said New Delhi: The government has notified the credit guarantee scheme for...
SEBI cancels registration of Brickwork Ratings, directs it to wind down operations in six months
“Noticee (Brickwork) failed to exercise proper skill, care and diligence while discharging its duties as a credit rating agency, which has defeated the very purpose of regulations i.e. investor protection and orderly development of the securities markets,” the...
Wage Revision: FM withholds approvals on “performance linked wages” for PSU Gen insurers, GIPSA to meet unions tom
``The ministry of finance wants the unions to agree for the performance based wage revision in future before effecting the new revision of 12 per cent hike with five years of arrears for the workforce of the general insurance industry,'' said sources in the ministry...
RBI plans to extensively use AI, ML to improve regulatory supervision
The supervisory jurisdiction of the RBI extends over banks, urban cooperative banks (UCB), NBFCs, payment banks, small finance banks, local area banks, credit information companies and select all India financial institutions The Reserve Bank is planning to extensively...
Govt probes deaths in Gambia linked to India-made cough syrup -sources
WHO Director-General Tedros Adhanom Ghebreyesus on Wednesday told reporters the U.N. agency was investigating the deaths from acute kidney injuries with India's drug regulator and New Delhi-based cough syrup manufacturer Maiden Pharmaceuticals New Delhi: The...
Sustainable Finance committee submits report to IFSCA
The committee has provided its recommendation on various aspects of sustainable finance including products, policies and regulations, capacity building and outreach initiatives related to green and sustainable finance, IFSCA said in a statement The report of the...
With Interpol and FBI alerts CBI crackdowns on cyber criminals
According to initial information, four locations in Andaman and Nicobar islands, five in Delhi, three in Chandigarh, and two each in Punjab, Karanataka and Assam among others are being searched under the operation, CBI said The action came after inputs from Interpol,...
Ten bodies spotted, four retrieved after avalanche in Uttarakhand
The avalanche struck at an altitude of around 17,000 feet around 8.45 am when the team of 34 trainee mountaineers and seven instructors from Uttarkashi-based NIM was returning after summiting, principal Colonel Amit Bisht said Uttarkashi: Ten bodies were spotted after...