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Reserve Bank of India imposes monetary penalty on Balaji Instalments Limited

May 5, 2021

The Reserve Bank of India (RBI) has, by an order dated May 03, 2021, imposed a monetary penalty of ₹9.50 lakh (Rupees Nine lakh Fifty thousand only) on Balaji Instalments Limited, Pilibhit (the company), for non-compliance with certain provisions of the directions issued by RBI contained in ‘Non-Banking Financial Company - Returns (Reserve Bank)…

Reserve Bank of India imposes monetary penalty on Jumbo Finvest (India) Limited

May 5, 2021

The Reserve Bank of India (RBI) has, by an order dated May 03, 2021, imposed a monetary penalty of ₹25.50 lakh (Rupees Twenty five lakh Fifty thousand only) on Jumbo Finvest (India) Limited, Jaipur (the company), for non-compliance with…

Business

Result of Auction of State Development Loans of 7 State Governments – Full Auction Result

May 5, 2021

The Result of the auction of State Development Loans for 7 State Governments held on May 04, 2021. Table (₹ in crore) ANDHRA PRADESH 2040 ANDHRA PRADESH 2039 HARYANA 2036 HARYANA 2039 Notified Amount 1000 1000…

Business

Result of Yield/ Price Based Auction of State Development Loans of State Governments/ Union…

May 5, 2021

Result of Yield/ Price Based Auction of State Development Loans of State Governments/ Union Territories Sr. No. State/ UT Notified Amount (₹ Cr) Amount Accepted (₹ Cr) Cut off Price / Yield (%) Tenure…

Business

A mix of EVs, Hydrogen & CNG vehicle could provide clean transport to India: PHDCCI

May 4, 2021

PHDCCI organized an International Webinar on Making India an EV Nation: Learning Globally. Mr Rajeev Arun Ekka, IAS, Principle Secretary to CM, Principle Secretary (Dept. of Labor Emp. & Training, IT & e-Gov.) cum Labor Commissioner…

Business

Money Market Operations as on May 03, 2021

May 4, 2021

Money Market Operations as on May 03, 2021 (Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight…

Business

Reserve Bank of India imposes monetary penalty on ICICI Bank Ltd.

May 4, 2021

The Reserve Bank of India (RBI) has, by an order dated May 03, 2021, imposed a monetary penalty of ₹3 Crore (Rupees Three Crore only) on ICICI Bank Ltd. (the bank) for contravention of certain directions issued by RBI contained in Master…

Business

Volvo Car India announces price hike

May 3, 2021

New Delhi, May 3, 2021: Swedish luxury car maker Volvo Car India today announced that it would be increasing the ex-showroom prices of its luxury sedan S90 and premium SUVs, XC40, XC60 and XC90. Effective May 3rd, 2021, these models will…

Business

Money Market Operations as on April 30, 2021

May 3, 2021

Money Market Operations as on April 30, 2021 (Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ Volume (One Leg) Weighted Average Rate Range A. Overnight…

National

Government announces various relief measures for taxpayers under GST law in view of severe COVID-19…

May 2, 2021

n view of the challenges faced by taxpayers in meeting the statutory and regulatory compliances under Goods & Services Tax (GST) law due to the outbreak of the second wave of COVID-19 pandemic, the Government has issued notifications,…

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