RBI asks banks to display loan interest rates on websites

The Reserve Bank of India has asked banks to display loan interest rates and processing fees on their websites from 1st April. In a notification issued in Mumbai, the RBI has said that the total fees and charges applicable on various types of loans to individual borrower should be disclosed at the t...

SAT asks SEBI to pass fresh order on Karvy in IPO scam case

RBI asks banks to display loan interest rates on websites

The Reserve Bank of India has asked banks to display loan interest rates and processing fees on their websites from 1st April. In a notification issued in Mumbai, the RBI has said that the total fees and charges applicable on various types of loans to individual borrower should be disclosed at the t...

SEBI board approves stricter rules for securitisation trustees

In order to boost investor confidence, the Securities and Exchange Board of India - SEBI has approved stricter norms for trustees managing the issuance of securitised debt instruments. The SEBI board approved amendments in the Securitised Debt Instruments regulations to rationalise and clarify the r...

Union Minister Anant Geete invites investors to become part of Make in India campaign

India has independent evidence of Indians having black money in Swiss a/cs: Arun Jaitley

India has said that it has independent evidence of Indians having black money in Swiss accounts and Switzerland has promised expeditious sharing of information in this regard. Finance Minister Arun Jaitley said this after meeting with his Swiss counterpart Eveline Widmer-Schlumpf on the sidelines of...

Oil prices reached bottom, unlikely to drop further: Iraqi Minister

Iraqi Oil Minister Adel Abdul Mahdi has said that crude oil prices have already reached its bottom and are unlikely to fall further. Addressing a conference in Kuwait yesterday, he said that there is no real justification for the big and persistent drop in oil prices which have plunged nearly 60 per...

SEBI to soon come out with new norms on algorithm trading

The Securities and Exchange Board of India (SEBI) will soon be coming out with a new set of guidelines to curb the very high order-to-trade ratio taking place in algorithm trading. Chairman UK Sinha told this to reporters after a function yesterday. He said that SEBI had recently come out with a dis...

India opens Attari Check Post for exports from Afghanistan

India's power sector set for USD 250 billion investment: Piyush Goyal

Power Minister Piyush Goyal today said, the country's power sector is set for USD 250 billion investment across different segments. Speaking in Davos on the sidelines of the World Economic Forum(WEF) meeting, Mr Goyal said he was confident about foreign and domestic investors participating ...