The Bill has cleared the Lok Sabha and, once passed by the Rajya Sabha and the President, will enable a bank account holder to nominate four people to her/his account
Paytm Payments Bank has been slapped with a central bank order that could see it wither, unless many of the compliances demanded by the bank are immediately met. In the end, other payment portals will benefit
With the ICICI Board giving sanction to prosecute ex-MD & CEO Chanda Kochhar for alleged illegal loans, financial scams are under the scanner. Is the system foolproof enough to protect consumer interests?
A 4:1 Constitution Bench verdict absolved the Narendra Modi government of rushing in with demonetisation, but the dissenting verdict notes the RBI did the government’s bidding without applying its mind.
Supreme Court upholds demonetisation by 4:1 majority, with most of the justices holding the decision to be legal, while Justice B.V. Nagarathna dissents to hold that the November 8, 2016 notification was unlawful