Page-7 of Topic: Finance
Sunil Mehta recommends changes in existing Inter-Creditor Agreement (ICA)
The Sashakt Committee, headed by PNB non-executive chairman Sunil Mehta, has recommended changes in existing Inter-Creditor Agreement (ICA) to incorporate revised voting threshold and other changes for decision...SBI introduces repo-linked home loan product
After linking its short-term loans and large savings deposits rates to the repo rate, the State Bank of India (SBI) has decided to introduce a repo rate-linked home...6-member Monetary Policy Committee of RBI reduces repo rate
On June 6, the 6-member Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) has reduced the repo rate by 25 basis points to 5.75% from...T N Manoharan RBI committee for secondary market in corporate loans
The Reserve Bank of India (RBI) has constituted a six-member task force, headed by Canara Bank chairman T.N. Manoharan, on the development of secondary market for corporate loans....Harsh Vardhan RBI committee to review mortgage securitisation
The Reserve Bank of India (RBI) has constituted a 6-member committee to review the existing state of mortgage securitisation in India and suggest measures to deepen it. The...Wirecard teams up with India to issue PAN cards
German payments company Wirecard has teamed up with India to simplify the process of issuing tax identity cards required to open bank accounts, transfer money or complete business...Kerala becomes first Indian state to list Masala Bond in overseas market
On May 17, Kerala became the first sub-sovereign entity in the country to access the international market by listing masala bonds issued through its off-budget mechanism – the...SBI becomes first Indian bank to link interest rates to RBI’s repo rate
The State Bank of India (SBI) has become the first bank in the country to link its saving and loan interest rates to the Reserve Bank of India...
LIC HFL unveils Udyam Centre in Bengaluru
Life Insurance Corporation Housing Finance (LIC HFL) has launched ‘Udyam’, a skilling center in Bengaluru. It was launched in association with Lok Bharti Education Society, the implementing partner....
Bharti AXA collaborates with Wishfin to offer Policies via WhatsApp
Bharti AXA General Insurance, a private non-life insurer has collaborated with financial marketplace Wishfin’s insurance arm Wishpolicy, to offer two-wheeler insurance to customers via WhatsApp. This service option...
IRDAI forms 13-member Panel to Review Microinsurance Framework
IRDAI (Insurance Regulatory & Development Authority of India) has set up a 13 member committee under Suresh Mathur, IRDAI Executive Director to review the regulatory framework on microinsurance...
