Infrastructure Leasing & Financial Services Current Affairs, GK & News

RBI finalizes a 3- year roadmap — named Utkarsh 2022

The board of Reserve Bank of India (RBI) has finalized a 3- year roadmap — named Utkarsh 2022 — to improve regulation and supervision of the central bank. This medium term strategy is in line with the global central banks’ plan to strengthen the regulatory and supervisory mechanism. This specifically includes central bank’s proactive role ..

Topics: 

RBI asked Banks to disclose IL and FS NPA details in results

The Reserve Bank of India has asked banks and financial institutions to disclose the NPA stemming from their exposure to troubled infrastructure conglomerate Infrastructure Leasing & Financial Services Limited and its group entities in their upcoming results. New directions are as per the order of the National Company Law Appellate Tribunal, which asked banks not ..

Topics: 

Nimesh Shah elected as new Chairman of Association of Mutual Funds in India

Nimesh Shah, the MD & CEO of ICICI Prudential Mutual Fund, has been elected as new Chairman of Association of Mutual Funds in India (AMFI). He succeeded A Balasubramanian, CEO of Aditya Birla Sun Life Mutual Fund. Shah has been appointed as Chairman at a time when volatile equity markets and fears of liquidity at ..

Topics: