Month: October 2024
Liquidity boost: Sebi steps up same-day stock settlement
In a major move, Sebi proposed expanding T+0 settlement from 25 to 500 stocks to enhance liquidity. The regulatory board approved ‘Investment Strategies’ for high-net […]
IL&FS collapse was like Titanic sinking says outgoing chairman
CS Rajan equates the IL&FS collapse to the Titanic disaster, stating the resolution will guide future bankruptcy laws. With Nand Kishore taking over as chairman, […]
RBI cautions small financial banks on FDs
RBI deputy governor Swaminathan J has urged small finance banks to evaluate their reliance on high-cost deposits for long-term stability and warned against imposing high […]
Sensex slides 1,272 pts, biggest drop in 2 moths
Mumbai’s Dalal Street witnessed a sharp selloff with Sensex and Nifty dropping nearly 1.5%, their steepest single-day fall since August. Major declines were seen in […]
BharatPe & co-founder Ashneer Grover settle dispute
BharatPe and co-founder Ashneer Grover have reached a settlement, concluding a prolonged legal dispute involving allegations of fund misappropriation. Grover will no longer be associated […]