In case of delay, the lenders will have to compensate the borrowers by paying Rs 5,000 for each day of delay, the RBI said. The directions, released as part of responsible lending conduct, will be applicable to all cases where release of original property documents is due on or after December 1 this year.
The factory output growth measured in terms of the Index of Industrial Production (IIP) stood at 12.6 per cent in June 2022 on account of a lower base effect.
On Monday (September 18, 2023), Chief Minister Bhupesh Baghel attended the ‘Jansatta Manthan’, a program of ‘Jansatta’, an enterprise of ‘The Indian Express Group.
According to IndiGo, its staff offered the passengers overnight accommodation and booking on the next available flight
Byju’s US-based subsidiary Alpha Inc transferred more than half a billion dollars to Camshaft Capital Fund in 2022, Bloomberg reported, citing a lawsuit in US court.
Write-offs, recoveries contributed to reduction in NPAs: RBI data
The fall in Reliance’s shares, their steepest in two weeks, lead losses on the benchmark Nifty 50 index. The Mukesh Ambani-led company is the heaviest stock in the index with a 10.21% weightage.
Walt Disney is exploring options to sell or find a joint venture partner for its India digital and TV business.
All states are yet to pass the required legislative amendments or ordinances in their respective Assemblies for the proposed change in GST provisions for online gaming, casinos and horse racing.
“Areas for improvement in the Indian government bond market structure highlighted by international investors remain largely unchanged from the previous March 2023 review,” FTSE said in its annual country classification review for the FTSE Emerging Markets Government Bond Index (EMGBI).