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RBI Cancels Registration of Four NBFCs; Four Others Voluntarily Surrender Certificates

India, Dec. 12 -- The Reserve Bank of India on Thursday revoked the certificates of registration of four non-banking financial companies (NBFCs) based in West Bengal and Chandigarh. The entities inclu... Read More


RBI Eases Restrictions on Cash Credit Facilities After Stakeholder Feedback

India, Dec. 12 -- The Reserve Bank of India on Thursday relaxed restrictions on cash credit facilities, following inputs received from stakeholders on the earlier draft guidelines. The RBI stated tha... Read More


Stock market gains for second day, Metal ends as top gainer

Mumbai, Dec. 12 -- The stock market continued its upward run for the second straight session on Friday with the Nifty 50 rising 0.57% to 26,046.95, while the BSE Sensex moved 0.53% to 85,267.66. The B... Read More


Dulloo directs to cut down grievance disposal time, strengthen citizen responsiveness

JAMMU, Dec. 12 -- Chief Secretary, Atal Dulloo, today chaired a detailed review meeting of the JK Samadhan public grievance redressal system, taking an extensive assessment of grievance disposal perfo... Read More


Common penalty framework may be extended to listed firms: Sebi's Pandey

MUMBAI, Dec. 12 -- India's markets regulator is examining whether the recently introduced common penalty framework can also be extended to companies listed on the stock exchanges, Securities and Excha... Read More


Haryana Registers the Highest 21% Growth in Net SGST Collection Nationwide

India, Dec. 12 -- Haryana's Chief Minister, Nayab Singh Saini, today launched two major digital initiatives by the Excise and Taxation Department, accelerating transparency, efficiency, and ease in go... Read More


SBI reduces lending rates by up to 25 bps to pass on RBI rate cut benefits

India, Dec. 12 -- State Bank of India has reduced its lending rate by up to 25 basis points to pass on to customers the benefit of the RBI repo rate cut announced last week. That makes loans cheaper f... Read More


Flywings Simulator Training IPO listing: Shares debut 2% above issue price on NSE SME, hit upper circuit

New Delhi, Dec. 12 -- Flywings Simulator Training Centre shares opened with a modest premium on the NSE SME on Friday, December 12, amid positive market sentiment. Flywings Simulator's share price ope... Read More


Honasa Consumer share price rises 5% on company's entry into men's personal care category

New Delhi, Dec. 12 -- Shares of Honasa Consumer, the parent company of Mamaearth, surged nearly 5% in early trade on Friday, December 12, to the day's high of Rs.269 on NSE as investors reacted positi... Read More


BSE SME Methodhub Software makes a shaky start on debut

Mumbai, Dec. 12 -- The scrip was listed at Rs 155.20, a 20% discount to the initial public offer (IPO) price. The stock is currently frozen at its upper limit of 5% over its listing price. The counte... Read More