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FSDC Sub-Committee Reviews Financial Stability, KYC Simplification Measures

India, May 15 -- The 33rd meeting of the Sub-Committee of the Financial Stability and Development Council (FSDC-SC) was held on Thursday at the Reserve Bank of India headquarters in Mumbai under the c... Read More


RBI restores registration certificate of Krishna Capfin Limited

India, May 15 -- Reserve Bank of India (RBI) has restored the Certificate of Registration (CoR) of Krishna Capfin Limited following consideration of orders passed by the appellate authority and courts... Read More


RBI imposes Rs 16.30 lakh penalty on Shree Kadi Nagarik Sahakari Bank

India, May 15 -- Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 16.30 lakh on Shree Kadi Nagarik Sahakari Bank Ltd. for non-compliance with regulatory directions related to exposure ... Read More


RBI imposes Rs 1.5 lakh penalty on Jilla Sahakari Kendriya Bank, Seoni

India, May 15 -- Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1.50 lakh on Jilla Sahakari Kendriya Bank Maryadit for violation of provisions under the Banking Regulation Act, 1949 ... Read More


Guar seed futures slip on higher supplies

India, May 15 -- Guar seed futures declined by Rs 24 to Rs 5,768 per quintal on Friday amid ample supplies in the market. On the National Commodity and Derivatives Exchange (NCDEX), guar seed contrac... Read More


Guar gum futures decline on weak demand

India, May 15 -- Guar gum futures fell by Rs 95 to Rs 11,275 per quintal on Friday as traders reduced their positions amid weak demand in the spot market. On the National Commodity and Derivatives Ex... Read More


Welspun Corp secures Rs 700 crore LSAW Pipe Order from US Facility

India, May 15 -- Welspun Corp Ltd has announced the receipt of a large order worth approximately Rs 700 crore for the supply of LSAW pipes from its US facility. Following this latest win and addition... Read More


Desco Infratech receives ONGC order worth Rs 16.67 cr for Pipeline Replacement Proj

India, May 15 -- Desco Infratech Limited has received a Notification of Award (NOA) from Oil and Natural Gas Corporation Limited (ONGC) for a pipeline replacement project in Maharashtra valued at Rs 1... Read More


LTM wins Golden Peacock Award for excellence in AI

India, May 15 -- LTM has been honoured with the Golden Peacock Award for Excellence in Artificial Intelligence (GPAEAI) 2026 by the Institute of Directors (IoD), India, recognising the company's leade... Read More


United Spirits elevates Amitabh Pande as Chief Strategy Officer

India, May 15 -- United Spirits Ltd has announced the elevation of Amitabh Pande to the Executive Committee as Chief Strategy Officer (Senior Management Personnel), effective June 1, 2026. He will rep... Read More