Photo: IANS

Amid Adani group row, RBI says banking sector remains resilient

New Delhi | Amid doubts being raised over state-owned banks’ exposure to Adani group, the Reserve Bank of India (RBI) on Friday said that “the banking sector remains resilient and stable”. “There have been media reports expressing concern about the exposures of Indian banks to a business conglomerate. As the regulator and supervisor, the RBI maintains […]

Congress leader KC Venugopal (Photo: IANS/Qamar Sibtain)

Congress to hold nationwide protest over Hindenburg report on Adani

New Delhi | The Congress party has decided to hold nationwide district level protests on Monday, February 6, in front of the Life Insurance Corporation office and the State Bank of India office here over the Hindenburg report. “The government can’t jeopardize the hard earned money of the people of India to profit the crony friends […]

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Mystery how suicide bomber managed to sneak in to Peshawar mosque

Peshawar | The January 31 suicide bombing at the sprawling mosque in Peshawar’s Malik Saad Shaheed Police Lines area was among the deadliest to hit this city. Headquarters to capital city police and half a dozen other units including the frontier reserve police, the special security unit of the China-Pakistan Economic Corridor, the counter terrorism department, […]

KYC norms to be simplified, PAN to become common identifier

New Delhi | For investors to reclaim unclaimed shares and unpaid dividends from the Investor Education and Protection Fund Authority with ease, an integrated IT portal is proposed to be established, Finance Minister Nirmala Sitharaman announced in Union Budget 2023-24 on Wednesday. In addition, the KYC process will be simplified by adopting a ‘risk-based’ instead of […]