Bs Reporter

JP Morgan Chase Bank NA settles Sebi case for ₹34.42 lakh over FPI lapses

Bank settles Sebi case over alleged violations of FPI regulations, including licensing and registration lapses, without admitting or denying findings

RBI fines HSBC ₹31.80 lakh for non-compliance with deposit norms

Central bank penalises HSBC for non-compliance with norms on unclaimed deposits, including failure to maintain database and assign reference numbers

RBI board assesses impact on financial markets amid geopolitical tensions

RBI board reviews global and domestic economic scenario, as rising oil prices, rupee pressure and geopolitical tensions pose challenges for monetary policy outlook

Governance and ethics come above everything else, says HDFC Bank

HDFC Bank reassures investors on governance and stability after Chairman Atanu Chakraborty's resignation, says RBI backing and board unity will help restore confidence

Kaizad Bharucha to take on more responsibilities at HDFC Bank, says CEO

HDFC Bank Deputy MD Kaizad Bharucha is set for a larger role as the lender reviews its organisational structure, with RBI approving his reappointment for three years

Corporate governance experts seek clarity on Chakraborty's HDFC Bank exit

Experts call for an independent directors' committee to probe circumstances behind Chakraborty's exit, citing ambiguity in resignation letter and investor concerns

Crude at $100: Should you lock in home loan rates before FY26?

Rising crude oil prices amid tensions in West Asia could affect inflation and the RBI's rate trajectory. Borrowers may consider locking in home loan rates before the financial year ends

No plan to privatise BSNL, says Jyotiraditya Scindia in Lok Sabha

Communications minister says BSNL will remain a public enterprise, highlights subscriber growth and progress in 4G rollout

Over 100 stock brokers settle Sebi case on misleading algo returns claims

Brokers including Zerodha and Angel One pay ₹1 lakh each to settle case over links with algo platforms that claimed guaranteed or consistent returns

Securities Appellate Tribunal grants partial relief to Computech Sharecap

Tribunal modifies Sebi order, restrains firm from onboarding new clients for one year instead of cancelling registration over compliance lapses

PM Modi stresses safe navigation in Hormuz in talks with Kuwait, UAE

Modi discusses West Asia situation with Kuwait Crown Prince and UAE President, emphasising maritime security and diplomatic engagement for regional stability

MCA aligns accounting standards with OECD's Pillar Two Model Rules

Companies must disclose exposure to Pillar Two income taxes under revised AS 22, while small and medium-sized firms are exempt from the new requirements

RBI grants approvals for Bain Capital's joint control in Manappuram Finance

Lender secures approvals for ₹4,385 crore investment, with Bain Capital set to acquire stake and become joint promoter alongside existing shareholders

Powerica, Sai Parenteral IPOs to open next week; GSP Crop subscribed 1.61x

Powerica and Sai Parenteral IPOs will open on March 24 amid mixed investor sentiment, while GSP Crop Science's ₹400-crore issue saw 1.61 times subscription

State Bank of India raises over ₹6,000 crore through Tier 2 bonds at 7.05%

SBI raises Rs 6,051 crore via Tier 2 bonds at 7.05% coupon, with the issue seeing nearly two times subscription and participation from a wide range of institutional investors

Tata Steel to merge NINL; approves up to $2 bn infusion in Singapore arm

The merger would also consolidate long products assets under a single entity, unlocking opportunities to create shareholder value, the company said

Standard Chartered settles Sebi case for ₹57.2 lakh over FPI norms

Standard Chartered Bank settles a Sebi case for Rs 57.2 lakh over alleged lapses in reporting beneficial ownership changes and compliance with FPI regulations

Ather Energy doubles service network to 500 centres across India

Ather Energy expands its service network to 500 centres across India, nearly doubling capacity to support growing EV adoption and strengthen after-sales service infrastructure

EAM Jaishankar meets EU leadership, discusses West Asia, India-EU FTA

EAM S Jaishankar met EU leaders in Brussels to discuss West Asia, energy security and push early signing of the India-EU free trade agreement and deeper strategic ties

Sebi proposes easing nomination norms for demat accounts, MF folios

Markets regulator Sebi proposes making nomination default for demat and mutual fund accounts, simplifying compliance norms and streamlining nominee requirements for investors