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TIGHTENING OF INSOLVENCY LAWS

Fraudulent and defaulted promoters of companies will no more be allowed to get a participation in the bid for companies going insolvent. Accordingly the Insolvency and Bankruptcy code is being amended by the Government. The amendments would come in force with immediate effect and the necessity for such an ordinance was needed since cases are

TIGHTENING OF INSOLVENCY LAWS

Fraudulent and defaulted promoters of companies will no more be allowed to get a participation in the bid for companies going insolvent. Accordingly the Insolvency and Bankruptcy code is being amended by the Government. The amendments would come in force with immediate effect and the necessity for such an ordinance was needed since cases are

ESAF small finance bank to open 145 branches, list by 2020

The Kerala based new Private Sector Bank, ESAF – Small Finance Bank, is set to open 145 new branches by March 2018.  The bank has plans to take a shift from its micro finance tag to servicing  industry, SMEs, Housing Finance and also Gold Loans. ESAF which was previously a micro finance company, in similar

ESAF small finance bank to open 145 branches, list by 2020

The Kerala based new Private Sector Bank, ESAF – Small Finance Bank, is set to open 145 new branches by March 2018.  The bank has plans to take a shift from its micro finance tag to servicing  industry, SMEs, Housing Finance and also Gold Loans. ESAF which was previously a micro finance company, in similar

India Post Payments Bank: Branches To Help Promote Financial Inclusion

Government of India Communication Department Ministry has informed that the Government is working on putting 650 branches of India Post Payment Banks which is expected to help out in Financial Inclusion. It is known that already two branches of the Bank are functioning at Raipur and Ranchi.  The purpose of opening another 650 Post Payments

India Post Payments Bank: Branches To Help Promote Financial Inclusion

Government of India Communication Department Ministry has informed that the Government is working on putting 650 branches of India Post Payment Banks which is expected to help out in Financial Inclusion. It is known that already two branches of the Bank are functioning at Raipur and Ranchi.  The purpose of opening another 650 Post Payments

Recapitalization Bonds For PSU Banks In Four Months.

It is well known that the Finance Ministry has come out with a plan to recapitalize the Public Sector Banks, through induction of Rs. 70,000 which could bring the PSU banks out from the NPA issues.  The last month announcement by the Government was for an amount of Rs. 2.11 lakh crore, for strengthening of

Recapitalization Bonds For PSU Banks In Four Months.

It is well known that the Finance Ministry has come out with a plan to recapitalize the Public Sector Banks, through induction of Rs. 70,000 which could bring the PSU banks out from the NPA issues.  The last month announcement by the Government was for an amount of Rs. 2.11 lakh crore, for strengthening of

PAYTM OFFERS CHAT

Challenges of-course exist in the Technology industry, and Paytm is no exemption to it.  To face the challenges being faced against its rival Whatsapp, Paytm has launched its own version of a chat feature on the app.  This is done through launching of an Inbox facility which is a messaging platform with in-chat payments.  What

PAYTM OFFERS CHAT

Challenges of-course exist in the Technology industry, and Paytm is no exemption to it.  To face the challenges being faced against its rival Whatsapp, Paytm has launched its own version of a chat feature on the app.  This is done through launching of an Inbox facility which is a messaging platform with in-chat payments.  What