RBI slaps record Rs 12 crore fine on ICICI Bank over lapses

RBI inspected the books of ICICI Bank in 2020 and 2021 to evaluate its financial status. During the inspection, RBI found that the bank had given loans to companies where two of the lender’s directors held board positions — in violation of RBI guidelines. The bank also marketed and sold non-financial products, which are outside the remit of a commercial bank.

RBI inspected the books of ICICI Bank in 2020 and 2021 to evaluate its financial status. During the inspection, RBI found that the bank had given loans to companies where two of the lender’s directors held board positions — in violation of RBI guidelines. The bank also marketed and sold non-financial products, which are outside the remit of a commercial bank. from Times of India https://ift.tt/c82moVj

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Airtel-Tata DTH merger talks fail, Airtel informs BSE

Bharti Airtel and Tata Group have called off their discussions to merge Airtel Digital TV and Tata Play due to unresolved issues. The proposed deal, aimed at combining the two loss-making DTH operations, involved a share swap where Airtel would potentially hold a majority stake. Bharti Airtel and Tata Group have called off their discussions to merge Airtel Digital TV and Tata Play due to unresolved issues. The proposed deal, aimed at combining the two loss-making DTH operations, involved a share swap where Airtel would potentially hold a majority stake. from Times of India https://ift.tt/gt5oqs7

Laws not for extorting money from husband: SC

The Supreme Court cautioned women against misusing strict legal provisions intended for their welfare in divorce cases. The court emphasized that these laws are not meant for extortion, highlighting the misuse of accusations like rape and cruelty. from LifeStyle - Latest Lifestyle News, Hot Trends, Celebrity Styles & Events https://ift.tt/dVhK129

Will Nikola Jokic play tonight against the Los Angeles Clippers? Latest updates

Nikola Jokic’s availability for the Denver Nuggets vs. Los Angeles Clippers game remains uncertain after missing Tuesday’s match against the Boston Celtics due to illness. Coach Malone indicates Jokic’s condition has worsened. The Nuggets struggled without him, highlighting his crucial role. The game’s outcome will decide the season series, and Jokic's health is a priority. Nikola Jokic’s availability for the Denver Nuggets vs. Los Angeles Clippers game remains uncertain after missing Tuesday’s match against the Boston Celtics due to illness. Coach Malone indicates Jokic’s condition has worsened. The Nuggets struggled without him, highlighting his crucial role. The game’s outcome will decide the season series, and Jokic's health is a priority. from Times of India https://ift.tt/xq3W6gF

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