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The troubled waters of RBI's P2P directions

Mid-Day Premium The troubled waters of RBI's P2P directions

The Reserve Bank of India (RBI) regulates over 20 registered P2P platforms, ensuring transparency and investor protection. Despite challenges like a non-performing asset (NPA) rate of around 2-3 per cent, the sector remains a crucial tool for financial inclusion

09 October,2024 02:30 PM IST | Mumbai | Ritwik Mehta
TN Minister Senthil Balaji arrives at ED's office

TN Minister Senthil Balaji arrives at ED's office

The charges against him go back to his tenure as the transport minister AIADMK government from 2011 to 2015.

04 October,2024 04:09 PM IST | Chennai | mid-day online correspondent
Rupee falls 6 paise to 83.54 against US Dollar in early trade

Rupee falls 6 paise to 83.54 against US Dollar in early trade

At the interbank foreign currency market, the rupee began at 83.52 and fell to 83.54 against the dollar, a 6-paise reduction from its previous closing level.

13 June,2024 10:07 AM IST | Mumbai | mid-day online correspondent
SEBI bans former TV anchor, imposes Rs 1 cr penalty for fraudulent trading

SEBI bans former TV anchor, imposes Rs 1 cr penalty for fraudulent trading

SEBI has levied a Rs 1 crore penalty each on two persons. In addition, six other entities were fined Rs 10 lakh each.

12 June,2024 05:36 PM IST | Mumbai | mid-day online correspondent
Mumbai: Markets rebound sharply after major drop due to value-buying

Mumbai: Markets rebound sharply after major drop due to value-buying

The 30-share BSE Sensex rose 1,772.04 points to 73,851.09 during afternoon trading. Similarly, the NSE Nifty gained 560.5 points to 22,445

05 June,2024 02:02 PM IST | Mumbai | mid-day online correspondent
Vijay Mallya, Nirav Modi fled the country as probe agencies failed to arrest

Vijay Mallya, Nirav Modi fled the country as probe agencies failed to arrest

According to a special court, businessmen engaged in multi-million dollar frauds like Nirav Modi, Mehul Choksi, and Vijay Mallya were able to flee the country because investigation agencies failed to arrest them at a proper time.

03 June,2024 04:36 PM IST | Mumbai | mid-day online correspondent
Investors gain Rs 12.48 lakh crore as sensex hits record high

Investors gain Rs 12.48 lakh crore as sensex hits record high

The sensex hit high records after exit polls predicted a resounding victory for the BJP-led NDA in the Lok Sabha Elections 2024. 

03 June,2024 11:25 AM IST | Mumbai | mid-day online correspondent
Indian tax payers migrating to higher range of total gross income: SBI report

Indian tax payers migrating to higher range of total gross income: SBI report

ITRs filed by people earning between Rs 10 lakh and Rs 25 lakh has increased by 291 per cent, the report said. Total number of persons filing Income tax increased to 74 million in the assessment year 2022-23 from 70 million in 2021-22.

08 January,2024 05:55 PM IST | New Delhi | ANI
Jacqueline Fernandez receives yet another love letter from conman Sukesh

Jacqueline Fernandez receives yet another love letter from conman Sukesh

Sukesh Chandrasekhar wrote another lengthy letter to Jacqueline Fernandez and also shared that he will be going to propose to the actress again, hinting that he has done it before

12 December,2023 05:02 PM IST | Mumbai
RBI extends deadline to exchange or deposit Rs 2,000 notes until October 7

RBI extends deadline to exchange or deposit Rs 2,000 notes until October 7

The Reserve Bank of India (RBI) has announced an extension of the special initiative to phase out Rs 2,000 banknotes from circulation.

30 September,2023 06:41 PM IST | Mumbai | PTI

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