The Reserve Bank of India through circular dated August 25, 2021 has notified Housing Finance Companies (HFCs) as ‘Financial Institutions’. The HFCs registered under of National Housing Bank Act, 1987 and having assets worth ₹100 crore & above, shall qualify as ‘Financial Institution’ under Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act).
The 129th meeting of the IRDAI marks a significant moment in the evolution of the Indian insurance industry. With a focus on reinsurance, future-ready initiatives,
Madhya Pradesh revises Variable Dearness Allowance and minimum wages for scheduled employment, effective from October 1, 2024 after CPI increase and court order
Madhya Pradesh introduces new guidelines to address inefficiencies in Building and Other Construction Workers Welfare Cess assessment and recovery process.
The government extends PMFBY and RWBCIS with Rs. 69,515 crore funding, enhancing farmer insurance support and addressing grievances for smoother implementation
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