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Sebi bars 21 entities in Axis mutual fund front-running case

Sebi said Joshi, who was privy to the trade information of the fund house including size and timing of orders that were not in public domain would pass on the confidential information regarding the impending trade order to his connected individuals.

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Non-food bank credit surges 16.7% in January

The data on sectoral development of bank credit in January 2023 showed that the personal loan outstanding on January 27, 2023, was Rs 39.59 lakh crore as against 32.87 lakh crore in a year ago.

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SBI seals $1-b syndicated ESG loan from Japan, Taiwan

The facility of $1 billion was arranged through Japan’s MUFG Bank and Taiwan’s Taipei Fubon Commercial Bank Co. MUFG and Taipei Fubon Commercial Bank are the joint co-ordinators, while MUFG is the lead loan co-ordinator for this transaction.

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E-filing of CESTAT appeals begins on trial basis

“A module for e-filing of appeals and applications in CESTAT is being developed by NIC. The first version of the module is ready for trial by the stakeholders. For the purpose of testing, Advocates are requested to file appeals on trial basis on the e-filing module of CESTAT website,” a Continue Reading

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Growth projection of 7% for FY23 very realistic: CEA Anantha Nageswaran

“The trends that we have in terms of high frequency data for 2022-23 for fourth quarter do indicate that achieving that growth rate in Q4 is well within the realm of possibility and therefore the 7 per cent real GDP growth estimate for 2022-23 is very realistic,” Nageswaran told reporters.