Tag: FinMin

Sebi eases valuation norms for perpetual bonds on FinMin push

AT-1 bonds are considered perpetual in nature, similar to equity shares as per the Basel III guidelines. They form part of the tier-I capital of banks.

March 23, 2021

Govt committed to safety of bankers: Finmin

Earlier in June, a police constable in Surat, Gujarat allegedly manhandled a female employee of Canara Bank.

September 4, 2020

FinMin invites bids from transaction advisors for LIC IPO

The IPO of LIC would contribute a huge chunk to the government's budgeted disinvestment kitty of Rs 2.10 lakh crore this fiscal.

June 19, 2020

SC asks FinMin, RBI to convene joint meet to decide on moratorium period interest

On March 27, with an aim to ease burned on the borrowers during the COVID-19 lockdown, the central bank had extended the moratorium period by another three months till August 31.

June 12, 2020

FinMin exempts B2B firms from using only BHIM, RuPay for accepting payments

To encourage digital transactions and move towards a less-cash economy, the government inserted a new provision, Section 269SU

May 20, 2020