fine

RBI penalises IDFC First Financial institution, LIC Housing Finance for non-compliance

by

RBI has imposed a penalty of ₹1 crore on IDFC First Financial institution for non-compliance with sure instructions on ‘Loans and Advances – Statutory and Different Restrictions’. The Statutory Inspection for Supervisory Analysis for FY22 revealed that the financial institution had sanctioned time period loans to a public sector endeavor for financing infrastructure tasks with out endeavor due … Read more

Apple set to be hit by EU Antitrust Order in App Retailer combat with Spotify

by

Apple Inc faces a probably hefty advantageous in addition to a ban on App Retailer guidelines it allegedly used to thwart music-streaming rivals, within the European Union’s newest crackdown on Massive Tech. Additionally learn: Google’s courtroom loss to Epic Video games might price billions however remaining consequence years away EU regulators are placing the ending … Read more