August 31, 2024August 31, 2024 The UCO Bank said that they have been imposed a Rs 2.68 crore penalty from the Reserve Bank of India for contravention of certain provisions, which includes an opening of current accounts, frauds classifications, and interest rate on deposits. Moreover,…
August 30, 2024August 30, 2024 Under the proposed draft rules, the Department of Telecommunications (DoT) proposed to drop the penalty clause for telecom entities violating interception norms. On Wednesday, August 28, the draft Telecommunications (Procedures and Safeguards for Lawful Interception of Messages) Rules, 2024, were issued. The new rules…
A stock market trader who was being investigated for insider trading, sent abusive responses to market regulator Sebi, following which he attracted a fine of Rs 20 lakh. Rajat Mishra, the notice in the matter, replied to Sebi in the offensive phrase — “Notice de rxxe ho ya bxxxk mxxxg rxxe ho.” In this regard,…