The Reserve Bank of India (RBI) has imposed a penalty of Rs1 lakh on Bihar-based Magadh Central Cooperative Bank Ltd for non-compliance with RBI directions on know-your-customer (KYC).

Market Regulator Securities and Exchange Board of India (SEBI) extended the deadline by one month for reporting differential rights issues by alternative investment funds (AIFs).

The corporate boards in the recent weeks are feeling nervous where no goods and services tax (GST) demand of any substantial ...