The central bank said the three revised master directions on fraud risk management are principle-based and strengthen the role of the board in overall governance and oversight of fraud risk management.
“The master directions now expressly require that the REs (regulated entities) shall ensure compliance with the principles of natural justice in a time-bound manner before classifying persons/entities as fraud, duly taking into account the SC Judgment dated March 27, 2023,” a RBI statement said.
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RSS condemns Manipur violence, asks governments to resolve conflict fast
The Rashtriya Swayamsevak Sangh (RSS) has condemned the latest violence in Manipur and demanded the government, both at the Centre and the state, that they \"sincerely\" resolve the conflict.
Seizures cross Rs 1,000-crore mark in ongoing elections, bypolls, says EC
The Election Commission on Monday said seizures from Jharkhand, Maharashtra and the various bypoll-going constituencies have crossed the Rs 1,082-crore mark.
Congress, BJP seek more time from EC to respond
POLL CODE VIOLATION COMPLAINTS
Congress will break 50% cap on reservations, says Rahul Gandhi
Congress leader Rahul Gandhi on Monday promised to remove the 50 per cent cap on reservations and conduct a caste census in the country.
'Very strange', says SC on unopposed election of 3,000 candidates in Punjab
PANCHAYAT POLLS
China stands ready to deliver on Modi-Xi common understandings
TO IMPROVE TIES
Centre asks states to take up on priority review of fire prevention, response plans
IN HEALTH FACILITIES
Delhi: DTC bus strike disrupts transportation, commuters face overcrowding
Delhi commuters faced major inconvenience on Monday as a strike by the DTC contractual bus drivers and conductors demanding equal pay and better working conditions led to a disruption in public transportation.
MCD 'strongly opposes' NGTs warning of imposing fine for Ghazipur landfill fire
The Municipal Corporation of Delhi (MCD) has strongly opposed the National Green Tribunal's warning of imposing a fine for violating environmental norms in the matter of the massive fire at the Ghazipur landfill site in East Delhi on April 21.
L-G launches anti-smog misting system in Dwarka
As Delhi grapples with severe air pollution and air quality index (AQI) levels breaching 450, Lieutenant Governor Vinai Kumar Saxena inaugurated \"anti-smog misting system\" in Dwarka.
