Day: June 13, 2017

INFOMERICS approved as credit rating agency for risk weighting by banks.

INFOMERICS approved as credit rating agency for banks risk weighting for capital adequacy claims purposes in addition to existing 6 domestic agencies-RBI Prudential Guidelines on Capital Adequacy and Market Discipline- New Capital Adequacy Framework (NCAF) – Eligible Credit Rating Agencies – INFOMERICS Valuation and Rating Pvt Ltd. (INFOMERICS) …

Government emphasizes that GST is scheduled to roll-out on 01-07-2017

Government emphasizes that GST is scheduled to roll-out on 01-07-2017. CBEC in coordination with State Govt. has increased Outreach Programmes  Ministry of Finance Press Release 13-June, 2017 Government emphasizes that Goods and Services Tax (GST) is scheduled to roll-out on 1st July, 2017; CBEC in coordination with the …

IRDAI Appoints Administrator for Sahara Insurance Company

IRDAI Appoints Administrator for Sahara Insurance Company, said it is acting prejudicial to the interests of holders of life insurance policie Public notice Appointment of Administrator for M/s Sahara India Life Insurance Company Ltd. The IRDAI has reasons to believe that M/s Sahara India Life Insurance Co. Ltd., …