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RBI proposes asset-based criteria for PSU inclusion in upper layer NBFC

The Reserve Bank of India on Friday proposed an overhaul of the framework for identifying upper-layer non-banking finance companies (NBFCs), suggesting a shift to an asset-size-based criterion and inclusion of government-owned entities, PTI reported.Under the draft ‘Reserve Bank of India (Non-Banking Financial Companies’ Registration, Exemptions and Framework for Scale Based Regulation) Second Amendment Directions, 2026’,…

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Aditya Birla Group, TOI Group, Bolt Ventures & Blackstone acquire RCB for $1.78 billion | Cricket News

Virat Kohli with the IPL trophy. (AP Photo) Mumbai: Aditya Birla Group, The Times of India Group, Bolt Ventures, and Blackstone have signed a definitive agreement to acquire 100% of the Royal Challengers Bengaluru (RCB) franchise that will include both the men and women’s teams.The Indian Premier League (IPL) and the Women’s Premier League (WPL)…

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W Asia conflict: Rajnath-led GoM reviews LPG availability, says facilitating supply of essentials | India News

NEW DELHI: The informal group of ministers (iGoM) headed by defence minister Rajnath Singh on Wednesday directed all departments to continue focusing on preparedness, coordination and resilience building to stay ready to deal with any eventuality due to conflict in West Asia.In a post on X, Rajnath said the govt is ensuring continued availability of…

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