RBI proposes exempting small NBFCs not dealing with public from registration

Mumbai, Feb. 10 -- The Reserve Bank of India (RBI) has proposed exempting smaller non-bank lenders that do not take public funds or deal directly with customers from registering with the central bank ... Read More

LIC takes Rs.1,400 crore hit from loss of GST-linked input tax credit

Mumbai, Feb. 5 -- Life Insurance Corp. (LIC) has taken a hit of Rs.1,400 crore due to the loss of input tax credit after certain life and health plans were exempted from the goods and services tax (GS... Read More

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