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Manoranjan Mishra, a chief general manager at the department of non-banking regulation at RBI, said there is a growing interest in the asset reconstruction companies (ARCs) and the central bank has received several applications for setting up new ARCs. “For ARCs, sponsors have to be ‘fit and proper’. The criterion for fit and proper is something that we are working on and we’ll come out with some regulations around it. It will be more formalization of what we already have,” Mishra said at an NBCF meet organized by industry lobby IMC.",The 30-share BSE index ended 76.77 points or 0.15 per cent higher at 52,551.53.",Telugu superstar Mahesh Babu courted controversy earlier this week when he was asked about his plans to make his foray into Bollywood. He rejected that idea without any hesitation by stating, “Bollywood can’t afford me.” And he was well aware that he was making this statement at the risk of sounding “arrogant.”",Amid the ongoing festive and wedding season, celebrities are setting massive ethnic fashion goals. From breathtaking saris to trendy sharara sets the Instagram handles of our favourite stars are filled with all kinds of elegant traditional pieces.",The festivals are being called off with immediate effect, the tourism department said in a statement.",The mission called “InSight” will investigate why Mars’ crust is not divided into tectonic plates that drift like Earth’s.",The Indian Spider-Man, Pavitr Prabhakar, makes an appearance in the film. The film released in India on June 1, a day before its release in the US. The movie released in India in English, Hindi, Tamil, Telugu, Kannada, Malayalam, Gujarati, Marathi, Punjabi and Bengali.",Rubiales has been under fire after kissing Hermoso on the lips while handing the team their medals after they beat England 1-0 in the final in Sydney on Sunday.",S&P Global Ratings said on Monday a recommendation from an Indian central bank committee to allow industrial conglomerates to set up banks as part of proposed changes to the banking sector, is fraught with risk.",Card Game combines intelligence and luck, Fish Shooting brings deep sea adventures, Baccarat with classy space, Lottery opens up opportunities to win every day, Jackpot with huge jackpot, along with Football and Exciting Sports, are the highlight of this gambling platform, attracting players with its variety and big winning opportunities.⚡,Lots of people thought Welch was weird when he started doing this 12 years ago, opting to ditch the cheapest items on the sales rack in favour of maximizing the value of his purchases over the span of their lifecycles. But with inflation still a nagging problem, more shoppers are coming around to his way of thinking.",Under the rules, associate includes a person who directly or indirectly, by himself, or in combination with relatives, exercises control over the AMC or the trustee, among others.".