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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 company’s Monday filing is not public and has not previously been reported. The Supreme Court has set next Monday for a hearing. Bytedance did not respond to a request for comment. India’s information technology ministry also did not respond.",Netflix on Monday announced that the upcoming Malayalam superhero movie Minnal Murali will start streaming on the eve of Christmas. The film, starring Tovino Thomas in the lead, will premiere on Netflix worldwide on December 24.",Tension prevailed as police prevented party workers and their leaders from proceeding to Tank Bund by pushing barricades.",In a Twitter thread, Shraddha complained that those ‘who handle accounts of big films’ should get her name correct ‘for the sake of journalism school they never graduated from.” The actor also clarified that she chooses to write her mother’s name Rama as her middle name and while she has already made changes on her official Instagram handle, she plans to make those changes to her Twitter bio as well.",Meanwhile, Chennai and nearby areas are likely to receive light to moderate rain with thunderstorms and lightning in the next 48 hours.",With a solid reputation, is one of the most popular bookmakers in Asia, attracting many players.⚡,famous in the Asian betting community, is known for its reliability and diverse betting games.⚡,The Reserve Bank of India (RBI) has unveiled the Payments Vision 2025 document which proposes a host of innovative payment systems and regulation of BigTechs, fintechs, buy-now-pay-later (BNPL) systems, and introduction of a central bank digital currency (CBDC), among others.",Home-grown FMCG firm Jyothy Labs on Monday reported an 18.73 per cent rise in its consolidated net profit at Rs 47.73 crore in the first quarter ended June 30, 2022.",Finance minister Piyush Goyal today said the government is open to discuss the issues that the Reserve Bank of India (RBI) had raised recently over the lack of powers in regulating state-run lenders.",The minister on Monday inaugurated a new boundary wall worth Rs 37 lakh at a government high school near Arungurukkai village. While addressing the gathering, Ponmudy listed out the welfare schemes of the ruling DMK government and asked whether people were getting all the benefits provided by the government.".