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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 Enforcement Directorate on Thursday said it has attached a “benami” asset worth Rs 55 crore of DMK MP A Raja — 45 acres of land in Coimbatore district in Tamil Nadu — under the anti-money laundering law.",This platform offers the ultimate Baccarat experience, exciting Lottery, Jackpot with ever-increasing prizes, Fish Shooting that offers undersea adventure, Card Games that challenge every player, along with Football and Sports. Sports are full of drama, attracting players with richness and high chances of winning.⚡,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.",Sectorally, Nifty Metal gained 1.42 per cent, followed by Nifty Oil & Gas rising 0.91 per cent, while Nifty FMCG jumped 0.59 per cent. However, Nifty Media slipped 0.56 per cent today, while, the private bank index fell 0.37 per cent.",offers a loyalty program with attractive rewards, encouraging players to join regularly and enjoy special offers.⚡,He will assume his new role for a period of three years from the date of joining or until further orders, a circular released by the Appointments Committee of the Cabinet read.",In a pre-budget representation, the All-India Bank Employees Association said, “to facilitate loan recoveries, laws should be enacted/amended to confiscate personal assets of the directors in case of default by a company.”",Radhakishan Rao, former Deputy Commissioner of Police (DCP), was remanded in a local prison, officials said.",a long-standing betting brand, still maintains its reputation and popularity with players thanks to its top service quality.⚡,The IMD has issued a yellow alert for six to 12 districts over these days. According to the forecast, thunderstorms accompanied by lightning, and gusty winds are very likely at isolated places in Adilabad, Kumarambheem Asifabad, Mancherial, Nirmal, Nizamabad, Jagtial, Rajanna Sircilla, Bhadradri Kothagudem, Mahbubabad, Warangal and Hanamkonda districts Wednesday.",The XPAD X-722,which is made locally in India,is equipped with 0.3 MP secondary camera and 2 MP primary camera. The tablet comes with an internal memory of 4 GB and is expandable up to 32 GB. The device is powered by a 3,500mAh Lithium polymer battery. ".