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Now it has justified the transfer suggesting that it was made possible due to lower risk capital provisioning by the central bank this year as it balance sheet size shrunk by a fourth.Addr ....
Photo Credit: IANS IANSLive New Delhi, June 4 (IANS) Last month the Reserve Bank of India (RBI) had surprised many by announcing huge surplus transfer of Rs 99,122 crore to Centre for nine months ended March 31, 2021.
BidX1 , the digital property investment platform, has been recognised among Europe’s leading PropTech companies as part of an awards process backed. ....
Seasonal speed limit in effect on section of Route 11 June 03, 2021A section of Route 11 will now be a 35-mile-per-hour zone starting June 1 until the end of September after approval from the state. The Gilford Police Department announced on its Facebook page that a section of Route 11 (Lakeshore Road) from the Ellacoya Bar and Grille to the Gilford/Alton town line will be reduced from 40 mph to 35 from starting on June 1 and lasting through Sept. 30. That section of road is known for being congested over the summer. Last November the board of selectmen approved a motion to petition the Department of Transportation for a seasonal speed limit from Memorial Day and Labor Day. Police chief Anthony Bean Burpee presented the proposal to the selectmen after meeting with Public Works director Meghan Theriault and Planning and Land Use director John Ayer. ....
Consumer finance firm of Ant Group approved for business Xinhua 03 Jun 2021, 22:30 GMT+10 BEIJING, June 3 (Xinhua) China on Thursday approved the opening of a consumer finance company of Ant Group, a major financial services technology provider in the country. As a licensed financial institution, the consumer finance company of Ant must strictly abide by relevant regulations, the China Banking and Insurance Regulatory Commission said. The company, approved in September last year, had completed the preparation work within the statutory period and met the opening requirements, the commission said. Under Ant Group s rectification plan, the new company will take over the consumer credit businesses, in line with regulations of two micro-credit firms. The two micro-credit firms will exit the market within the one-year transitional period after the consumer finance company opens. ....