RBI Imposes Rs 36.38 Lakh Fine On HSBC Ltd For Violating Norms | Companies News

New Delhi: The Reserve Bank of India (RBI) has imposed a penalty of Rs 36.38 lakh on HSBC Limited for violation of directions on reporting requirements under the Liberalised Remittance Scheme of FEMA. The RBI had issued a show-cause notice to the bank, in response to which the bank submitted a written reply and also […]

ABHISEK RAJPUT

May 29, 2024

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Byju’s, Once Valued At $22 Billion, Is Now Worth “Zero” | Companies News

New Delhi: In what could be a shocker to many, edtech firm Byju’s, which was once valued at $22 billion, is now worth zero, according to a research note by financial firm HSBC. “We assign zero value to Byju’s stake amid multiple legal cases and funding crunch,” HSBC said in a note on May 21. […]

ABHISEK RAJPUT

June 8, 2024

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