Capital markets regulator SEBI levied fines on Aadhaar Ventures India Ltd (AVIL) and its directors for violating insider trading rules and listing conditions.
The Reserve Bank of India (RBI) namely HDFC Bank has been selected for the 'test phase' of the 'On Tap' application facility for the theme 'Retail Payments' under regulatory Sandbox.
According to figures from the International Monetary Fund (IMF), India passed the United Kingdom (UK) to become the fifth-largest economy in the world in the last quarter of 2021.