Nsdl
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.jpg?im=Resize,width=720,aspect=fit,type=normal "NSDL reverses electronic signature service a day of discontinuing it; Fintech players still want clarity on Aadhaar based eKYC")
NSDL reverses electronic signature service a day of discontinuing it; Fintech players still want clarity on Aadhaar based eKYC
Pratik Bhakta •The moves comes as a relief but the fintech industry says clarity needed on Aadhaar-based eKYC
National Securities Depository press pause on e-sign services for some companies
Pratik Bhakta •eSign allowed customers to be onboarded remotely and digitally by NBFCs and digital stockbrokers.
Karvy case: SAT asks NSE to decide on revoking stock broker firm's license by 6 December
•The Securities Appellate Tribunal (SAT) has asked the NSE to take a decision by Friday in the matter of suspension of trading licence of Karvy Stock Broking Ltd
Karvy Stock Broking case: SAT suspends further transfer of clients' securities pledged with lenders
•The Securities Appellate Tribunal (SAT) on Tuesday suspended the further transfer of investors securities that Karvy Stock Broking Ltd had pledged with lenders
Big relief in Karvy case: 90% investors get back their securities on prompt SEBI action
•Markets regulator SEBI's prompt action against Karvy Stock Broking Ltd (KSBL) has resulted in nearly 83,000 investors getting back their securities, which were illegally transferred by the broker to its own account and were even pledged without any authorisation
Indian stock gains to be limited in 2020 as fiscal stimulus, easy monetary policy fail to revive economy: Poll
•The BSE Sensex index was forecast to rise another 6.7 percent to 43,645 by end of next year from Monday’s close of 40,889.
Karvy Stock Broking refutes claims it has defaulted on Rs 2,000 cr loans; says owes around Rs 50 cr to clients: Report
Fp Staff •Karvy Broking has been given 21 days time from the date of receiving the order to file its objections or responses, if any
HDFC's digital journey chronicled; Scribe Tamal Bandopadyay writes about how largest private sector lender embraced digital changes
Fp Staff •A Nike ad with the tagline ‘Make yourself’ gave HDFC's Aditya Puri the idea for ‘loans against securities’
Union Bank's net loss widens to Rs 3,370 cr in Q4 on higher provisioning; 'worst is over,' says CEO
•For the full fiscal, Union Bank reported a net loss at Rs 2,948 crore as against Rs 5,247 crore in FY2018.
RBI appoints Sudha Balakrishnan as its first chief financial officer; will serve 3-year term, says report
Fp Staff •Balakrishnan, a chartered accountant, was until recently a vice-president at the NSDL, India’s first and largest depository.