The Reserve Bank of India, on Thursday, announced that it will soon set up a committee to assess the state of housing finance securitisation market in the country. The move is aimed at bringing in standardisation of asset securitisation practices to enable better management of credit and liquidity risks. The committee, which will be announced soon, will also study the …

The government had re-constituted the IL&FS board after the crisis surfaced. The parliamentary standing committee on finance has asked the government to set up a high-level inquiry commission to identify the reasons behind the Infrastructure Leasing & Financial Services Ltd (IL&FS) default crisis. ET has reliably gathered that the panel, which will table its report in the matter on Wednesday, has …

The NMC Bill 2017 also seeks a National Licentiate Examination (NLE), a common licentiate examination for medical graduates for enrolment into Medical Register(s). Photo: Mint New Delhi: The parliamentary panel reviewing the controversial National Medical Commission (NMC) Bill 2017 has considered the contentions made by the medical fraternity, it said in its report released on Tuesday. The Bill proposes a provision …

Railway passengers could be paying extra for seats of their choice. NEW DELHI: Railway passengers could be shelling out more for choosing lower berths and travels during festive seasons, if the recommendations of a fare review committee are approved by the Railway Board. The panel constituted to review the flexi-fare system in premium trains has recommended that the transport behemoth …