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Manoranjan Mishra, a chief general manager at the department of non-banking regulation at RBI, said there is a growing interest in the asset reconstruction companies (ARCs) and the central bank has received several applications for setting up new ARCs. “For ARCs, sponsors have to be ‘fit and proper’. The criterion for fit and proper is something that we are working on and we’ll come out with some regulations around it. It will be more formalization of what we already have,” Mishra said at an NBCF meet organized by industry lobby IMC.",An SBI research report on Tuesday dismissed arguments that India is dangerously close to Hindu rate of growth saying such statements are “ill-conceived, biased and premature” in the wake of the recent GDP numbers and the available data on savings and investments.",a leading bookmaker in Asia, is famous for its quality betting services and excellent user experience.⚡,Magic Leap claims it spent years in developing its technology and the hardware. The Leap One is bulkier than an average pair of googles. It isn’t as compact as the standard pair of glasses, but it does have a similar form factor at least. Of course, the Leap One headset is loaded with cameras and sensors to accurately map head and body tracking.",It comes with a ‘Liquid Retina’ display that can go up to 500 nits of brightness. The M3 chip sports a 16-core Neural Engine which the company says can run optimised AI models that can perform real-time speech-to-text, text predictions, and translation.",Finance Minister Nirmala Sitharaman on Tuesday said in Parliament that permission to new private banks for conducting government-related business will be given under the RBI guidelines.",is secure and flexible financial transaction system allows players to easily deposit and withdraw funds, ensuring the process is quick and hassle-free.⚡,Bitcoin, the world’s biggest digital currency, fell more than 7% after the tweet and was trading at ,669. Tesla Inc revealed in February it had bought .5 billion of bitcoin, before it began accepting it as payment for cars in March, driving a roughly 20% surge in the world’s most widely held cryptocurrency.",The bifurcation cost the Congress heavily in Andhra Pradesh. It suffered huge exodus of leaders and the party had not been able to win a single Lok Sabha or Assembly seat in Andhra Pradesh since then.",The Mumbai-bench of National Company Law Tribunal (NCLT) has extended the deadline for completing the resolution process of Reliance Capital by three months to July 16 as lenders have agreed to hold a second round of auction to maximise their recovery.",Rakul Preet Singh showed us a brand new way of elevating the basic LBD, and we absolutely love the structural, signature Amit Aggarwal voluminous sleeves.",In a report that appeared in ACS’ journal Analytical Chemistry,researcher Mark Meyerhoff and colleagues explained that about 5 percent of the world’s population have diabetes.  ".