These include critical operations; regulatory, compliance and risk management and other functions such as business development. The committee has recommended that in terms of hierarchy, the key managerial personnel (KMPs) of all three verticals will be at par. However, in terms of resource allocation and utilisation, the functions under the first two verticals separately should be given higher priority.
MIIS are considered to be the pillars of the stock market ecosystem. These include stock exchanges, clearing corporations and depositories.
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Bihar, Andhra carry a high debt legacy
Bihar joins AP in taking fiscal stress in recent years, but lags far behind the southern state in prosperity
Andhra farmers weave capital dreams, once again
Envisioned as a modern metropolis, Amaravati lies abandoned but TDP's victory has reignited hopes.
BJD's comeback? A tricky course
With a 40.22% vote share in Assembly polls, it remains Odisha's preeminent party but is untested in the Opposition space, explains RAMANI RANJAN MOHAPATRA
Key portfolios allotted to loyalists, PM stays firmly in control
The constitution of the Union Council of Ministers, and the allocation of key portfolios send a clear message that the Prime Minister is firmly in control.
Notifying new telco rules in 100-day plan
Terms of reference for satellite spectrum allocation in the works
Major port cargo grew 6% in May
Overseas cargo handling seen as major factor
Insurers to seek clarity from Irdai
General and health insurance companies are likely to seek clarifications from the regulator on the operationalisation of certain aspects in the new master circular on health insurance products.
No need to teach about riots, Babri demolition in schools: NCERT chief
Rejecting accusations of saffronisation of school curriculum, National Council of Educational Research and Training's (NCERT's) director has said that references to Gujarat riots and Babri masjid demolition were modified in school textbooks because teaching about riots \"can create violent and depressed citizens.
Chouhan has busy first week at AgriMin
Union Agriculture Minister Shivraj Singh Chouhan has underlined the need to remove barriers to effective implementation and monitoring of government schemes, such as the Lakhpati Didi programme, which provides training to women in self-help groups (SHGs) to enable them to generate a sustainable annual income of at least 1 lakh per annum.
MHI draws up 3 plans for FAME-III budget firepower
Proposals range from â¹12.6K-30K cr but FinMin reluctant to allocate more than â¹10K cr
