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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.",The PIF already owns Premier League club Newcastle and manages more than 0 billion of the oil-rich kingdom’s assets. Unlike the Premier League and other European teams, Saudi clubs are not bound by UEFA’s rules on spending, meaning there is no limit to the salaries the PIF can offer to lure top players to the Middle East. Aside from Al Nassr, it now owns a 75% share of Al Ittihad, Al Ahli and Al Hilal, the Asian Champions League winner in 2019 and 2021.",Season-enders seldom end happily for Borussia Dortmund.",The rupee was at 83.0975 by 11:15 a.m. IST, compared with 83.0725 in the previous session.",always updates the newest and most popular games, helping players always have the opportunity to experience the top and most modern games.⚡,Addressing reporters outside the AIADMK headquarters in Chennai, Elangovan said both parties have common views. He noted that a winning alliance would be formed, and they would initiate further talks based on the directions of general secretary Premalatha Vijayakanth, the wife of Vijayakanth, who passed away on December 28, 2023.",Congress leader Geniben Thakor’s victory in Banaskantha – the first Lok Sabha seat the party has won in a decade from Gujarat – has given the Opposition a toehold in Parliament from the state.",The country’s leading automaker’s standalone revenue from operations surged 19.8 per cent to Rs 32,048 crore in the March quarter. Maruti’s revenue from operations in the same period the previous year stood at Rs 26,740 crore.",The launch event will be live-streamed on Realme’s YouTube channel and Facebook page as well. The upcoming event will kick off at 12:30PM. While Realme hasn’t revealed much about the laptop, the laptop’s event page on Realme’s Indian website reveals that the device will feature a metal body.",Imports also declined 17.48 per cent to USD 53.10 billion in June.",As many as 149 officer trainees, including 132 IPS officer trainees of the 73rd batch of IPS regular recruits, will take part in the Passing Out Parade at the Sardar Vallabh Bhai Patel National Police Academy (SVP NPA) Friday. National Security Advisor Ajit Doval will review and address the parade as the Chief Guest.",Goods and Services Tax (GST) has acted as an engine for driving domestic consumption and helped households save on monthly bills since its implementation six years ago, the government said on Friday.".