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We would request you that RBI monitoring of banks should be a triad – a combination of risk-based supervision, off-site surveillance and random on-site inspections of operational systems, which, we feel, will give the best result instead of RBI totally dispensing with on-site inspections,” the union said in the letter.",On the Sensex pack, NTPC, Bajaj Finance, Maruti Suzuki India, State Bank of India (SBI), Housing Development Finance Corporation (HDFC) and Kotak Mahindra Bank were the top gainers of the day. On the other hand, Ultratech Cement, Asian Paints, ITC, Tata Consultancy Services (TCS), Dr. Reddy’s Laboratories and HCL Technologies were the top losers.",Accordingly, a maximum punishment of 10 years Rigorous Imprisonment (RI) and a penalty of up to `5 lakh has been proposed in the amendment.",The first Satellite of Indian Regional Navigation Satellite System (IRNSS) constellation,IRNSS-1 will be launched by PSLV-C22,said DoS Secretary and Chairman of Indian Space Research Organisation (ISRO) K Radhakrishnan. According to ISRO officials,IRNSS is an independent regional navigation satellite system,designed to provide position accuracy of better than 10 metres over India and the region extending about 1500 km around the country.",The Reserve Bank of India (RBI) has unveiled the Payments Vision 2025 document which proposes a host of innovative payment systems and regulation of BigTechs, fintechs, buy-now-pay-later (BNPL) systems, and introduction of a central bank digital currency (CBDC), among others.",A government release on Saturday said 27 bodies had been recovered from the site of the gaming zone. The FIR filed in the wee hours of Sunday, though, claimed that 28 people had been killed.",Scientists have discovered that design technology used in Formula 1 racing can be used to treat damaged eardrums.",Giving clarification on that statement, the actor has now revealed that she has not been in an intimate relationship since her split from ex-husband Will Kopelman in 2016.",Apple Inc scored a win on Monday when the U.S. International Trade Commission ruled that it did not violate a Google patent to make the popular iPhones.",HP has announced the launch of its latest range of Laptops in India, which come with the AMD Ryzen 4000 Series Mobile Processors. The company says that the ProBook notebooks will help small business owners and mobile professionals boost productivity and collaborate with ease. The ProBook 635 Aero G7 notebooks are said to be the lightest AMD based notebooks by HP with a starting weight of under 1 kg.",Coming to private banks, most of India’s private sector lenders have decided to go for the ‘opt-in’ option for their customers and have asked them to inform the bank in case they wish to opt for the three-month moratorium period.",German luxury car maker Mercedes-Benz on Tuesday reported record sales in India at 4,697 units during the first quarter of 2023, a 17 per cent growth over the year-ago period, with its top end vehicles priced above Rs 1 crore seeing accelerated growth. Mercedes-Benz India, which had sold 4,022 units in the same quarter last year, launched its hybrid AMG GT 63 S E Performance model with price starting at Rs 3.3 crore (ex-showroom Delhi) as part of its strategy to accelerate sales of top end vehicles (TEVs).".