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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.",On Saturday, the water stock in the seven lakes that supply water to the city dipped to 9.69 per cent. In 2023, the lake levels on the same day had touched 15.10 per cent while, in 2022, the water stock stood at 19.95 per cent.",Mohanlal revealed that his new house is the assimilation of two flats. He had bought the flats on the 15th and the 16 floors and turned them into a duplex home with interior staircases. His new house is about 900 square feet, located in Kundanoor in Kochi.",The ongoing stand-off between producers and exhibitors federation has been hurting the Malayalam film industry at a time when it started realising its potential to rise up to the level of other south Indian movies in terms of box office collection. Condemning the theatre strike, actor Prithviraj has questioned the rationale behind the demand of exhibitors in seeking a 50-50 share of the revenue.",ALSO READ Anushka Sharma lauds Virat Kohli for being an all-rounder on Father’s Day: ‘How can one person be so many things’",Twitter on Tuesday said it required users to take down over 6.5 million pieces of content in the first half of 2022, before the social media platform was taken over by billionaire Elon Musk, a 29% increase from the second half of 2021.",“The accused said his right hand was injured while cutting iron rods fitted in the walls. As the blood started oozing out of his hand, Shahrukh went to the other portion of the building and found a piece of cloth inside the kitchen. He cleaned the wound with the cloth and then threw it on the stairs,” said a police officer.",The women’s and men’s professional tennis tours will not award ranking points for Wimbledon this year because of the All England Club’s ban on players from Russia and Belarus over the invasion of Ukraine, an unprecedented move that stands as a significant rebuke of the sport’s oldest Grand Slam tournament.",The company now has an operating portfolio of 10,934 MW, largest in India.",No civilian or firefighter suffered any injuries in the episode and both the fires were doused safely, Chief Fire Officer (CFO) Pradeep Kumar Choubey said.",… Corporation has acquired 6.660 per cent shareholding in ‘Jio Financial Services Ltd’ through demerger action by ‘Reliance Industries Ltd’,” LIC said in a regulatory filing.",Investors sold out of Yes Bank Ltd on Tuesday after rising bad loans triggered its first quarterly loss and brokerage Macquarie Research set a rare double-downgrade on the company’s stock. The private-sector lender’s shares plunged up to 30 percent, its biggest intraday percentage loss in over 7 months, dragging down the broader NSE Index in the market’s first response to its results reported late Friday. Markets were closed on Monday.".