SC revokes financial planner’s licence for false declaration

[ KUALA LUMPUR: The Securities Commission has revoked the Capital Markets Services Representative’s Licence (CMSRL) of Lim Chee Kuang on the basis he had submitted false and misleading information to the regulator in relation to his CMSRL application. In addition to revoking the licence, the SC imposed a reprimand against Lim for r failing to … Read more

Manoj Chacko’s Fly 91 gets licence; to start flights soon including to Lakshadweep

[ NEW DELHI: A new regional airline will take to the skies this week that will, among other routes, link Lakshadweep to more cities. The Directorate General of Civil Aviation (DGCA) on Wednesday issued the air operator permit (AOP or licence) to aviation veteran- Manoj Chacko backed “Fly 91”. Manoj Chacko (First from left) The … Read more

Fino Payments Bank applies for small finance bank licence

[ MUMBAI: Fino Payments Bank has applied to RBI for a licence to operate as a small finance bank. Fino is one of the six remaining payment banks and the only one to be listed on stock exchanges.The bank’s board had approved the proposal on July 23 and also a corporate restructuring of the bank. … Read more