Companies Act

Govt relaxes resident director norms for companies

The relaxation allows for companies to have at least one director who has resided in India for more than 136 days this year.

Jun 29, 2014, 14:42 PM IST

Bharatiya Mahila Bank targets Rs 1,800 cr biz this fiscal

Bharatiya Mahila Bank (BMB), incorporated under the Companies Act last fiscal to extend banking services especially to women, is targetting at a business of Rs 1,800 crore this fiscal.

Jun 15, 2014, 19:08 PM IST