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EPFO adds 13.41 lac net members in October

The Employees' Provident Fund Organisation (EPFO) has released provisional payroll data for October 2024, revealing a net addition of 13.41 lakh members which signifies increased employment opportunities and heightened awareness of employee benefits, bolstered by EPFO’s effective outreach initiatives.

RBI imposes Rs 5 lakh penalty on LIC Housing Finance

The Reserve Bank of India (RBI) on Monday imposed a penalty of Rs 5 lakh on LIC Housing Finance Ltd for non-compliance with certain provisions of the Housing Finance Companies Directions, 2010 issued by the National Housing Bank (NHB).