The higher-than-expected utilisation of input tax credits, including the transitional credits, has been cited by the government as one of the reasons for the sharp
Day: January 3, 2018
When slack credit demand pares rates–Economic Times–03.01.2018
The country’s biggest lender reducing lending rates by 30 basis points points to three things: one, the general rule of demand and supply works in
Promoters now realise they aren’t irreplaceable: Sunil Srivastava, SBI – The Economic Times–03.01.2018
Bankers extended themselves in the past, even in matters beyond their realm, in trying to find solutions to problems faced by the promoters. NCLT is
Need to end fiscal targeting obsession- Business News–03.01.2018
Since NDA government took over the rein of power in 2014, successive budgets have shown definite resolve of the government to reduce fiscal deficit figures
Bad loans to remain a thorn in Indian banks’ side for now–Business Today–03.01.2018
As we enter 2018, it is clear that we are not anywhere near solving the vexed non-performing asset (NPA) problem that has plagued the Indian
IBC may end NPAs problem, but won’t help banks get their money back–Business Today–03.01.2018
As the 400 plus cases under the IBC at the NCLT wind their way through the various stages of the resolution process, banks are increasingly
Arun Jaitley rules out one GST rate for all items | Business Standard News–03.01.2018
The government on Tuesday ruled out having a single rate for all commodities under the Goods and Services Tax (GST) saying items like food products
Cheque-bounce case: New Bill in Lok Sabha to provide for interim compensation | Business Line–03.01.2018
The interim compensation can be an amount not exceeding 20 per cent of the amount of the cheque, according to the Statement of Objects and
Banks’ consortium lending: Diligence report in for a makeover | Business Line–03.01.2018
Diligence reports — mandated by RBI in 2008 for consortium lending by banks — are in for a makeover if the central bank accepts an
No shortcut to reform | Business Standard Editorials–03.01.2018
India’s archaic and restrictive labour laws have long been a drag on its economy, preventing it from reaching its full potential. Reform is overdue, but
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