India Transact Services Ltd. (ITSL), an omni-channel merchant digital payment solutions company and a Group company of AGS Transact Technologies Ltd., is strengthening its merchant
Day: February 16, 2018
Tax collection assumptions in India’s budget ambitious: IMF – The Financial Express–16.02.2018—–*****
The IMF today said the tax collection assumptions in India’s budget is ambitious but there is a need to look into the fiscal implications of
Exports up 9 pct in January; trade deficit widens to over 3 yr high – The Financial Express–16.02.2018
India’s exports grew by 9 per cent to USD 24.38 billion in January, helped by a healthy growth in shipments of chemicals, engineering goods and
Expect more NPAs to come under IBC resolution – The Financial Express–16.02.2018—–*****
The Reserve Bank of India has come out with revised guidelines, setting out a framework for timely resolution of stressed assets through the use of
Why banks will likely fail to recover Rs 3 trillion from loan defaulters | Business -Standard News–16.02.2018—–*****
The Reserve Bank of India’s (RBI’s) new framework for stressed loans that would classify any default in one lender bank as a default in all
Crude pricing: Politically-motivated tinkering of oil could prove costlier | Business Standard News–16.02.2018
Oil prices on Thursday extended gains, pushed up by a weak dollar and by comments from Saudi Arabia that it would rather see an undersupplied
Gem of a scam: On PNB fraud – The Hindu–16.02.2018
A regulatory filing to the stock exchanges by Punjab National Bank has blown the lid off a ₹11,500-crore fraud. Perhaps the largest such scam in
PNB fraud case: System circumvented for 6 years–Deccan Chronicle–16.02.2018
The caution notice that Punjab National Bank chief has issued to other bank chiefs is self revelatory for not only does it provide details of
Is huge fraud at PNB really an aberration?–Deccan Chronicle–16.02.2018
The Reserve Bank, which does a regular inspection of banks in this country, could possibly examine the risk management lapses more closely. Banks grappling with
PNB fraud is a big headache for Allahabad Bank, Axis Bank, Union Bank, SBI–Business Today–16.02.2018
On Wednesday the country’s fourth largest bank lost nearly 10% of its market cap, around Rs 3,800 crore, following news of a 7-year-old, $1.77 billion
PNB fraud: Bengaluru trader says no action taken on Mehul Choksi after his 2016 complaint | IndiaToday–16.02.2018—–*****
A Bengaluru businessman who last year accused Gitanjali Gems MD Mehul Chowksi of perpetrating fraud involving the loss of thousands of crores of public money,
न बुजलेल्या फटी – अग्रलेख महाराष्ट्र टाइम्स–१६.०२.२०१८
पंजाब नॅशनल बँकेला त्याच्या काही अधिकाऱ्यांनी नीरव मोदीशी हातमिळवणी करून दिलेला हजारों कोटींचा झटका म्हणजे आपल्याकडे शहाणपण आले नसल्याचेच निदर्शक आहे. सार्वजनिक बँकांना पद्धतशीरपणे लुटण्याचा