The arrest of 129 Indian nationals in the United States on charges of wilfully violating US immigration laws should serve as a cautionary reminder to
Day: February 7, 2019
EDITORIAL | Jobs: Modi’s Mudra mess | Deccan Herald
Mudra loan Faced with a crisis of jobs, Prime Minister Narendra Modi and his government continue to talk up Mudra loans and claim that it
India’s shadow banks dread builder bankruptcies – The Economic Times
By Andy Mukherjee Just a year ago, India’s third-largest mortgage lender was bragging about how it had shrunk its financing costs by replacing bank loans
Bank Services: Lenders bank on bots to improve customer service–Economic Times
Banks are finding ways of harnessing technology to transform customer service by automating customer queries, minimising human intervention and extending services to accomplish financial tasks over chat
MSME: CII’s conference on MSME financing for SC/ST entrepreneurs to address funding options – The Economic Times
To actualise this, the Government of India, through the Ministry of MSME, has introduced many specially formulated, SC/ST-targeted schemes. MSMEs are the backbone of Indian
Banks cannot be absolved of liability for unauthorised withdrawals: Kerala HC – The Economic Times
SMS alerts cannot be the basis to determine the liability of a customer, for there would be account holders who may not be in the
Banks need Rs 20 lakh crore deposits for credit growth, may up rates: Report – The Economic Times
The additional deposit requirements will also “put upward pressure on the interest rates bank offer on deposits The jump in credit growth will require banks
GST anti-profiteering: An unending dilemma for taxpayers – The Financial Express
Businesses still await the formulation of standard guidelines for compliance with anti-profiteering provisions under the GST regime. Even after 25 orders have been passed by
SBI Cardholders Alert! State Bank warns customers of skimming frauds; Here’s how to deal with them – The Financial Express
In a mail to its customers, SBI has warned the cardholders of skimming fraud, which is an act of illegally coping data from the magnetic
India’s employment: The true picture | Business Standard Column
A sound policy framework requires the support of robust institutions that collect and transmit good data regularly. I am a great believer in robust data
Aadhaar-PAN linking mandatory for filing income tax return, says SC | Business Standard News
The Supreme Court has said that linkage of PAN with Aadhaar is mandatory for filing of Income Tax returns. A bench comprising Justices A K Sikri and
Essel expects to raise over ₹20,000 crore from infra asset sale – The Hindu BusinessLine
In talks with suitors to sell solar, road assets Subhash Chandra’s Essel Group expects to raise over ₹20,000 crore by selling its infrastructure business, comprising