Taking the street by surprise, the Reserve Bank of India on Thursday cut the key interest rate after inflation cooled and also gave a sanguine
Month: February 2019
Cheaper EMIs, if banks permit–Deccan Chronicle
Interest rates on both deposits and loans may be on a slide over the next few months for the hoi polloi. If banks begin to
Stinging India-US relations again? | Deccan Herald
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
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
‘मुद्रा’तील बनावट ‘कोटेशन’ची आता जीएसटी आयुक्तांकडून चौकशी | Loksatta
सुहास सरदेशमुख एकीकडे ‘मुद्रा’ योजनेतून ७१४ कोटी ८४ लाख रुपयांचे कर्ज वितरण करत या वर्षीचे जिल्ह्य़ाचे उद्दिष्ट पूर्ण केल्याचा दावा प्रशासनाकडून केला जात असताना या
bad loans: Banks yet to tag Rs 3.5 lakh crore stressed corporate loans as NPAs: Report – The Economic Times
Around Rs 3.5 lakh crore or 3.9 percent of the stressed corporate loans continue to remain unrecognised on the books of banks and nearly 40 percent of
Small sellers calling it quits on Amazon – The Economic Times
Over a dozen small, fringe sellers have begun exiting or suspending their accounts on Amazon, unable to manage logistics and order deliveries on their own after
Jobs: Jobs plan is missing link in Modi’s Interim Budget amid drama over data – The Economic Times
by Vrishti Beniwal India’s budget provided plenty of giveaways to farmers and middle-class voters, but was short on detail on one of Prime Minister Narendra Modi’s key
Budget analysis: Budget 2019 is the mother of all election budgets, but rates and inflation may rise–Economic Times
Swaminathan Aiyar’s take on Budget 2019 Highlights The budget showers Rs 6,000 per year on each of 120 million small farm owners. The budget will
budget 2019: Budget 2019: Did it address the key concerns of MSMEs and startups? – The Economic Times
While the goodies extended by Finance Minister Piyush Goyal this time, did warm the sector a bit, many industry stalwarts highlight the key aspects neglected
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