Niranjan Hiranandani, Assocham’s new President and Hiranandani Group’s Managing Director Assocham’s new President and Hiranandani Group’s Managing Director, Niranjan Hiranandani, says tax rates should be
Month: December 2019
Country’s economy facing difficult situation, not in crisis: Ramgopal Agarwala – The Economic Times
The country’s economy is going through a difficult situation but not in a crisis, Niti Aayog distinguished fellow Ramgopal Agarwala said here on Saturday. The
How not to counter economic stagnation – The Hindu
The government has to garner resources and give a boost to the economy by increasing its investments The Centre and the States are so short
Nirmala Sitharaman tells banks not to worry 3Cs; NCLT helps PSU banks recover this much amount – The Financial Express
Finance Minister Nirmala Sitharaman once again on Saturday said the bank officials that they need not worry against any ”undue harassment” from agencies. The Finance
PSU bank NPA: Financial stress worsens; Here’s what RBI estimates – The Financial Express
Even before the Reserve Bank of India (RBI) highlighted the rising stress on banks’ books in H1FY20, it had been evident that the non-performing assets
Bank deposit cover set for increase – The Hindu
DICGC proposes raising cover from the current ₹1 lakh to ₹3 lakh-₹5 lakh Following the recent incidence of fraud at the Punjab and Maharashtra Cooperative
बहुराष्ट्रीय कंपन्यांची मक्तेदारी घातक! –महाराष्ट्र टाइम्स
बहुराष्ट्रीय कंपन्यांची मक्तेदारी घातक! डॉ. अनिल काकोडकर बहुराष्ट्रीय कंपन्यांची मक्तेदारी ही अनेक देशांची डोकेदुखी ठरली आहे. या कंपन्या आपल्या तंत्रज्ञानाच्या बळावर तंत्रज्ञानाने विकसित नसलेल्या देशात
The NPA situation: present perfect, but future tense – The Hindu
The NPA ratio for all commercial banks declined in FY19, but stressed assets inched up. Moreover, the NPA ratio of Indian banks is the poorest
Bank frauds rise to record Rs 1.13 lakh cr in H1 FY20 – The Economic Times
Frauds reported by banks during the first half of the current fiscal touched an all-time high amount of Rs 1.13 lakh crore, owing to delay
indian banks: Banks still not out of the woods; RBI sees bad loans rising in 2020 – The Economic Times
The report said state-run banks’ GNPA ratios may increase to 13.2 per cent by September 2020 from 12.7 per cent in September 2019. Mumbai: The
DICGC faces a claim of Rs 14,000 crore from co-operative banks including PMC: RBI – The Economic Times
The Deposit Insurance and Credit Guarantee Corporation (DICGC) faces a total claim of about Rs. 14,000 crores from the co-operative banks mostly urban cooperative banks
Income tax changes of 2019: The impact they made on your personal finances – The Economic Times
Another relief for the salaried class was the hike in standard deduction by Rs 10,000 to Rs 50,000. A lot of big things happened on
RBI Governor Shaktikanta Das wants firms, banks to do this to lift economy – The Financial Express
The RBI chief also said reviving the twin engines of consumption and investment remains the key challenges even as remaining vigilant about spillovers from global
No more bullets, just hard reforms – The Financial Express
Even when many in the government criticised ex-chief economic advisor Arvind Subramanian for saying India’s GDP was overstated by 2.5 ppt, few could explain why,
New SBI ATM cash withdrawal rule: Do this for over Rs 10,000 from January 1 – The Financial Express
SBI ATM cash withdrawal: Withdrawing more than Rs 10,000 from an SBI ATM is going to be more secure from January 1. SBI customers will
A real Budget, please: This one has to confront severe resource restraints | Business Standard Column
Among the first things that a finance minister has to do when framing the Budget is determine the likely growth rate for the economy in
GST shortfall not that big headache for Modi; it’s a worry for state Chief Ministers – The Financial Express
To compensate for GST shortfall, the government has recently increased the monthly GST collection target. Low tax collection in most of the Indian states may
West Bengal FM Amit Mitra’s suggestion to boost banking penetration into unbanked areas; what he says – The Financial Express
West Bengal Finance Minister Amit Mitra on Friday said the cooperative banks in the state have lent Rs 36,000 crore in the last five years
Nirmala Sitharaman to meet heads of PSBs tomorrow, likely to discuss credit flow to MSMEs – The Financial Express
By Ankur Mishra Finance minister Nirmala Sitharaman is expected to meet the heads of the public sector banks on December 28 to discuss the credit flow
Banks’ gross NPA ratios may rise from 9.3% to 9.9% by Sept 2020: RBI | Business Standard News
The gross NPA ratio of banks stood at 9.3 per cent in March 2019. The gross non-performing asset ratio of banks may increase to 9.9
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