https://www.business-standard.com/opinion/columns/welcome-to-the-yes-but-cycle-of-rate-cuts-124081000017_1.html Clipped from: https://www.business-standard.com/opinion/columns/welcome-to-the-yes-but-cycle-of-rate-cuts-124081000017_1.html The global economy is on the cusp of a sustained easing, though not necessarily a dramatic sequence of rate cuts By Daniel
Day: August 10, 2024
👍👍👍Give robust response to Section 148A notice to avoid reassessment | Personal Finance – Business Standard
https://www.business-standard.com/finance/personal-finance/provide-robust-response-to-section-148a-notice-to-avoid-reassessment-124080901457_1.html Clipped from: https://www.business-standard.com/finance/personal-finance/provide-robust-response-to-section-148a-notice-to-avoid-reassessment-124080901457_1.html Taxpayers should, in the first place, file accurate returns annually, declaring income from all sources Listen to This Article The Income-Tax (I-T)
👍Banking laws Bill extends tenure of cooperative banks’ directors to 10 yrs | Finance News – Business Standard
https://www.business-standard.com/finance/news/banking-laws-bill-2024-extends-tenure-of-co-op-bank-directors-to-10-years-124080900641_1.html Clipped from: https://www.business-standard.com/finance/news/banking-laws-bill-2024-extends-tenure-of-co-op-bank-directors-to-10-years-124080900641_1.html Changes to banking laws have a consumer tilt; no proposal that would allow change in ownership pattern of PSBs Better protection for
Look to resolve issues with deposit growth: HDFC Bank’s Atanu Chakraborty | Company News – Business Standard
https://www.business-standard.com/companies/news/hdfc-bank-targets-personalised-experiences-to-boost-deposit-mobilisation-124080901113_1.html Clipped from: https://www.business-standard.com/companies/news/hdfc-bank-targets-personalised-experiences-to-boost-deposit-mobilisation-124080901113_1.html Says focused on creating personalised experience for customers Atanu Chakraborty, Part-time chairman, HDFC Bank India’s largest private sector lender HDFC Bank is
Rates to remain elevated for loans, bulk deposits: Bank of India MD & CEO | Interviews – Business Standard
https://www.business-standard.com/companies/interviews/interest-rates-to-remain-elevated-for-loans-and-bulk-deposits-karnatak-124080901576_1.html lipped from: https://www.business-standard.com/companies/interviews/interest-rates-to-remain-elevated-for-loans-and-bulk-deposits-karnatak-124080901576_1.html With rising cost of funds, loans rates on highly rated corporates will need a relook to protect margins, he says Rajneesh Karnatak,
RBI survey: Bankers remain upbeat on loan demand – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/bankers-remain-upbeat-on-loan-demand-rbi-survey/article68504788.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/bankers-remain-upbeat-on-loan-demand-rbi-survey/article68504788.ece Easy loan terms and conditions are expected to continue in the second half of 2023-24, except for the mining sector Notwithstanding concerns
👍MCA launches consultations with industry on new internship scheme – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/mca-launches-consultations-with-industry-on-new-internship-scheme/article68506077.ece Clipped from: https://www.thehindubusinessline.com/economy/mca-launches-consultations-with-industry-on-new-internship-scheme/article68506077.ece MCA aims to cover top 500 CSR spenders in internship scheme; Corporate India keen on expanding coverage beyond top 500 The Corporate
Banks increase MCLR rates in response to repo rate hikes, affecting loan and deposit rates – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/banks-increase-mclr-rates-in-response-to-repo-rate-hikes-affecting-loan-and-deposit-rates/article68506565.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/banks-increase-mclr-rates-in-response-to-repo-rate-hikes-affecting-loan-and-deposit-rates/article68506565.ece This comes in the wake of RBI’s rate-setting monetary policy, at its meeting on August 8, keeping the repo rate unchanged at
How Top Banks Fared This Quarter – The Hindu BusinessLine
https://www.thehindubusinessline.com/portfolio/how-top-banks-fared-this-quarter/article68505487.ece Clipped from: https://www.thehindubusinessline.com/portfolio/how-top-banks-fared-this-quarter/article68505487.ece The first quarter of FY25 was not all rosy for banks. While It was a period marked by healthy credit growth on
Travails of women who are not quite women – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/travails-of-women-who-are-not-quite-women/article68506673.ece Clipped from: https://www.thehindubusinessline.com/opinion/travails-of-women-who-are-not-quite-women/article68506673.ece It will take India decades before empathy and understanding about transgenders becomes the norm They entered the first class compartment of the
👍Berger Paints reports marginal decline in Q1 net profit to ₹354.03 crore – The Hindu BusinessLine
https://www.thehindubusinessline.com/companies/berger-paints-reports-marginal-decline-in-q1-net-profit-to-35403-crore/article68506715.ece Clipped from: https://www.thehindubusinessline.com/companies/berger-paints-reports-marginal-decline-in-q1-net-profit-to-35403-crore/article68506715.ece The company said the first quarter of this fiscal was “tough” due to elections, inclement weather and slowdown in a few key
👍👍👍Insurance-Understanding Trip Cancellation Coverage and Claim Process – The Hindu BusinessLine
https://www.thehindubusinessline.com/portfolio/personal-finance/insurance-query-understanding-trip-cancellation-coverage-and-claim-process/article68500736.ece Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/insurance-query-understanding-trip-cancellation-coverage-and-claim-process/article68500736.ece This coverage reimburses one for pre-paid, non-refundable expenses such as flights, hotels and tour packages I booked a trip a few months
👍👍👍“We are not apologetic about the decision to go for the merger,” says HDFC Bank chief – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/we-are-not-apologetic-about-the-decision-to-go-for-the-merger-says-hdfc-bank-chief/article68506749.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/we-are-not-apologetic-about-the-decision-to-go-for-the-merger-says-hdfc-bank-chief/article68506749.ece He emphasised that over the last 12 months, HDFC Bank has maintained stability in the key financial metrics, with the underlying stability
👍👍👍Bank deposit, locker holders can soon name up to 4 nominees – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/new-bill-to-amend-bank-laws-deposit-accounts-lockers-to-have-up-to-four-nominees/article68506240.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/new-bill-to-amend-bank-laws-deposit-accounts-lockers-to-have-up-to-four-nominees/article68506240.ece More number aimed at reducing unclaimed deposits with bank Soon, deposit holders or locker holders can name up to four persons as