SBI Chairman on effects of  recent rate hike on credit and deposits [1] Another 50 bps soon [2] Opines — weakening credit cycle and moderation in the credit demand are two different things [3] Opines further ” we r entering the rate hike cycle with a robust growth rate ” [4] Advises  banks ” What is important is in terms of your service quality and what is the value proposition you give to a customer in terms of maintaining the account — News Courtesy BusinessLine

Telangana HC Full Bench Upholds Portal-Authenticated GST Notices and Orders Without Digital/Physical Signatures

Read more at: https://taxguru.in/goods-and-service-tax/telangana-hc-full-bench-upholds-portal-authenticated-gst-notices-orders-without-digital-physical-signatures.html Copyright © Taxguru.in https://taxguru.in/goods-and-service-tax/telangana-hc-full-bench-upholds-portal-authenticated-gst-notices-orders-without-digital-physical-signatures.html?utm_source=follow.it Summary: The Telangana High Court Full Bench, in Gudla Vanaja and Ors. v. Assistant Commissioner (ST), Saroor

*****Central Bank of India clarifies all accounts are safe after reports of 187 unauthorised transactions worth Rs 13.97 crore

Read more at:https://economictimes.indiatimes.com/wealth/save/central-bank-of-india-clarifies-all-accounts-are-safe-after-reports-of-187-unauthorised-transactions-worth-rs-13-97-crore/articleshow/135206556.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Central Bank of India has clarified that no customer accounts were affected by the unauthorised RTGS transactions reported in the media. The

*****SBI’s Setty sees 50 bps more rate hikes, says retail loan quality unlikely to suffer

Read more at:https://economictimes.indiatimes.com/industry/banking/finance/banking/sbis-setty-sees-50-bps-more-rate-hikes-says-retail-loan-quality-unlikely-to-suffer/articleshow/135209277.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst https://economictimes.indiatimes.com/industry/banking/finance/banking/sbis-setty-sees-50-bps-more-rate-hikes-says-retail-loan-quality-unlikely-to-suffer/articleshow/135209277.cms State Bank of India chairman CS Setty noted that upcoming rate hikes could affect discretionary consumption demand. He highlighted that retail

*******Don’t bank on RBI alone: The investor protection gap in India’s banking system

Read more at:https://economictimes.indiatimes.com/opinion/et-commentary/dont-bank-on-rbi-alone-the-investor-protection-gap-in-indias-banking-system/articleshow/135195341.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst RBI tightly regulates commercial banks and mandates their listing to improve transparency. But while it prioritises depositors’ interests over those of investors,

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