The Reserve Bank of India (RBI) has proposed using the movement in equity prices as part of a larger mechanism that can serve to give
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Bankers’ prudent decisions will be protected: FM | Deccan Herald
Assuring that honest commercial decisions taken by bankers will be protected, Finance Minister Nirmala Sitharaman on Saturday said the government has decided to take measures
NBFCs need to be incentivised to become banks, says Hiranandani Group MD | Business Standard News
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
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
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
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
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
FinMin notifies norm limiting ITC to 10% in case of GST details mismatch – The Hindu BusinessLine
Tax authority given the right to restrict the use of balance in electronic credit ledger In an effort to curb the menace of fake invoices