https://www.business-standard.com/finance/news/banks-lcr-declines-to-130-from-135-between-september-march-rbi-124062700925_1.html Clipped from: https://www.business-standard.com/finance/news/banks-lcr-declines-to-130-from-135-between-september-march-rbi-124062700925_1.html The report said that banks’ efficiency indicators weakened due to rising staff costs and an increased cost-to-income ratio Photo: Bloomberg Listen to
HDFC Bank imposes fee on credit card rent payments via CRED, Paytm, others | Personal Finance – Business Standard
https://www.business-standard.com/finance/personal-finance/hdfc-bank-imposes-fee-on-credit-card-rent-payments-via-cred-paytm-others-124062700933_1.html lipped from: https://www.business-standard.com/finance/personal-finance/hdfc-bank-imposes-fee-on-credit-card-rent-payments-via-cred-paytm-others-124062700933_1.html Earlier this year, ICICI Bank and SBI Cards stopped offering reward points for rent payments on several credit cards Listen to This
Health insurance application declined? Here’s what you need to know | Personal Finance – Business Standard
https://www.business-standard.com/finance/personal-finance/health-insurance-application-declined-here-s-what-you-need-to-know-124062700466_1.html Clipped from: https://www.business-standard.com/finance/personal-finance/health-insurance-application-declined-here-s-what-you-need-to-know-124062700466_1.html The insurance companies take a decision to provide coverage based on the risk assessment of an individual’s medical condition Notwithstanding the growth
Banks’ gross NPA ratio falls below 3%, a first since 2012: RBI report | Finance News – Business Standard
https://www.business-standard.com/finance/news/banks-gross-npa-ratio-falls-below-3-a-first-since-2012-rbi-report-124062700950_1.html Clipped from: https://www.business-standard.com/finance/news/banks-gross-npa-ratio-falls-below-3-a-first-since-2012-rbi-report-124062700950_1.html To meet min capital requirement even under severe stress Illustration: Binay Sinha Listen to This Article Asset quality of commercial banks continued
RBI’s action against regulated entities rises even as amounts fall | Finance News – Business Standard
https://www.business-standard.com/finance/news/rbi-s-action-against-regulated-entities-rise-even-as-amounts-fall-124062700932_1.html Clipped from: https://www.business-standard.com/finance/news/rbi-s-action-against-regulated-entities-rise-even-as-amounts-fall-124062700932_1.html According to Financial Stability Report, the enforcement action by the banking regulator increased to 161 entities in December 2023 – May 2024
MSME ministry targets onboarding 500,000 micro, small enterprises on ONDC | Economy & Policy News – Business Standard
https://www.business-standard.com/economy/news/msme-ministry-targets-onboarding-500k-micro-and-small-enterprises-on-ondc-124062701056_1.html Clipped from: https://www.business-standard.com/economy/news/msme-ministry-targets-onboarding-500k-micro-and-small-enterprises-on-ondc-124062701056_1.html Addressing an event on International MSME Day, Manjhi said MSMEs will be a key force in the movement towards Atmanirbhar and Viksit
Article suggests there is scope for India to improve Medical Tourism Index– which is 10th at present
Big blow for insurance companies! IRDAI cracks down on insurers’ misleading ad practices – Money News | The Financial Express
https://www.financialexpress.com/money/big-blow-for-insurance-companies-irdai-cracks-down-on-insurers-misleading-ad-practices-3532139/ Clipped from: https://www.financialexpress.com/money/big-blow-for-insurance-companies-irdai-cracks-down-on-insurers-misleading-ad-practices-3532139/ According to IRDAI, insurers need to ensure that all grievances are resolved within specific timelines and a written acknowledgment of a grievance
Book Review | One for free trade – Lifestyle News | The Financial Express
https://www.financialexpress.com/life/lifestyle-book-review-one-for-free-trade-3532056/ Clipped from: https://www.financialexpress.com/life/lifestyle-book-review-one-for-free-trade-3532056/ An essential manual that can serve as a guiding force for trade policy. The book focuses primarily on the subject of free
Tax rates changed for goods & services – Check what gets cheaper and costlier – Budget 2024 News | The Financial Express
https://www.financialexpress.com/budget/gst-council-meet-tax-rates-changed-for-goods-amp-services-check-what-gets-cheaper-and-costlier-3532162/ Clipped from: https://www.financialexpress.com/budget/gst-council-meet-tax-rates-changed-for-goods-amp-services-check-what-gets-cheaper-and-costlier-3532162/ The Council has exempted the purchase of railway tickets and payments for waiting room and cloak room charges from GST. The Council
Prioritise reforms in GST rates, procedures – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/editorial/prioritise-reforms-in-gst-rates-procedures/article68316462.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/prioritise-reforms-in-gst-rates-procedures/article68316462.ece Bring alcohol and fuel into GST ambit; shun punitive approach to mopping up taxes Nearly seven years after its inception, there can
Ahead of Budget, MSME representatives submit suggestions to Sitharaman – The Hindu BusinessLine
https://www.thehindubusinessline.com/companies/msme/ahead-of-budget-msme-representatives-submit-suggestions-to-sitharaman/article68319703.ece Clipped from: https://www.thehindubusinessline.com/companies/msme/ahead-of-budget-msme-representatives-submit-suggestions-to-sitharaman/article68319703.ece The full Budget 2024-25, is expected to be presented in Parliament, next month Representatives of the MSME industry on Friday, made a host of
IBBI issues draft format for progress report during liquidation process – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/ibbi-issues-draft-format-for-progress-report-during-liquidation-process/article68320203.ece Clipped from: https://www.thehindubusinessline.com/economy/ibbi-issues-draft-format-for-progress-report-during-liquidation-process/article68320203.ece Format to be beneficial for both Insolvency Professionals and NCLT; Public comments to be submitted electronically by July 12 Insolvency and Bankruptcy
Centre anticipates Rs 70k crore GST cess surplus from ‘sin’ goods | Economy & Policy News – Business Standard
https://www.business-standard.com/economy/news/centre-anticipates-rs-70k-crore-gst-cess-surplus-from-sin-goods-124062200482_1.html Clipped from: https://www.business-standard.com/economy/news/centre-anticipates-rs-70k-crore-gst-cess-surplus-from-sin-goods-124062200482_1.html The surprise surplus is attributed to impressive revenue generation from taxes on the so called “sin” goods like pan masala, cigarettes To
GST Council waives interest, penalty on tax demands between FY18 and FY20 | Economy & Policy News – Business Standard
https://www.business-standard.com/economy/news/gst-council-waives-interest-penalty-on-past-tax-demands-to-ease-compliance-124062200669_1.html Clipped from: https://www.business-standard.com/economy/news/gst-council-waives-interest-penalty-on-past-tax-demands-to-ease-compliance-124062200669_1.html Reconstituted rate rejig state panel; asked to give status report in subsequent meet post Budget Union Finance Minister Nirmala Sitharaman chairs the