Indian economy to rebound to trend growth of 7.5% by FY20: World Bank
New Delhi : The Indian economy is set to revert to its trend growth rate of 7.5 per cent by...
Business
PNB discloses Rs 942 cr additional exposure to Gitanjali group
New Delhi : The Punjab National Bank (PNB) has filed a fresh complaint to the CBI alleging it has uncovered...
PNB fraud fallout: RBI scraps Letters of Undertaking system
Mumbai : The Reserve Bank of India (RBI) on Tuesday discontinued the system of issuing Letters of Undertaking (LoUs) by...
HDFC Bank bans clients from buying cryptocurrencies via its credit, debit cards
New Delhi : HDFC Bank has disallowed its customers from buying Bitcoins, cryptocurrencies and virtual currencies through the bank's credit,...
RBI had cautioned banks multiple times on SWIFT misuse: Government
New Delhi : The RBI had issued two circulars in 2016 to banks on strengthening the Society for Worldwide Interbank...
SBI slashes charges on minimum balance in accounts
New Delhi : Country's largest lender State Bank of India (SBI) has substantially reduced charges for non-maintenance of average monthly...
GST Council extends tax exemptions for exporters
New Delhi : The Goods and Services Tax (GST) Council on Saturday extended the tax exemptions available to exporters on...
PSBs told to obtain passport details of borrowers over Rs 50 crore
New Delhi : Following the multi-crore Punjab National Bank (PNB) fraud, public sector banks have been asked to obtain passport...
Nationwide rollout of inter-state e-Way Bill from April 1: Jaitley
New Delhi : The Goods and Services Tax (GST) Council on Saturday finalised April 1, 2018 for the nationwide mandatory...
Banks’ gross bad loans in December stood at Rs 8.41 lakh cr
New Delhi : The gross non-performing assets (NPAs), or bad loans, in the Indian banking system amounted to Rs 8,40,958...
