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PTI
New Delhi, June 26, 2017
SBI, one of the world's 50 largest banks, pays only a small fraction to its top management as compared to private sector players like ICICI Bank and HDFC Bank.
PTI
New Delhi, June 26, 2017
Stung by the revelation, the lawyer who had sought information under the transparency law has now moved the Competition Commission of India (CCI) alleging cartelisation and anti-competitive practices by the banks in respect of the locker service.
Ranjeev C Dubey
New Delhi, June 24, 2017
The judiciary remains the last bastion of hope in a polity that is fast descending into moralbankruptcy, yet we are sweeping irrefutable evidence of corruption at the highest level of the judiciary under the carpet.
Devika Singh
New Delhi, June 24, 2017
The study also says that already 70 per cent urban internet users are digitally influenced while buying a financial product, which means they use at least one digital channel during the purchase journey of a financial product.
BT Online
New Delhi, June 23, 2017
The objection over the deal comes from the fact that this deal will put Rosneft in control of the Vadinar port in Gujarat.
BT Online
June 23, 2017
The three steel firms have to repay loans worth nearly Rs 1 lakh crore to the lenders.
PTI
New Delhi, June 23, 2017
The decision was taken at a marathon meeting chaired by the SBI. While Bhushan Steel is in default of Rs 44,478 crore to banks, Essar Steel owes Rs 37,284 crore and Electrosteel Steels Rs 10,273.6 crore.
Reuters
New Delhi, June 22, 2017
Pradeep Kumar, a former vigilance chief, was named chairman of the five-member panel, which has three former bank chief executives and a leading corporate sector executive among its members.
PTI
New Delhi, June 22, 2017
So far, Maharashtra and UP have waived nearly 30-40 per cent of outstanding agri-bank credit, while for Punjab it was 15 per cent, according to the report.
BT Online
June 22, 2017
According to a report in The Economic Times, the three steel firms have to repay loans worth over Rs 1 lakh crore to the lenders.
Mail Today Bureau
Mumbai, June 22, 2017
Capital markets watchdog Sebi steps in to facilitate the restructuring of listed companies with stressed assets which will make it easier for banks to resolve the Rs 8-lakh crore bad loans crisis.
PTI
New Delhi, June 21, 2017
RBI Chief Urjit Patel, during the MPC meeting held on June 6-7, also underlined the need for resolution of stressed assets of banks and timely recapitalisation of public sector lenders.
PTI
New Delhi, June 21, 2017
Banks and post offices will, however, have to explain for not depositing the withdrawn notes with the previously specified time period, that is, December 31.
PTI
New Delhi, June 21, 2017
Customers currently pay 15 per cent service tax for such services. Starting from July 1, 2017 the GST will replace all indirect taxes like service tax and VAT. Financial services and telecom have been put in the 18 per cent GST slab.
Reuters
New Delhi, June 21, 2017
Cooperative banks have also been allowed to exchange old currency notes with the RBI, if they had collected these notes by November 14, the statement said.
PTI
June 21, 2017
Punjab Finance Minister Manpreet Singh Badal today blamed commercial banks for "unethical" loaning to farmers which made growers "debt ridden".
BT Online
New Delhi, June 20, 2017
Paytm has received payment banks licence from the Reserve Bank of India (RBI) in 2015.
Renu Yadav
New Delhi, June 20, 2017
The tax filing season is about to start. For salaried class, tax is deducted at source (TDS) by the employer and is deposited to the tax department.
PTI
New Delhi, June 20, 2017
"There is no such proposal. We have got FRBM Act and fiscal deficit target, we intend adhering to it," Finance Minister Arun Jaitley said in New Delhi.
BT Online
June 20, 2017
Punjab has announced crop loan waiver of up to Rs 2 lakh for farmers who own less than five acre of agricultural land and a flat relief of Rs 2 lakh for all other marginal farmers, irrespective of the loan amount.
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