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BT Online
New Delhi, August 20, 2017
Some SBI account holders are receiving messages from the bank stating that their debit cards have been blocked permanently. The reason behind the blockade is that the bank has decided to replace Magstripe Debit Cards with EVM Chip debit cards for security reasons.
PTI
August 17, 2017
United Forum of Banking Unions (UFBU), the umbrella body of trade unions in the banking sector, has called a nation-wide strike on August 22 to protest against the reforms proposed by the Centre.
Niti Kiran
New Delhi, August 17, 2017
The month of July witnessed a total of 34 mergers and acquisitions (M&As) valued at $393 million.
BT Online
New Delhi, August 15, 2017
While his most of the speech was a kind of report card as to what initiatives and reforms he brought in the last three years, the Prime Minister also made a commitment to build a 'New India by 2022'.
BT Online
New Delhi, August 14, 2017
A black money bonhomie has come under the scanner involving builders, brokers and Bollywood entities as a multi-agency probe gets underway to pierce the corporate veil of hundreds of suspected shell companies.
PTI
New Delhi, August 13, 2017
Resolution of bad loans in the banking system is on right track and will open the door to rapid credit expansion and growth, Niti Aayog Vice Chairman Arvind Panagariya has said.
Reuters
August 11, 2017
For the merged entity, net profit was Rs 2006 crore ($312.84 million) in the three months through June, from Rs 374 crore a year earlier. Pre-merger, the bank's year-earlier profit was Rs 2521 crore.
PTI
New Delhi, August 11, 2017
It now expects the domestic currency to average 64.3 this fiscal and 65.4 in 2018-19, (as against previous estimates of 65.4 and 67.6 respectively). "Based on global/local macro and analysis of India's external vulnerability, we expect the rupee to remain range-bound (62-66) over the next few months and average 64.3 in 2017-18 and 65.4 in 2018-19," UBS said in a research note.
PTI
New Delhi, August 10, 2017
Referring to the Panama papers leak, he said "every account" in it is being investigated.
Niti Kiran
New Delhi, August 10, 2017
A decline in the value of transactions via NEFT to Rs 12,115.1 billion from Rs 12,694.2 billion in June 2017 led the fall in July.
Reuters
New Delhi, August 10, 2017
The divident paid by RBI to government stands at less than half in comparison to the previous year's levels as a ban on higher currency bills raised the central bank's expenses.
Justin Ho
New Delhi, August 10, 2017

BT Online
August 10, 2017
The National Company Law Tribunal (NCLT) on Wednesday admitted insolvency proceedings against Jaypee Infratech Ltd. The Allahabad bench of the tribunal accepted IDBI Bank's plea and classified Jaypee Infratech as insolvent.
Team BT
Delhi, Edition:August 27, 2017
Letters to the Editor Business Today Magazine
Mahesh Nayak
Delhi, Edition:August 27, 2017

Corporate Indias fragile credit health is fast becoming a cause for concern.

PTI
New Delhi, August 9, 2017
Businesses can start filing their first tax return under the new Goods and Services Tax (GST) regime as the GST Network has started the facility for return filing and paying taxes on the portal.
Anand Adhikari
Mumbai, August 7, 2017
The reduction in interest rates is prominent in the retail segment (especially in the home loan segment or small-ticket loans) because of stiff competition among the banks.
Aseem Thapliyal
August 7, 2017
You will be surprised to know nearly Rs 70,000 crore is lying unclaimed in various kind of accounts in the country. Investors have parked their money in stocks, insurance policies, provident funds and seem to have forgotten all about it. 
PTI
New Delhi, August 7, 2017
Switzerland found India's data security and confidentiality laws "adequate" for entering into an automatic exchange of information pact, which will open a continuous access to details about alleged black money hoarders in once-all-secret Swiss banks.
By Tanvi Varma
Delhi, Edition:August 27, 2017

A bigger basket of stocks across small and mid-cap segments is a boon for investors looking for well-diversified portfolios and high yields.

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