Indian Banking Industry News, Banking Industry, Banking Analysis, Banking Sector, Banking Companies in India
No PAN in big deals? Taxman is on your trail

The high-value transaction trails were detected following the department's drive to bring to book maximum amount of black money during the one-time compliance window, closing on September 30.

 
 
The Reserve Bank of India will shortly start monitoring banks on issues relating to customer rights in five broad areas, a senior official said on Thursday.
Reeling under red balance sheet, public sector banks have been given small but much needed breather.
ICICI Academy aims to train one lakh youth in the country by 2017 as part of its skill development programme and financial inclusion drive.
The United Forum of Bank Unions (UFBU) consisting of nine trade unions across the country representing 10 lakh bank employees and officers would observe the strike.
A section of public sector bank employees today deferred its proposed two-day nationwide strike from tomorrow following a retrain order from the Delhi High Court.
 
 
Syndicate Bank on Friday said it has raised Rs 930 crore by issuing Basel III compliant bonds.
The private sector lender had made a net profit (standalone) of Rs 525.04 crore in the corresponding April-June quarter of 2015-16 fiscal.
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