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BusinessToday.In
New Delhi, October 15, 2019
PMC Bank crisis: Gulati, 51, was an employee of the now-defunct airline Jet Airways. When the airline shut down its operation in April, he was fired from the company; he suffered a heart attack while having food after the protest


BusinessToday.In
New Delhi, October 15, 2019
RBI has also said it is closely monitoring the developments in PMC Bank case, and will continue to take necessary steps in the interest of PMC Bank depositors


BusinessToday.In
October 9, 2019
PMC bank scam: The Mumbai police had arrested HDIL directors Rakesh Wadhawan and Sarang Wadhawan on Thursday last week in relation to the PMC Bank fraud. Singh was arrested on Saturday last week.


BusinessToday.In
New Delhi, October 4, 2019
The Economic Offences Wing (EOW) of Mumbai Police on Friday arrested the suspended managing director of Punjab and Maharashtra Cooperative (PMC) Bank Joy Thomas


BusinessToday.In
October 1, 2019
The number of free cash withdrawals at SBI ATM will now range from 2-15 and the customers are expected to maintain an average monthly balance (AMB), depending on branch categories


BusinessToday.In
New Delhi, September 29, 2019
Thomas, in the letter to the RBI, admitted that the exposure to HDIL Group was over Rs 6,500 crore, which is nearly 73 per cent of its total loan book of Rs 8,880 crore as of September 19, 2019


BusinessToday.In
New Delhi, September 28, 2019
Joy Thomas says the bank didn't report the matter to the RBI even though repayment from HDIL was irregular for the past three-four years because it held security, which was worth twice the loan amount


Manu Kaushik
September 26, 2019
But this breather is expected to be short-lived as the sector is expected to swing into action with the expected launch of next-generation 5G services next year


PTI
September 23, 2019



Anand Adhikari
New Delhi, September 18, 2019
SBI has asked the RBI if it can offer long-term home loan at a fixed rate for the first few years followed by a repo-linked floating interest rate


BusinessToday.In
September 16, 2019
The State Bank of India has revised service charges for deposits and withdrawal as well as ATM transactions that will kick in on October 1. Here's all you need to know.


PTI
New Delhi, September 15, 2019
According to sources, the oil minister has given 'unconditional' nod to Reliance and BP for taking over 10 per cent interest of Niko in KG-DWN-98/3 or KG-D6 block in the Bay of Bengal


BusinessToday.In
September 13, 2019
From the number of free ATM transactions to the charges applicable on exceeding this limit, here's a ready reckoner for SBI customers


BusinessToday.In
New Delhi, September 12, 2019
ONGC to invest Rs 13,000 crore in Assam in next five yearsState-owned Oil and Natural Gas Corporation (ONGC) will invest over Rs 13,000 crore in Assam over the next five years. The oil and gas company has signed a memorandum of understanding (MoU) with the Assam government for boosting its exploration and production activities in the state, according to a PTI report. The company will make investment for drilling more than 220 oil and gas wells across the state, it said.SBI update:...


BusinessToday.In
New Delhi, September 11, 2019
Under the revised rule, if someone does not maintain Rs 3,000 as average monthly balance and falls short by 50 per cent (that is Rs 1,500) the individual will be charged Rs 10 plus GST.


BusinessToday.In
September 2, 2019
From increased TDS outgo on purchasing immovable property and life insurance maturity proceeds, to two new areas where TDS will now be slapped on, here's a look at some changes that came into effect on Sunday


BusinessToday.In
New Delhi, September 1, 2019
Here is a 5-point explainer of new tax-related changes that have come into effect in India from September 1


BusinessToday.In
New Delhi, August 31, 2019
From Aadhaar- PAN link to KYC update and so on, here are 10 crucial finance-related things that will be effective from September 1.


PTI
August 31, 2019



PTI
August 30, 2019
The Central Board of Direct Taxes (CBDT) further said that if a person has already withdrawn Rs 1 crore or more in cash up to August 31, 2019, in the current fiscal, the two per cent TDS shall apply on all subsequent cash withdrawals


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