Search Results for: Banking Regulation Act

Income tax department extends deadline for obtaining PAN to June 30

Bank account holders have to compulsorily submit either PAN or Form 60 to their respective banks, under income tax rules.

Apr 7, 2017

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SBI bad loans balloon, post-merger provisioning likely to spike

SBI's five associate banks reported a 172.8 percent increase in gross NPAs at Rs 55,164 crore in the December 2016 quarter.

Apr 7, 2017

rbi, rbi repo rate, rbi governor urjit patel, urjit patel on farm loan waiver, up govt waives farm loans, agrarian crisis in india, modi govt

India must wave goodbye to loan waivers: RBI Governor Urjit Patel

Two days after the BJP govt of UP waived farm loans to the tune of Rs 36,000 crore, Patel said farm loan waiver undermines honest credit culture, impacts credit discipline.

Apr 6, 2017

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India's growth to bounce back to 7.4% in 2017-18: Asian Development Bank

The country's economy will grow at a higher clip despite drag caused by excessive corporate investment in the past and banking woes.

Apr 6, 2017

digital payments, online shopping, digital india, payu india, lazypay

PayU India launches online deferral payment facility 'LazyPay'

It is a product aimed at those who transact digitally for any amount between Rs 500 and 2,500, with an option to pay later.

Apr 6, 2017

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Financial institutions risk 24 percent revenue loss from fintech: PwC

In banking specifically, consumer services such as personal loans, were seen as most at risk, according to PwC's annual Global FinTech Report.

Apr 6, 2017

Angootha chaap gets a boost: PM Modi to launch Aadhaar Pay

After Bharat Interface for Money (BHIM), Aadhaar Pay now aims at making banking transactions even more easier and accessible with just the help of one's thumb impression.

Apr 5, 2017

Acche Din for farmers in Yogi Adityanath's UP, but in Tamil Nadu, lack of leadership is hurting the community

UP CM Yogi Adityanath waived farm loans worth Rs 36,000 crore in his very first Cabinet meeting. Meanwhile, hapless farmers from Tamil Nadu continue to protest in New Delhi seeking relief. Is a lack of state leadership failing them?

Apr 5, 2017

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Mahesh Kumar Jain appointed as Managing Director & CEO of IDBI Bank

Earlier, he was the Managing Director & Chief Executive Officer of Indian Bank.

Apr 4, 2017

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Weekly cash withdrawals fall sharply in the past three months

The RBI had completely removed limits imposed on cash withdrawals, with effect from March 13, 2017.

Apr 3, 2017

amitabh kant, niti aayog ceo amitabh kant, digital india, indian economy, cashless transactions

ATMs, credit, debit cards poised to disappear: Niti Aayog CEO Amitabh Kant

Amitabh Kant was speaking at an event organised by the PHD Chamber of Commerce and Industry (PHDCCI) in New Delhi on Friday.

Apr 1, 2017

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Why associate bank employees are unhappy as five banks merge with SBI

The biggest grievance is the provident fund (PF) benefit which is being extended to these employees is with effect from April 1, 2017, and not their dates of joining.

Mar 31, 2017

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Kotak Mahindra Bank unveils digital banking initiative '811'

"811" offers a zero balance savings account with zero charges for all digital transactions.

Mar 31, 2017

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Nomura elevates Prabhat Awasthi as India head

Vikas Sharma, current Head of India, has been elevated to Head of Asia ex-Japan.

Mar 30, 2017

Donald Trump signs executive order to roll back Barack Obama's climate change policies

The executive order directs the EPA to begin a formal "review" to roll back Obama's Clean Power Plan, under which states were mandated to reduce carbon emissions from power plants.

Mar 29, 2017

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Search Results for: Banking Regulation Act

Income tax department extends deadline for obtaining PAN to June 30

SBI bad loans balloon, post-merger provisioning likely to spike

India must wave goodbye to loan waivers: RBI Governor Urjit Patel

India's growth to bounce back to 7.4% in 2017-18: Asian Development Bank

PayU India launches online deferral payment facility 'LazyPay'

Financial institutions risk 24 percent revenue loss from fintech: PwC

Angootha chaap gets a boost: PM Modi to launch Aadhaar Pay

Acche Din for farmers in Yogi Adityanath's UP, but in Tamil Nadu, lack of leadership is hurting the community

Mahesh Kumar Jain appointed as Managing Director & CEO of IDBI Bank

Weekly cash withdrawals fall sharply in the past three months

ATMs, credit, debit cards poised to disappear: Niti Aayog CEO Amitabh Kant

Why associate bank employees are unhappy as five banks merge with SBI

Kotak Mahindra Bank unveils digital banking initiative '811'

Nomura elevates Prabhat Awasthi as India head

Donald Trump signs executive order to roll back Barack Obama's climate change policies

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]