Recapitalisation of Public Sector Banks

Government announced Indradhanush plan for revamping Public Sector Banks (PSBs) in August 2015. The plan envisaged, inter alia, infusion Read More

RBI denies Rumors on Closing down of Public Sector Banks

The Reserve Bank of India (RBI) today clarified that there was no question of closure of any public sector bank.

Earlier, Read More

Banks demand Increase in TDS limit for Bank interest from current Rs.10,000

Press Information Bureau Government of India Ministry of Finance 15-December-2017 20:34 IST

The Union Minister of Finance and Corporate Affairs, Shri Arun Jaitley holds Read More

Govt extends Due Date for Linking Aadhaar-PAN with Bank Accounts

The Central Government has extended the due date for linking of PAN-Aadhaar with the Bank accounts till March 31st 2018.

The Read More

Banks, insurance companies under lens for inflated tax credits

The government is keeping a watch on some banks, insurance companies and technology and telecom firms after it announced that Read More

Bank depositors’ interests will be protected, assures PM

NEW DELHI: Prime Minister Narendra Modi did not mince words when he addressed industry captains at the 90th Annual General Read More

IBBI notifies Regulations for handling of Grievances and Complaints

The Insolvency and Bankruptcy Board of India (IBBI) has notified the IBBI (Grievance and Complaint Handling Procedure) Regulations, 2017 in Read More

RBI warns of fiscal slippage, inflation

Sounding a note of caution, the Reserve Bank today said reduction in GST rates, partial roll- back of duties on Read More

RBI delivers as expected, status quo in the near future

The tone of RBI’s monetary policy statement in itself seems to suggest prolonged pause on interest rates even as inflation Read More