Govt extends validity of lower withholding tax orders by 3 months till June

Order also prescribes a 10 per cent withholding tax rate on payments to Non-Residents having Permanent Establishment in India

RBI likely to cut interest rates by 100 bps in FY21: Fitch Solutions

Fitch Solutions said consumer price inflation returning back to the RBI's 2-4 per cent target range will permit further monetary easing

The investment announcement comes at a critical time for India, as economic growth is feared to be taking a heavy hit due to coronavirus

People's Bank of China said it launched a 50-billion-yuan reverse repurchase operation and lowered seven-day reverse repurchase rate

Monetary Authority of Singapore was supposed to issue its next policy statement in April but brought it forward due to covid 19 impact

Amalgamation will create an employee base of 75,000, of which 37,000 are from Andhra Bank and Corporation Bank put together

The government on March 4 had notified the amalgamation schemes for 10 state owned banks into four as part of its consolidation plan

The bank's board of directors approved raising of funds for an additional amount aggregating up to Rs 5,000 crore in one or more tranches

RBI Governor Shaktikanta Das predicted a big global recession and said India will not be immune

In India, credit flow to the economy already remains severely hampered: Moody's