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Taxpayers who could not submit transitional credit form Tran-1 on the GSTN portal due to technical glitches now has time till April 30 to complete the process, the finance ministry said on Wednesday.Business
Small traders to be exempt from GST registration

The facility may also be extended to micro firms that make inter-state supply.

31 July 2018 9:17 AM IST

The Reserve Bank of India (RBI) late on Monday dropped Axis Bank from a list of banks it has cleared to import gold and silver in the current financial year that began April 1.Business
Axis Bank Q1 profit slips 46 per cent to Rs 701 crore

In absolute terms, gross NPAs rose at Rs 32,662.40 crore as on June 30, 2018 compared to Rs 22,030.87 crore a year...

30 July 2018 7:18 PM IST

Bank of Baroda has appointed SBI Capital Markets, while Central Bank has engaged a couple of merchant bankers including IDBI Capital as advisors.Business
Bank of Baroda shares zoom over 10 per cent post Q1 results

Shares of the company soared 9.92 per cent to close at Rs 151.75 on the BSE.

30 July 2018 7:11 PM IST

The Reserve Bank is expected to go for a hike in key policy rates by the fourth quarter of this year.Business
Reserve Bank of India's interest rate setting panel starts 3-day meet

Experts are divided in their opinion about the likely action of Reserve Bank of India on the benchmark lending rate.

30 July 2018 6:41 PM IST

State Bank of India, SBI, had earlier reduced minimum balance requirement. (Photo: PTI)Business
Fixed term deposits in SBI to now emanate higher interests

The revised rate which comes into effect from 30th July, 2018, will be applicable on retail deposits below Rs 1 crore.

30 July 2018 2:19 PM IST

HSBC BankBusiness
HSBC appoints Surendra Rosha as India CEO

He is currently HSBC's Head of Financial Institutions Group (FIG) for Asia-Pacific.

30 July 2018 12:04 PM IST

With multiple agencies probing the alleged Rs 13,000-crore fraud at state-run Punjab National Bank, the Reserve Bank of India (RBI) says it has conducted its scrutiny and the matter is currently under examination for \enforcement action\.Business
Inflation, growth momentum suggest RBI will hit pause button: report

RBI will keep the repo rate unchanged at 6.25 per cent in its policy review meet next week says a report.

29 July 2018 11:47 AM IST

Foreign portfolio investors (FPI) have pulled out more than Rs 7,300 crore from the equity markets in August. Photo: PTIBusiness
FPIs net inflow at Rs 1,800 crore in equities in July so far

Overall, so far this year, FPIs have pulled out nearly Rs 4,600 crore in equities.

29 July 2018 11:20 AM IST

The RBI has asked Axis Banks board to re-consider the decision to re-appoint Shikha Sharma as its MD and CEO for a fourth term.Business
RBI rate decision, Q1 earnings, macro data key for markets this week

PMI data for the manufacturing and services sectors would also influence trading sentiments.

29 July 2018 11:16 AM IST

FIEO said that as much as Rs 20,000 crore is pending with the government on account of GST refund, creating liquidity crisis for exporters.Business
Import tariffs will have far-reaching implications on global growth:...

Investors have been incrementally more concerned about the impact of trade tensions on global growth.

29 July 2018 10:46 AM IST

People queue up outside a Bank of Baroda branch in Wadala to deposit Rs 500 and Rs 1,000 notes.Business
Bank of Baroda net profit up over two-times at Rs 528 crore

The bank had reported a net profit of Rs 203.39 crore in the same quarter of 2017-18.

28 July 2018 2:15 PM IST

Global ratings agency Fitch on Monday said it is doubtful about the strength of corporate governance at ICICI Bank, amid allegations of impropriety against its MD and Chief Executive Officer Chanda Kochhar.Business
ICICI Bank posts first ever loss since listing in 2001 on bad loans

Gross bad loans as a percentage of total loans was 8.81 per cent.

28 July 2018 1:52 PM IST

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