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Reserve Bank of India

RBI asks large borrowers to obtain unique code from banks

The RBI said borrowers with fund and non-fund exposure of Rs 1,000 crore and above will have to get unique code by March...

2 Nov 2017 8:39 PM IST

GSTN Chairman Ajay Bhushan Pandey on Thursday pointed to robustness of the GSTN system and said 30 lakh returns had been filed so far.

CAIT demands CBI inquiry against Infosys for GSTN glitches

Infosys in 2015 won a Rs 1,380-crore deal for developing and running Goods and Services Tax's backend, called...

2 Nov 2017 8:22 PM IST

India ranked 130 out of 190 countries on the World Banks ease of doing business list. (Representational Image)

India scores 'perfect 10' in protecting shareholders' rights

India has scored 8 each on corporate transparency, disclosure and ownership and control parameters.

2 Nov 2017 7:41 PM IST

Finance Minister Arun Jaitley. (Photo: PTI)

More global entities, banks need to join hands with ISA: Jaitley

Jaitley said ISA needs to firm-up such financial partnership deals with more multilateral and bilateral donor agencies.

2 Nov 2017 5:48 PM IST

The income tax department has already made aadhaar mandatory for filing returns

No visiting telcos to link Aadhaar-SIM! Govt working on app for e-KYC

The Department of Telecom and telecom operators are working on a process of SMS/IVRS and app-based verification.

2 Nov 2017 4:09 PM IST

CBDT said income from transfer of unlisted shares would not be taxed in the case of certain categories of Alternative Investment Funds registered with markets regulator Sebi.

CBDT signs 7 more unilateral APAs with taxpayers

In 2017-18, a total of 32 APAs (2 bilateral and 30 unilateral) have been signed till date.

2 Nov 2017 3:16 PM IST

State Bank of India or SBI is largest public sector bank in India. (Photo: Representational/PTI)

SBI cuts lending rates! Take a look at the cheapest car, house loans

In its first cut in 10 months, SBI is offering one-year loans at an interest rate of 7.95 per cent.

2 Nov 2017 1:12 PM IST

Arun Jaitley addresses the media in New Delhi on Tuesday

Jaitley-led panel may direct banks to examine merger proposal

Alternative Mechanism would devise its own procedure for appraisal of amalgamation proposals by banks.

2 Nov 2017 8:59 AM IST

RBI has included HDFC in its list of too big to fail banks.

Domestic banks' overseas presence up marginally in FY17: RBI

Domestic banks' branches operating abroad saw rise in fee income to Rs 9,400 cr in 2016-17 from Rs 8,680 cr.

2 Nov 2017 8:36 AM IST

GSTN Chairman Ajay Bhushan Pandey on Thursday pointed to robustness of the GSTN system and said 30 lakh returns had been filed so far.

GSTN launches offline utility for GSTR-2

This will be helpful in comparing this data with purchase register to take actions like accept, reject and modify.

1 Nov 2017 8:27 PM IST

Prime Minister Narendra Modi will inaugurate the Make In India event in Mumbai. (Photo: Twitter)

Ease of doing biz: Govt to implement 200 reforms to push India into...

India on Tuesday jumped 30 places to rank 100th in the World Bank's 'ease of doing business' ranking.

1 Nov 2017 7:37 PM IST

Finance Minister Arun Jaitley

India sets up Arun Jaitley-led panel to oversee state banks' merger

Piyush Goyal, the minister for coal and railways, and Defence Minister Nirmala Sitharaman will also be in the panel.

1 Nov 2017 7:06 PM IST