New Delhi, (IANS) : Banks will need to make registrations in each state separately under the GST law so that they are ready for the new indirect tax regime roll-out from July 1, Revenue Secretary Hasmukh Adhia said on Monday. "Banks will have to register separately in...
By Rohit Vaid, Mumbai, (IANS) : Upcoming macro-economic data points, coupled with global cues, especially the upcoming US Federal Reserve's rate-setting meet and expectations of a revision in Goods and Services Tax (GST) sub-rates will determine the trajectory of...
Mumbai, (IANS) : The State Bank of India (SBI) on Friday announced reduction in home loan interest rates by 10 basis points (bps) for salaried women who take a loan of above Rs 75 lakh, effective from June 15. "Home loans above Rs 75 lakh will now be cheaper by 10 bps...
Bengaluru, (IANS) : State-run Canara Bank on Friday signed an agreement with New India Assurance Company Ltd. to sell its general insurance products through bank branches in metros, tier-one and tier-two cities across the country. "Under the agreement, the state-run...
New Delhi, (IANS) : Reserve Bank of India (RBI) Deputy Governor Viral Acharya on Thursday said inflation data pose a challenge and the central bank is trying to come to grips with the issue, a day after the RBI maintained status quo on its key interest rate citing...
Mumbai, (IANS) : The Indian equity markets traded on a flat-to-positive note during the early-morning trade session on Tuesday, as caution prevailed ahead of the Reserve Bank of India's Monetary Policy Committee (MPC) meet. According to market observers, other factors...
By Rohit Vaid, Mumbai, (IANS) : The Reserve Bank of India's monetary policy review, along with the finalised Goods and Services Tax (GST) sub-rates and the last of quarterly results are expected to affect the movement of key stock markets during the upcoming week....
By Qadri Inzamam, New Delhi, (IANS) : In order to ward off growing cyber threats against the banking and finance sector, standardising security infrastructure is the key and deploying secure Cloud services is the first step towards that, a top State Bank of India...
Chennai, (IANS) : Two major unions -- All India Bank Employees' Association (AIBEA) and All India Bank Officers' Association (AIBOA) -- will chalk out separate agitation and strike programmes in support of early wage revision in IDBI Bank, the unions said. Employees...
Kolkata, (IANS) : Arguing in favour of workforce standardisation in the banking and financial sectors, Reserve Bank of India Deputy Governor Viral Acharya on Friday urged the banks to come up with leadership and initiative to achieve the goal. "Workforce...