PUNJAB STATE COOPERATIVE BANK
RBI bars PMC Bank from doing business for 6 months
The Reserve Bank of India (RBI) has barred the Punjab & Maharashtra Cooperative Bank Ltd (...
A chunk of PMC’s loans under probe linked to HDIL promoters, states FIR
NEARLY HALF of Rs 4,635 cr loans likely to have been transferred to R...
Share market update: PSU bank shares fall; Canara Bank dips 2%
The Nifty PSU Bank index was trading 0.82 per cent down at 2511.8.
Share market update: Bank shares mixed; Yes Bank, PNB among top gainers
The Nifty Bank index was trading 0.07 per cent down at 32,258.9.
Share market update: Bank shares gain; Yes Bank jumps 6%
The Nifty Bank index was trading 0.39 per cent up at 32366.95 .
Panel of officers on GST for raising rate, curtailing exemption list to increase revenue
The committee of officers from the Centre and states, formed to review the goods and services tax (GST), has also recommended selective taxation on education and health, sources said. The committee, which made presentation before the GST Council on December 18, also suggested pruning of exempt list for raising resources.
Higher road tax in 9 states pushes up cost of cars
Cars’ on-road price increases from Rs 5k for low-end models to Rs 57k for high end ones.
RBI allows PMC Bank customers to withdraw up to Rs 10,000
Expects move will let more than 60% of depositors take out their entire balance.
PMC Bank scam: Director claims she is a victim too
Dr Parmeet Sodhi claimed that she “recently deposited” Rs 10 lakh in the bank.
Share market update: Bank shares slip; Yes Bank down 3%
The Nifty Bank index was trading 0.35 per cent down at 32130.3.
PMC Bank scam: Wadhawan father-son duo get judicial custody
The ED produced Housing Development Infrastructure Ltd's chairman and managing director Rakesh and his son before special Prevention of Money Laundering Act (PMLA) court judge P Rajvaidya, after their remand ended.
Some states pitch for relaxation in fiscal deficit target to 4% to boost consumption
The finance minister in her July Budget reduced the fiscal deficit target to 3.3 per cent from an earlier 3.4 per cent for 2019-20. Keeping in mind its fiscal deficit target, the government has stayed with the borrowing plan for the fiscal as announced in the budget despite a sharp cut in corporate tax rate that is expected to cost Rs 1.45 lakh crore.
Share market update: Bank shares slip; Bank of Baroda dips 2%
The Nifty Bank index was trading 0.10 per cent down at 32108.95 .
India, Germany ink pact for Rs 1,958 crore finance to develop energy-efficient housing programme
The financial cooperation pact has been signed in October between the Government of India and the Government of Germany.
Ex-MD reveals how six officials pulled off Rs 6,500 crore fraud at PMC Bank
It took 6 officials, 21,049 dummy accounts and over 10 years of misreporting to hide the fraud, Thomas revealed.
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