Search For "commercial banks"
FM Sitharaman asks banks to roll out loan resolution schemes by mid-Septem
Updated : 5 years, 6 months ago IST
New Delhi [India], September 3 (ANI): Finance Minister Nirmala Sitharaman on Thursday asked bankers to roll out loan resolution schemes by September 15 and COVID-19 related distress must not impact their assessment of borrowers' creditworthiness.
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COVID-19: Sitharaman to review implementation of resolution framework for
Updated : 5 years, 6 months ago IST
New Delhi [India], September 3 (ANI): Union Finance Minister Nirmala Sitharaman on Thursday will review the implementation of the resolution framework for COVID-19 related stress in bank loans with the top management of Scheduled Commercial Banks and NBFCs.
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CBDT provides ITR filing compliance check functionality for scheduled comm
Updated : 5 years, 6 months ago IST
New Delhi [India], September 2 (ANI): The Central Board of Direct Taxes (CBDT) has issued an order for furnishing information about Income Tax (IT) return filing status to scheduled commercial banks.
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Sitharaman to review implementation of resolution framework for COVID-rela
Updated : 5 years, 6 months ago IST
New Delhi [India], Aug 30 (ANI): The Union Minister for Finance and Corporate Affairs Nirmala Sitharaman will review the implementation of the resolution framework for COVID-19 related stress in bank loans with the top management of Scheduled Commercial Banks and Non-Banking Financial Com
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Kanimozhi writes to Sitharaman to consider waving interest on loans taken
Updated : 5 years, 8 months ago IST
New Delhi [India], June 25 (ANI): DMK MP Kanimozhi Karunanidhi wrote to Union Finance Minister over the COVID-19 Regulatory Package by the Reserve Bank of India (RBI), requesting her to consider waiving the interest amount on loans taken by women self-help groups (SHGs) for moratorium per
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ADB to provide $200 million to support strained supply chains in fight aga
Updated : 6 years ago IST
Manila [Phillippines], Mar 12 (ANI): The Asian Development Bank (ADB) said on Thursday it will make available 200 million dollars for companies manufacturing and distributing medicines and other items needed to combat the novel coronavirus (COVID-19).
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RBI keeps repo rate unchanged, revises GDP growth projection to 5 pc from
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], Dec 5 (ANI): The Reserve Bank of India (RBI) on Thursday kept the repo rate unchanged at the current 5.15 per cent level but revised gross domestic product (GDP) growth projection to 5 per cent from 6.1 per cent for the current financial year 2019-20.
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Social media rumours of banks shutting down false: RBI
Updated : 6 years, 5 months ago IST
New Delhi [India], Sept 25 (ANI): The government and Reserve Bank of India (RBI) denied reports on Wednesday that the regulator is closing down at least nine commercial banks soon.
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RBI denies commercial banks will remain closed on every Saturday
Updated : 6 years, 11 months ago IST
New Delhi [India], Apr 20 (ANI): The Reserve Bank of India (RBI) has clarified that it has not given any instructions regarding five-day week in commercial banks.
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Commercial, cooperative banks to be treated 'at par', asserts Jaitley
Updated : 8 years, 2 months ago IST
New Delhi [India], Dec 29 (ANI): Union Finance Minister Arun Jaitley on Friday said no income tax exemption would be provided to profit-making cooperative banks, adding that they should be treated at par with commercial banks, owing to their method of functioning.
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Future Generali India Insurance ties up with UCO Bank
Updated : 8 years, 6 months ago IST
New Delhi [India], Mar 15 (ANI): Future Generali India Insurance Company Limited (FGII), a joint venture between Future Group - the game changers in Retail Trade in India and Generali - a 186 years old global insurance group, has entered into a corporate agency tie-up for its products with U
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RBI releases 'Quarterly Statistics on Deposits, Credit of Scheduled C
Updated : 8 years, 6 months ago IST
New Delhi [India], Mar 1 (ANI): The Reserve Bank of India (RBI) on Wednesday released its quarterly statistics on Deposits and Credit of Scheduled Commercial Banks (SCBs) as on December 31, 2016.
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