Tag archive for ‘Rs’
By Loknath Das On Wednesday, January 17th, 2018
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PSU Banks Face 1,463 NPA Accounts Of Rs. 100 Crore Each

Gross NPAs of state-owned banks stood at Rs. 7.34 lakh crore by the end of second quarter     HIGHLIGHTS In SBI, 265 accounts have bad loans of more than Rs. 100 crore each PNB has 143 NPA accounts More...

By Loknath Das On Wednesday, January 17th, 2018
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Organised Gold Loan Industry To Touch Rs. 3.1 Lakh Crore By Fiscal 2020, Says Report

Since gold loans are securitised, lenders can recoup the full principal amount if the borrower defaults New Delhi: India’s organised gold loan industry could touch Rs. 3.1 lakh crore by 2019-20 as the More...

By Loknath Das On Saturday, January 13th, 2018
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Benami Property: Taxman Attaches Properties Worth Rs. 3,500 Crore

The amount includes immovable properties of over Rs. 2,900 crore, the taxman said (Representational image) Stepping up its action against Benami transactions, the Income Tax Department has attached properties More...

By Loknath Das On Saturday, January 13th, 2018
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Income Department (I-T) Seizes Rs. 85 Crore Cash, Bullion In Anti-Black Money Drive

Assets worth more than Rs. 61 crore were seized by the department over the week New Delhi: A total of Rs. 85.2 crore in cash, bullion and jewelley have been seized by the Income Tax Department after it searched More...

By Loknath Das On Tuesday, January 9th, 2018
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1,463 bad loan accounts owe public sector banks Rs 100 crore or more

As many as 1,463 entities account for bad loans of Rs 100 crore or more in 21 public sector banks (PSBs), finance ministry data shows. In State Bank of India (SBI) alone, 265 accounts had bad loans of more than More...

By Loknath Das On Thursday, October 26th, 2017
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Rs 2.11-lakh cr bank recap may make fiscal deficit target hard to achieve: Fitch

The massive Rs 2.11 lakh crore capital infusion in public sector banks may make the 3.2% fiscal deficit target for 2017-18 difficult to achieve if two-thirds of the planned recapitalisation bonds are issued by More...

By Loknath Das On Sunday, October 22nd, 2017
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Bajaj Holdings Q2 Consolidated Profit Rises 19% To Rs. 834 Crore

New Delhi: Bajaj Holdings and Investment Ltd (BHIL) Tuesday reported a 19 per cent rise in its consolidated profit after tax (PAT) at Rs. 834 crore for the September quarter of the current fiscal. The company’s More...

By Loknath Das On Saturday, October 7th, 2017
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Petrol price cut by Rs 2.5 per litre, diesel by Rs 2.25

Petrol price was on Wednesday cut by Rs 2.5 per litre and diesel by Rs 2.25 following thereduction in excise duty on auto fuels. Petrol in Delhi now costs Rs 68.38 a litre, down from Rs 70.88. A litre of diesel More...

By Loknath Das On Wednesday, October 4th, 2017
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RBI to print new Rs 100 currency notes?

The Reserve Bank of India (RBI) is reportedly going to start printing new Rs 100 notes in April next year, as part of its plan to redesign and upgrade the ones in circulation. The existing notes, which will remain More...

By Loknath Das On Wednesday, October 4th, 2017
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RBI to start printing new Rs 100 currency notes from April 2018

The Reserve Bank of India (RBI) is planning to start printing fresh Rs 100 currency notes around April 2018, according to a report by Mint. Printing of the redesigned notes will begin after printing presses More...