Tag archive for ‘Says’
By Loknath Das On Saturday, September 23rd, 2017
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8,000 Returns Uploaded Every Hour On GST Portal, Says Chairman

New Delhi: Businesses have flocked to the GST Network portal on the last day of filing initial returns for August with over 80,000 GSTR-3B being uploaded every hour, its Chairman Ajay Bhushan Pandey said today. Businesses More...

By Loknath Das On Tuesday, September 19th, 2017
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Fines From Minimum Balance Defaults To Amount Rs. 2,000 Crore, Says SBI

New Delhi: State Bank of India (SBI) expects to collect Rs. 2,000 crore as penalty on savings bank accounts which have failed to maintain a minimum balance, a sum which may be used to partly cover the costs incurred More...

By Loknath Das On Monday, September 11th, 2017
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Only 5 Free ATM Transactions From October, Punjab National Bank Says

New Delhi: PNB customers will have to shell out money beginning October if they carry out more than five transactions a month from the bank’s ATMs. At present, account holders of the country’s second More...

By Loknath Das On Monday, September 11th, 2017
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RBI Says No Machines Being Used In Its Offices For Counting Scrapped Notes

New Delhi: The Reserve Bank of India (RBI) has said counting machines are “not being used” for tallying the total number of demonetised notes of Rs. 500 and Rs. 1,000 in any of its offices, according More...

By Loknath Das On Sunday, September 3rd, 2017
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99% Of Banned 1000, 500 Rupee Notes Returned, Says RBI

The Reserve Bank of India (RBI) in its annual report released today revealed that about 99 per cent of the banned 500- and 1,000-rupee currency notes returned. According to RBI estimates, a total of Rs. 15.28 lakh More...

By Loknath Das On Sunday, September 3rd, 2017
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Arun Jaitley says fewer GST slabs possible in the future

Finance minister Arun Jaitley on Thursday indicated that the number of tax slabs under the goods and services tax (GST) regime could be reduced once the new indirect tax system that was launched on 1 July settles More...

By Loknath Das On Thursday, August 31st, 2017
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Outlook For Indian Banking System Stable, Says Moody’s

Mumbai: Global rating agency Moody’s today gave a stable outlook to the country’s banking system due to the ongoing progress on asset quality front and on better operating environment. The rating agency More...

By Loknath Das On Wednesday, August 30th, 2017
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99% Of Banned 1000, 500 Rupee Notes Returned, Says RBI

The Reserve Bank of India (RBI) in its annual report released today revealed that about 99 per cent of the banned 500- and 1,000-rupee currency notes returned. According to RBI estimates, a total of Rs. 15.28 lakh More...

By Loknath Das On Friday, August 25th, 2017
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SBI Chief Says Mergers Can Reduce PSU Banks’ Need For Government Capital

Mumbai: State Bank of India chairperson Arundhati Bhattacharya on Tuesday called for more consolidation among the public sector banks, saying this could reduce their dependence on government for capital. The statement More...

By Loknath Das On Friday, August 18th, 2017
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HPCL Share Sale: PwC, 4 Others In Race To Become Transaction Adviser, Says Report

New Delhi: PwC, JM Financial and ICICI Securities are among the five consultants vying to become transaction adviser to the government’s over Rs. 33,000 crore stake sale in Hindustan Petroleum Corporation More...