Tag archive for ‘Rs’
By Loknath Das On Thursday, July 5th, 2018

Muthoot Finance eyes disbursal of Rs 300 crore personal loans

Kerala-based Muthoot Financehas set a target to disburse Rs 300 crore personal loans during the current financial year, a top company official said on Wednesday. The company, which had earlier offered gold loans More...

By Loknath Das On Saturday, June 30th, 2018

At Rs 3.45 trillion, India’s April-May fiscal deficit at 55.3% of full-year target

India reported on Friday a fiscal deficit of Rs 3.45 trillion ($50.37 billion) during the April-May period, or 55.3% of the budgeted target for the current fiscal year compared with 68.3% a year ago. Net tax receipts More...

By Loknath Das On Monday, June 25th, 2018

Satya MicroCapital reaches 1 lakh active loan clients, disburses Rs 300 crore in total loans

From reaching 1,000 entrepreneurs in our first 100 days, Satya has now reached out to 1 Lakh entrepreneurs in around 500 days of being active Micro financing group Satya MicroCapital has crossed 1 lakh active More...

By Loknath Das On Saturday, June 2nd, 2018

Be An Informer For Income Tax Department; Earn Up To Rs. 5 Crore

The reward scheme is aimed at encouraging people to give info on benami transactions (Representational) NEW DELHI:  Sharing “specific information” with the income tax department about any benami transaction More...

By Loknath Das On Friday, April 27th, 2018

Government Collects Rs. 7.41 Lakh Crore From GST In FY18, Says Finance Ministry

New Delhi: The government mobilised Rs. 7.41 lakh crore from the Goods and Services Tax (GST) during 2017-18, according to the finance ministry. The government rolled out the GST regime from July 1 last year. More...

By Loknath Das On Friday, April 27th, 2018

Axis Bank board clears higher borrowing limit of Rs 2 lakh crore

Private sector Axis Bank on Friday said its board has approved a proposal to increase its borrowing limit up to Rs 2 lakh crore. The borrowings will be “apart from deposits of money accepted from public in the More...

By Loknath Das On Thursday, March 29th, 2018

I-T dept names and shames 24 defaulters owing Rs 490 crore in taxes

The income taxdepartment on Thursday released a pan-India list of 24 defaulting individuals and companies who owe about Rs 490 crore in taxes to the exchequer but have either gone untraceable or have reported inadequate More...

By Loknath Das On Tuesday, March 20th, 2018

Finance ministry to meet primary dealers before Rs 6 trillion-bond sale

The finance ministry has called for a meeting of primary dealers in New Delhi on Wednesday, to discuss its near record bond-sale program for the new fiscal year, according to people with knowledge of the matter. The More...

By Loknath Das On Wednesday, January 31st, 2018

TRAI slashes mobile number portability charges to Rs 4 from Rs 19 per porting

Keeping in view the upsurge in mobile number portability (MNP) requests, the Telecom Regulatory Authority of India (TRAI) has decided to slash its rate to Rs 4 per successful porting from Rs 19 earlier. The TRAI More...

By Loknath Das On Wednesday, January 17th, 2018

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...