Feb 10, 2016 at 20:00 | Source: CNBC-TV18
Arvind Sanger of Geosphere Capital Management says the woes of the banking sector need to be dealt with comprehensively. According to him, the bankruptcy law is crucial for banks to recover
Feb 05, 2016 at 11:00 | Source: CNBC-TV18
Bank stocks have taken it on the chin recently, thanks to the ballooning NPA problem. But the bankruptcy law is set to shake up things, says Dipen Sheth.
Jan 24, 2016 at 17:30 | Source: PTI
Switzerland is "extremely keen" on greater cooperation in India's fight against suspected black money stashed in Swiss banks and is putting in place a new law on automatic information exchange that will take about a year to come into force, Finance Minister Arun Jaitley has said.
Dec 21, 2015 at 13:16 | Source: PTI
Despite a number of changes this year to the Companies Act, 2013, which itself has replaced over 60-year-old legislation, the industry remains an unsatisfied lot and wants many more amendments to make it easier to do business here.
Dec 04, 2015 at 13:51 | Source: Moneycontrol.com
Allahabad Bank at its meeting held on Dec 04, 2015, has decided and approved to float Request for Proposal for appointment of consultant for advising & undertaking redrafting of existing Shareholders Agreement forming Insurance Joint Venture of Bank namely Universal Sompo General Insurance so as to align the same with amended Indian Insurance Laws.
Nov 09, 2015 at 17:43 | Source: Moneycontrol.com
One of the major advantages to Indian entities of availing funding via RDBs is that they would be receiving money in rupees and therefore would not be required to bear the currency risk.
Nov 05, 2015 at 07:44 | Source: PTI
"The firm did not have sufficient policies and procedures to ensure that activities conducted at its offices outside of the United States complied with US sanctions laws," said the Federal Reserve, which announced the penalties along with the New York State Department of Financial Services.
Oct 30, 2015 at 08:15 | Source: PTI
In his Budget speech, Finance Minister Arun Jaitley had said bankruptcy law reform, that brings about legal certainty and speed, has been identified as a key priority for improving the ease of doing business.
Oct 11, 2015 at 21:37 | Source: PTI
Over a dozen public and private sector banks have been slapped a fine of Rs 68 lakh for their "failure" to report attempts of suspicious transactions and money laundering in their branches which were brought to light by a sting operation conducted in 2013.
Sep 23, 2015 at 15:31 | Source: Firstpost.com
Arun Jaitley's repeated batting for a flawed GST is worrisome. GST is a good tax only to the extent it is an all-encompassing impost that replaces all existing state and central taxes. But the GST now planned has too many flaws, and too many exclusions.