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In its fourth bi-monthly meeting for 2019-20 on October 4, the Reserve Bank of India's Monetary Policy Committee (MPC) slashed the repo rate by another 25 bps.
Rao, 57, currently the Managing Director and Chief Executive Officer of Allahabad Bank, has been appointed to the new post up to September 18, 2021.
The government appointed Kotak to head the lender's board, which will help the troubled company come out of difficulties, after the state took over the board.
While HDFC Bank took to Twitter to respond to a user's concern, Kotak Mahindra Bank informed a customer who faced the issue that the problem was due to a technical fault, and apologised for the same.
Earlier this week on September 23, the Drug Controller General of India (DCGI) asked state regulators to direct manufacturers of Ranitidine API to take measures to verify their products for the presence of NDMA, in order to ensure safety of consumers/patients.
To link these two identity cards (PAN and Aadhaar), all you need to do is head to the Income Tax department's e-filing website.
Some key core employees of Cox and Kings will also be transferred to the EbixCash payroll as part of the agreement.
She also assured that dues to all micro, small and medium enterprises (MSMEs) and service providers would be cleared.
These latest price reductions are over and above the company's existing festive season promotional discounts ranging from Rs 40,000 to Rs 1 lakh on its various models
Private banks and NBFCs have agreed to join the proposed credit outreach programmes which was earlier limited to the public sector banks (PSBs).
Failing to link your PAN card to Aadhaar might render your PAN card 'inoperative' from October 1 onwards.
The stake sale is expected to help the government raise between Rs 500 crore and Rs 600 crore.
He will be succeeding Nimesh Shah, Managing Director and Chief Executive officer, ICICI Prudential AMC, who was appointed to the post in 2018.
At least four bank employees' unions have threatened to go on a two-day strike ahead of the weekend
To boost tourism, the Council has approved cutting tax rates on rooms with tariff of Rs 7,500 and above to 18 percent and those with tariff below Rs 7,500 to 12 percent.
In his 2015 budget speech, former Finance Minister Arun Jaitley proposed that the rate of corporate tax would be brought down from 30 percent to 25 percent over the next four years.
This comes after the Twitter spat between the Biocon MD and FM Sitharaman a day ago, wherein Shaw had said that it was surprising that the announcement of the ban on e-cigarettes was coming from the finance minister and not the health minister.
Companies try to minimise giving taxes by taking advantage of depreciation, deductions, exemptions, etc from the government. So the government imposes a Minimum Alternate Tax or MAT as an advance tax on these companies.
In a reply to a customer's query on its official Twitter handle, the bank said that it had withdrawn the repo-linked lending rate (RLLR) based home loan scheme.
This, he said, is the sixth consecutive year that such a productivity-linked bonus is being given to railway employees.
The ban prohibits production, manufacturing, import, export, transport, sale or distribution, storage and advertisement of e-cigarettes in India.
Everest Industries Limited has informed the Exchange regarding Investor Presentation
With an estimated injection of Rs 10,000 crore by government, this window will be run by complete professional drawn from marketplace including banking and housing finance specialists.
The latest smart phone from Samsung comes with amoled display, 3 lenses-16 MP Ultra Wide camera, 12 MP Wide-angle camera, 12 MP Telephoto camera- coupled with 3D AR camera at back and 256 GB with upto 1TB via Micor SD card storage capacity.