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GST Council May Scrap IGST Exemption on Gold, Silver, Platinum Imports by Banks, Nominated Agencies

GST Council May Scrap IGST Exemption on…

New Delhi, Oct 5 (KNN) The GST Council is likely to consider withdrawing the Integrated GST (IGST) exemption on gold, silver…

Bank Liquidation Should Be Handled by IBBI-Certified IPs Under RBI, DICGC Oversight: IBBI Study

Bank Liquidation Should Be Handled by IBBI-Certified…

New Delhi, Oct 5 (KNN) Bank liquidation should be handled by insolvency professionals (IPs) under the supervision of the Reserve…

SBI Seeks Clarity on Banking Rules for Accounts, Deposits and Assets Under Proposed FCRA Framework

SBI Seeks Clarity on Banking Rules for…

New Delhi, Oct 1 (KNN) The State Bank of India (SBI) has supported the objectives of the proposed amendments to the Foreign…

RBI Scrutiny Prompts Promoter Groups To Reassess NBFC, Holding Company Structures

RBI Scrutiny Prompts Promoter Groups To Reassess…

New Delhi, Sep 29 (KNN) Rising scrutiny by the Reserve Bank of India (RBI) is prompting some promoter groups to reassess the…

Broadening Inflation, Strong Growth Raise Expectations of RBI Rate Hike in October

Broadening Inflation, Strong Growth Raise Expectations of…

New Delhi, Sep 28 (KNN) Broadening inflation, strong economic growth and rising global interest rates are increasing expectations…

Banks To Monitor Merchants To Prevent Passing UPI MDR To Consumers, Says Govt Sources

Banks To Monitor Merchants To Prevent Passing…

New Delhi, Sep 25 (KNN) Banks will monitor merchants to ensure that the Merchant Discount Rate (MDR) on specified UPI transactions…

Financial Sector Must Fund Next Generation of Indian Enterprises, Move Beyond Near-Term Growth: PM’s Principal Secretary

Financial Sector Must Fund Next Generation of…

New Delhi, Sep 24 (KNN) India’s financial sector must move beyond financing near-term economic growth and focus on funding…

ICAI To Propose CA Act Changes To Help Indian Accounting Firms Scale Up

ICAI To Propose CA Act Changes To…

New Delhi, Sep 22 (KNN) The Institute of Chartered Accountants of India (ICAI) is preparing proposed changes to the Chartered…

RBI Tightens Market Risk Rules, Bars Book Reclassification To Lower Capital Requirements

RBI Tightens Market Risk Rules, Bars Book…

New Delhi, Sep 22 (KNN) The Reserve Bank of India (RBI) has barred banks from reclassifying instruments between the trading…

Record USD 127 Bn FCNR(B) Deposits Give Indian Banks Liquidity Boost: S&P

Record USD 127 Bn FCNR(B) Deposits Give…

New Delhi, Sep 22 (KNN) Indian banks have received a significant liquidity boost after mobilising a record USD 127 billion…

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