The court was ruling in the case of HSBC Bank (Mauritius) and the income tax department. The bank was assessed for 2011/12.
1547731544 Companies - an hour ago
This time, Shroff had also swung blue-chip backers such as TPG Capital and the Abu Dhabi Investment Authority, armed with an equity cheque of $1.2 bil
1547694220 Companies - 12 hours ago
The order had restrained the former directors from mortgaging, or third-party interests or in any way alienating movable or immovable or jointly held
1547649928 Companies - 24 hours ago
The finance ministry is pushing state-run banks to bridge the gap between proposals that receive preliminary approval and final sanction.
1547616671 Companies - yesterday
While slowing investments are worrying some, there is enough hope that retail could surprise in aiding both the economy as well as lenders.
1547605538 Companies - 2 days ago
The central agency will seek to know if the bank verified KYC details of the credit society, if there were any transaction of suspicious nature, and w
1547605070 Companies - 2 days ago
IFCI’s net non-performing assets were Rs 5,127 crore, or 29.54%, at the end of March 2018, compared with Rs 5,882 crore, or 27%, a year earlier.
1547577152 Companies - 2 days ago
The senior official said the PSU bank is now focusing more on giving loans to MSME and retail sector rather than large corporates.
1547561721 Companies - 2 days ago
These two names have gone to the RBI and Gill, by virtue of being an outsider along with his experience as CEO of a bank, is the frontrunner.
1547518637 Companies - 3 days ago
Both were appointed for 5 years, subject to the approval of shareholders, ICICI Bank said in a regulatory filing on stock exchanges.
1547484056 Companies - 3 days ago
SBM had alleged then that its SWIFT payment gateway had been hacked on October 2 in an attempt to transfer Rs 147 crore.
1547432573 Companies - 4 days ago
With this, the total amount raised through securitisation by the IPO-bound Muthoot Microfin has crossed Rs 1,300 crore during the first nine months of
1547386332 Companies - 4 days ago
RBI warned FinMin that the scheme might become the next big source of NPAs, the bane of Indian banking.
1547369426 Companies - 4 days ago
During 2017, life insurance premium in India increased 8 per cent (inflation adjusted) when global life insurance premium rose by 0.5 per cent.
1547363894 Companies - 4 days ago
The bank, which is hoping to break even at the end of this fiscal year, has taken a series of measures to bring down NPA level.
1547134073 Companies - 7 days ago