Banking

The department also carried out raids on actors associated with these producers, like Puneet RajKumar, Shivraj Kumar, Sudeep and Yash. Photo: Mint

Income tax raids on Kannada film producers, actors

1 min read . 04 Jan 2019

The iPhone maker had earlier said it would pull iPhone 7 and 8 models from its 15 retail stores in Germany. Photo:AFP

Apple set to pull some iPhones from Germany after Qualcomm enforces ban

1 min read . 03 Jan 2019

LIC completes acquisition of 51% stake in IDBI Bank

2 min read . 01:53 PM IST

If TDS is not deposited in time, employees cannot claim tax credit at the time for filing their return (iStock)

CBDT says notices sent only where TDS was not deposited by employer

1 min read . 01:14 PM IST

RBI will take necessary steps to maintain financial stability and facilitate enabling conditions for sustainable and robust growth, says governor Shaktikanta Das. Photo: Pradeep Gaur/Mint

RBI will take steps to help sustain growth: Shaktikanta Das

2 min read . 20 Jan 2019

RBI governor Shaktikanta Das. Photo: PTI

RBI governor Shaktikanta Das sees inflation assessment a challenge

2 min read . 19 Jan 2019

After taking over as the 25th governor of the RBI last month, Shaktikanta Das has been holding meetings with various stakeholders including banks, NBFCs and MSMEs. Photo: PTI

CII asks RBI to cut repo rate, cash reserve ratio

1 min read . 18 Jan 2019

UCO Bank shares closed at Rs20.80 per unit, up 0.73%, on BSE. Photo: Mint

UCO Bank board approves raising Rs1,000 crore via QIP

1 min read . 18 Jan 2019

According to BSE data, promoters held 30.02% in Kotak Mahindra Bank as on 30 September. Photo: Mint

HC to hear Kotak Bank’s plea on stake dilution in March

1 min read . 18 Jan 2019

The equity will be infused in two tranches of ₹4,500 crore in 2018-19 and ₹1,500 crore in 2019-20, respectively.

Cabinet approves ₹6,000 crore capital infusion in Exim Bank

1 min read . 16 Jan 2019

Borrowers, who owe over ₹5 crore, are gradually regularizing repayments following RBI’s 12 February 2018 circular that spelt out the one-day default norms for NPAs. Photo: Aniruddha Chowdhury/Mint

Large borrowers fall in line after RBI’s one-day default norm

3 min read . 16 Jan 2019

Out of Syndicate Bank’s ₹27,000 crore NPAs, the share of large corporates is around ₹14,000 crore.

Syndicate Bank creates vertical to recover ₹27,000 crore NPAs

1 min read . 15 Jan 2019

Finance minister Arun Jaitley. A decision to form the panel was taken at the GST Council’s last meeting on 10 January. Photo: Pradeep Gaur/Mint

Govt forms panel to resolve GST issues troubling real estate sector

1 min read . 15 Jan 2019

Some of the public sector banks have government’s holding beyond 75 %. Photo:HT

FinMin wants PSU banks to bring down govt equity to 52%

2 min read . 14 Jan 2019

IDFC First Bank will serve 7.2 million customers through 203 bank branches, 129 ATMs and 454 rural business correspondent centres. Photo: Mint

IDFC Bank re-named IDFC First Bank

1 min read . 12 Jan 2019

Capital Small Finance Bank operates over 100 branches at present. Photo: Mint

Capital SFB eyes ₹150 crore funding to expand operations

1 min read . 11 Jan 2019

The minimum capital conservation ratios of 2.5% will be applicable from on 31 March 2020. Photo: Reuters

RBI defers capital buffer norms by a year, leaves ₹37,000 cr in hands of banks

1 min read . 10 Jan 2019

The panel will wait to examine audited results of banks, before making a final decision. Photo:PTI

RBI to scan Q3 results before deciding on relief for PCA banks

2 min read . 10 Jan 2019

Bimal Jalan was the RBI governor from 1997 to 2003. Photo: HT

RBI is accountable to the government, says Bimal Jalan

2 min read . 11 Jan 2019

Finance minister Arun Jaitley. The move to raise the threshold GST registration is significant, considering that MSMEs have been hit by demonetisation, GST implementation and a credit squeeze in recent months. Photo: Abhijit Bhatlekar/Mint

Govt doubles GST exemption limit for MSMEs

3 min read . 11 Jan 2019

SMEs contribute about 30% to the Indian economy and provide employment to over 111 million people, but despite this importance, India’s small firms are starved of funds. Photo: Ramesh Pathania/Mint

Strengthening the SME loan infrastructure in India

1 min read . 10 Jan 2019

Bank loans grew 15.1% from a year earlier in December, while bank deposits grew 9.2% in the same period, Reserve Bank of India (RBI) data showed. Bloomberg

Bank loan growth picks up pace even as deposits stagnate

2 min read . 10 Jan 2019