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Vijay Mallya deliberately didn't disclose full assets: Banks tell SC

Aug 29, 2016

Vijay Mallya deliberately didn't disclose full assets: Banks tell SC

In a rejoinder affidavit to Mallya's reply, the banks had said that disclosure of overseas assets by him and his family was significant for recovering the dues #Banks #SBI #Vijay Mallya #Attorney General #Mukul Rohatgi #disclousure of assets
Vijay Mallya saga: With govt invoking a 21-yr old treaty, the man is now an urban legend

Aug 18, 2016

Vijay Mallya saga: With govt invoking a 21-yr old treaty, the man is now an urban legend

The investigative agencies have done everything possible to nail Mallya, including prompting the external affairs to cancel his passport #Banks #CBI #Kingfisher Airlines #SBI #Vijay Mallya #IDBI Bank #Modi government #UB Group #liquor baron #Uk government #MLAT #PMLA court #urban legend
Fear of CBI 'bizarre': Parliamentary panel asks banks to apply 'wisdom' in funding NPAs

Aug 15, 2016

Fear of CBI 'bizarre': Parliamentary panel asks banks to apply 'wisdom' in funding NPAs

Saying that total NPAs of banks due to defaulting infrastructure projects is at Rs 2,60,000 crore and may go up to Rs 4 lakh crore, the committee also said the banks have demanded that the money of the loan given to road sector be allowed to be restructured. #Banks #CBI #Infrastructure #CVC #NHAI #NPAs #Parliamentary Standing Committee #parliamentary panel #Bad Debts #Kanwar Deep Singh
GST rollout: From training staff to preparing a money Bill, here's how govt is readying

Aug 05, 2016

GST rollout: From training staff to preparing a money Bill, here's how govt is readying

As per the detailed GST rollout roadmap prepared by Revenue Secretary Hasmukh Adhia, the IT infrastructure framework will be ready by March 2017 and a massive outreach and industry sensitisation programme will also be carried out #Infosys #RBI #Banks #CBEC #GST Bill #IT Infrastructure #Revenue Secretary Hasmukh Adhia #GSTN #Goods and Services Tax Network
60k officers to be trained on GST; IT infra to be ready by March

Aug 04, 2016

60k officers to be trained on GST; IT infra to be ready by March

After the training on GST laws gets complete by December 2016, GSTN will train them on the related IT infrastructure by March 2017 #RBI #Banks #CBEC #IT Infrastructure #Revenue Secretary Hasmukh Adhia #GST laws
India can achieve 8% growth in next 3 fiscals on reforms and monetary policy push: S&P

Aug 03, 2016

India can achieve 8% growth in next 3 fiscals on reforms and monetary policy push: S&P

S&P also said India will have to address issues plaguing private investment, and banks will have to clean up their balance sheets #S&P #Banks #Economic growth #Infrastructure #monetary #fiscal policies #S&P Global Ratings
Full text: Raghuram Rajan on 'uninformed and motivated' critics, RBI's autonomy

Jul 27, 2016

Full text: Raghuram Rajan on 'uninformed and motivated' critics, RBI's autonomy

Rajan also questioned the arguments that inflation has come down saying much of it is due to “good luck” on account of fall in crude oil prices. #oil prices #Interest rates #Banks #Raghuram Rajan #public sector banks #RBI Governor #Credit Growth #NPAs #speech #ECB #CPI Inflation #Policy rate #MPC #Brexit
Watch: Here's how you can take 'rest' on your loans

Jul 20, 2016

Watch: Here's how you can take 'rest' on your loans

Popular culture says it's good to rest, but you'd be surprised to know that the same principle is also true when it comes to your loans #Finance #Banks #Money #Personal finance #EMI #loans #Reliance Jio #jio #Interest payment
Banks can't get 'blanket relief' from CBI, CVC actions, says Raghuram Rajan

Jul 17, 2016

Banks can't get 'blanket relief' from CBI, CVC actions, says Raghuram Rajan

Amid a clamour among bankers for immunity from action by agencies like CBI and CVC, Reserve Bank Governor Raghuram Rajan has disapproved of any "blanket sort of relief." #India #RBI #Banks #CBI #TheySaidIt #Raghuram Rajan #CVC