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JP Morgan chairman Jamie Dimon says India is a bright spot and it's not an exaggeration

Sep 19, 2016

JP Morgan chairman Jamie Dimon says India is a bright spot and it's not an exaggeration

Damon also said JP Morgan's asset management arm will be infusing $9 billion across the country's asset classes and the investment could double or even triple over the next 15-20 years #Banks #JP Morgan #US Federal Reserve #Jamie Dimon #Indian growth
Bharat Bandh today: Strike cripples Kerala, Andhra and Odisha; makes little impact in TN, Maharashtra

Sep 02, 2016

Bharat Bandh today: Strike cripples Kerala, Andhra and Odisha; makes little impact in TN, Maharashtra

Essential services such as banking and transport are likely to be hit on Friday as 10 central trade unions go on one-day nationwide strike, protesting against "anti-worker" changes in labour laws and the Centre's "indifference" to their demands for better wages. #India #Strike #Banks #Transport #Bharat Bandh #Union strike #Rail roko #TradeUnionStrike #BharatBandh
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