Blog | BANKEDGE | Professional Certification Courses In Banking

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Mulling over the idea of a bad bank may not work. Why?? The Government has announced to sep up a committee under Punjab National Bank non executive Chairman Sunil Mehta to give necessary recommendations on forming of an ARC for faster resolution of Stressed Assets in banks. Let us understand the following: Let a resolution

It is true that investors are now moving towards Fixed Deposits of NBFCs who are offering better Interest rates on deposits during the last two months. These companies have raised the deposit rates by 50 to 75 basis points. These companies are: Bajaj Finance DHFL Mahindra Finance Shriram Transport Finance HDFC Ltd., To quote a

11 Jun

NBFCs offer better FD interest rates

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It is true that investors are now moving towards Fixed Deposits of NBFCs who are offering better Interest rates on deposits during the last two months. These companies have raised the deposit rates by 50 to 75 basis points. These companies are: Bajaj Finance DHFL Mahindra Finance Shriram Transport Finance HDFC Ltd., To quote a

09 Jun

BANK OF BARODA IN GRAFT PROBE

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Data compiled by FE Bureau reveals that most of the banks have made improvement in bad loan recovery during the period 2017-18. It provides the following further details: Banking including Bank of Baroda, Canara Bank, United Bank of India, Union Bank, ICICI Bank and Axis Bank have brought out an increase in their recoveries. SBI,

06 Jun

BAD LOANS RECOVERY

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Data compiled by FE Bureau reveals that most of the banks have made improvement in bad loan recovery during the period 2017-18. It provides the following further details: Banking including Bank of Baroda, Canara Bank, United Bank of India, Union Bank, ICICI Bank and Axis Bank have brought out an increase in their recoveries. SBI,

No GST on Free Banking Services: MF exit load to attract GST

Providing clarification on Banking, Insurance and Stock Brokers sectors the Government announced that Free Banking Services like ATM withdrawals, will not attract GST Late Payment charges on outstanding credit card bills and purchase of insurance policies by NRIs will attract GST. Supply is defined as the Services rendered or serviced without consideration to related persons

05 Jun

No GST on Free Banking Services: MF exit load to attract GST

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