Deposits

RECENT NEWS
The Hindu Business Line  Dec 2  Comment 
Redemption did not create any ripple effect, says top banker
The Economic Times  Dec 1  Comment 
As per the study - Indian Bond Market - banks are reluctant to lend to infrastructure projects, the very sector that needs to be revived first for a positive ripple elsewhere.
The Hindu Business Line  Nov 29  Comment 
The Taxation Laws (Second Amendment) Bill, 2016 was passed by the Lok Sabha on Tuesday without debate. The Bill was introduced on Monday by Finance Minister Arun Jaitley to penalise and tax deposit...
Reuters  Nov 29  Comment 
Indian shares rose on Tuesday for a second consecutive session after the Reserve Bank of India (RBI)said lenders had received 8.45 trillion rupees ($123.07 billion) in deposits, a substantial amount of the notes that were declared worthless...
The Hindu Business Line  Nov 28  Comment 
To encourage people to deposit valid currency notes in banks, RBI today said bank customers would be able to withdraw deposits made in current legal tender notes beyond the current limits, a move aim...
The Economic Times  Nov 28  Comment 
"The deterrent provisions were necessary so that people have the fear of hoarding black money," Adhia said.
The Hindu Business Line  Nov 28  Comment 
The Supreme Court today ordered Sahara chief Subrata Roy to deposit Rs 600 crore by February 6, 2017 for remaining out of jail. If deposits are not made by February 6, Sahara chief will have to su...
The Economic Times  Nov 28  Comment 
Those who choose to declare undisclosed wealth till now in banned 500 and 1,000 notes under the Pradhan Mantri Garib Kalyan Yojana.
The Times of India  Nov 28  Comment 
All large deposits beyond a threshold could be asked to explain the source and why the 50% tax and the mandatory 25% deposit scheme should not be applied.
The Economic Times  Nov 27  Comment 
All large deposits beyond a threshold could be asked to explain the source and why the 50% tax and the mandatory 25% deposit scheme should not be applied.




 
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