SBI alone has written off bad loans of Rs 40,196 crore, nearly 25 per cent of the total write-offs during 2017-18. This was followed by Canara Bank (Rs 8,310 crore), Punjab National Bank (Rs 7,407 crore) and Bank of Baroda (Rs 4,948 crore).
With the fall in commodity prices in late-2014, and the subsequent drop in rig count and production levels, it was a natural call to write-off Williston Basin (most notably known for the Bakken formation) as yet another casualty of energy market...
Sen. Claire McCaskill is taking another pass at the pharma ad tax deduction. After failing to get rid of pharma’s ability to deduct DTC advertising expenses via the tax cut bill in December, McCaskill has introduced a separate bill to do so.
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