Banks Might Face Legal Problems Upon Invoking Personal Guarantees In May, the Supreme Court permitted invoking personal guarantees concerning corporate debtors.… Bhavana PNPosted on July 15, 2021July 15, 2021
RBI Guidelines to Appoint Statutory Auditors for Banks and NBFCs The Reserve Bank of India (RBI) has issued guidelines for the appointment… Apoorva NPosted on April 29, 2021April 29, 2021
Fate of NPAs Likely To Worsen in the Initial Six Months of 2021 Asset quality of banks had seen a slight improvement in the second… Bhavana PNPosted on March 18, 2021March 19, 2021
Stress in Banks’ Retail Loans to Increase in FY 22 As per the credit rating firm ‘India Ratings & Research’ (Ind-Ra), the… Bhavana PNPosted on February 26, 2021February 28, 2021
No Change in Service Charges Levied by Banks – FM Recently, several media reports were stating a steep increase in service charges… Mayashree AcharyaPosted on November 6, 2020November 9, 2020
RBI asks Banks for Automation of Asset Classification RBI issued a circular on 4th August 2011, which advises banks to… Mayashree AcharyaPosted on September 15, 2020September 16, 2020
Post Offices and Banks Can Now Check the Status of Your ITR Filing From now on, taxpayers can no longer remain non-compliant as banks and… Bhavana PNPosted on September 4, 2020September 7, 2020
Why Are Lenders Following Different Paths For Offering Loan Moratorium? On the shade of COVID-19 pandemic and the nation-wide lockdown declared, the… Apoorva NPosted on June 17, 2020June 18, 2020
Issuing e-Invoices Under GST – May Not Be Mandatory for Banks and Telcos In a recent development, institutions such as banks, airlines, armed forces, insurance… Apoorva NPosted on January 17, 2020January 24, 2020
Sharp Decline in Automobile Sales Puts Dealers in a State of Despair There has been a decline in the sales of automobiles in India… Apoorva NPosted on August 9, 2019August 11, 2019
