The Reserve Bank of India's ongoing inspection of the book of accounts of Syndicate Bank is unconnected with last week's arrest of S K Jain, its chairman and managing director.
It's also important to understand the rationale behind choosing particular stocks and when to sell.
Analysts say TCS's total dividend outgo in 2014-15 is likely to cross Rs 11,500 crore (Rs 115 billion), given its policy of paying quarterly dividends.
One should base the decision on one's potential liability under the new tax rules.
Rush to offload bad loans indicates a revival in asset-sale market
Hurdles such as approvals for repair and fixed rates can make the process time-consuming.
The Reserve Bank of India has told banks not to levy penal charges for non-maintenance of minimum balances in any inoperative account.
Norms governing investments by provident funds bar these from depositing funds in a commercial bank in case the NPAs of that bank exceed two per cent of net advances.
SBI's overall gross NPA as on end-December 2013 was close to Rs 68,000 crore ( Rs 680 billion) or 5.73 per cent of its gross advances.
TDS merely means the bank will pay you the entire interest amount without forwarding the tax on it to the government.
Parents should secure thier special child's future.
The Sahara group's problems continue, with rating agency CARE cutting its 'BBB' ranking for Sahara Hospitality Ltd's (SHL) long-term bank facility to 'BBB-', due to sub-optimal financial and operational performance.
Currently, the West Asian banking group has three branches - in Mumbai, Hyderabad and Kochi.
The State Bank of India has proposed to the RBI to allow it to charge mark-to-market losses on its balance sheet.
NPAs, cost, fee income, productivity, HR reorientation are focus areas; schedules drawn for addressing all from weeks to a year.
Employees are often under this impression that as the employer has deducted tax at source, they need not file income tax (IT) returns.
Lending rates in certain segments may be increased; fixed depositors may lock into existing rates.
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Chests are select branches of banks authorised by RBI for distribution of notes and coins.
Bankers and executives involved in ATM operations said challenges abounded in this segment.
Say 30 days not enough to resolve stress; want higher provision norms deferred till economy picks up
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