Puri gave up the comforts of Citibank to set up a new-age bank from a rat-infested room in the Kamala Mills Compound in Worli, Mumbai and build a marquee brand. A look at his 26-year stint as HDFC Bank's boss.
The crackdown on black money has manifested itself in a doubling in outward remittances as black money attempts to leave India.
The best part is that an investor gets price appreciation and earns interest income as well, which is unique only to sovereign gold bond.
HDFC Bank on Thursday said network outages that led to a regulatory ban on new credit card sales were not due to transaction volumes, and affirmed that it continues to stay in touch with the RBI for restarting the services but giving a timeline for it will be difficult. The bank said it is on its way to creating a new technology architecture for the future as part of the "digital factory" and "enterprise factory" initiative. But, it conceded that outages will continue under the older system though it will be working to minimise the time taken to bring the service back. In December 2020, the RBI took the unprecedented step of stopping the largest private sector lender from selling any new credit cards and also launching new digital services, because of a series of network outages.
Penalty can be levied at 100-300 per cent of the tax evaded, while tax is imposed at the highest rate of 30 per cent.
Recycling in India fell by 22 per cent to 14 tonnes against 18 tonnes.
The BJP has decided to revamp the organisation by rewarding efficient party workers and leaders and remove several turncoats from local and district levels.
Extension of the deadline from December end this year till March 31, 2018, would apply only to those people who do not have Aadhaar and are willing to enrol for it.
Some of the policy measures announced are expected to go a long way in removing current challenges on financing faced by businesses and also increasing economic activity, especially in areas of construction and manufacturing.
A classic example of a leader who has chosen to risk everything for his vision.
'I need a haircut, but who can I trust with a pair of scissors?', asks Kishore Singh.
There is no word on extending the February 6, 2018 deadline for linking mobile SIM cards with Aadhaar.
While your insurer will help you open an e-insurance account at the time of buying a policy, existing policyholders must do so themselves
The Street is talking about the New Rakesh Jhunjhunwala who has invested heavily in a particular stock.
If you are new to investing andarenot sure how ademataccount worksoperates, here is everything you need to know aboutdemataccounts and what happens when you buy or sell shares online.
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'How many Indian parents, still alive, really have documents of, their parents's date and place of birth? Not more than 27% of still alive Indians have got birth certificates,' points out Mohammad Sajjad.
The apex court's five-judge Constitution bench headed by Chief Justice Dipak Misra said Aadhaar is meant to help benefits reach the marginalised sections of the society and takes into account the dignity of people not only from personal but also from community point of view.
As the issue remained deadlocked with both sides sticking to their respective positions, Prime Minister Narendra Modi, while laying the foundation stone for a new Parliament building, invoked Guru Nanak to underscore the importance of dialogue and noted that the Sikh Guru had said that interaction should continue till eternity.
Smokers and tobacco consumers will have to shell out more for their indulgence as Finance Minister Arun Jaitley continued with the crackdown on cigarettes and tobacco products by increasing taxes in the Budget for 2017-18.
With a staff crunch, it seems the I-T department would now target only the big fish rather than go after small assessees.
'The government believes there is still significant scope to bring more people under the tax net and collect the right amount of taxes, in cases where taxpayers are underpaying,' says Kuldip Kumar, partner and leader personal tax, PwC.
"Since beginning, I am hearing this that if I am not with you, then I am an Aadhaar judge. I don't care," the judge said.
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RBI data on Dec 2014 showed 1.05 million PoS machines in the country.
Facebook is giving new users Aadhaar prompts!
Kareena Kapoor Khan proves what an asset she can be, writes Sukanya Verma
Vikram Kothari, managing director of Rotomac Pens, is now fighting a battle that might be difficult to win.
Ponzi schemes have characteristics that the informed investor can spot easily.
India does not have a stringent privacy or data protection Act.
The banks used for the fraud include ING Vysya Bank, ICICI Bank, Kotak Mahindra Bank, Axis Bank, IndusInd Bank, Dhanlaxmi Bank, YES Bank and DCB Bank.
FASTag is a prepaid tag, affixed on vehicle's windscreen, that enables automatic deduction of toll charges and lets the vehicle pass through the toll plaza without stopping for the cash transaction.
Rising competition and costs are likely to keep profitability of brokerage firms under pressure, leading to consolidation.
Karnataka, by reposing its faith in BSY, remains a Hindutva stronghold, reports R Rajagopalan.
The intial round of efforts did not achieve the objectives fully.
'It was like a doctor giving some simple pain killers to a patient in dire requirement of chemotherapy.' 'There was no sense of urgency or desperation in this particular Budget.'
Increased income tax collection is going to be a major consequence of going cashless and this should promise a future of lower taxes and higher purchase power soon, says Anil Rego
The amendment says that UIDAI can now give directions as it may consider necessary to any entity in the Aadhaar ecosystem
Now the processing of return filed will be through your Aadhaar Number, where, you can link it with your PAN and get rid of sending ITR V to CPC, Bangalore.
The proposed ban on cash transactions above Rs 3 lakh may hit luxury goods, jewellery sales and real estate.
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