Economy

In the fourth quarter of FY21, Indian Bank’s net profit of Rs 1,709 crore

Indian Bank, a public sector institution, recorded a net profit of Rs 1,709 crore for the fourth quarter of FY21…

3 years ago

In the fight against coronavirus, Canara Bank has announced three loan schemes

As part of the fight against the epidemic, the state-run Canara Bank unveiled three lending initiatives on Friday, including healthcare…

3 years ago

Social spending, business tax hike drive $6Tr Joe Biden budget

Despite a host of new tax increases on businesses and high-income people aimed to pay for his ambitious spending plans,…

3 years ago

SBI Q4 profit up 80% at Rs 6,451 crore

SBI's net profit increased 80.1 percent year on year (YoY) to Rs 6,451 crore in the fourth quarter ended March…

4 years ago

India has lost half of its manufacturing jobs in the last five years.

Manufacturing jobs in 2020-21 was approximately half of what it was five years earlier, according to an estimate by the…

4 years ago

Employees of PSU banks will receive a small bonus as an incentive.

The performance-linked portion in the wage agreement signed with the Indian Banks' Association (IBA) in November 2020 would provide a…

4 years ago

The RBI has asked PSBs to put recently announced steps into effect immediately.

The Governor of the Reserve Bank of India has urged banks to continue concentrating on improving the strength of their…

4 years ago

Interest is charged for late payments on GST-eligible imported products.

An Authority for Advance Ruling (AAR) has ruled that interest for overdue payment on imported products is liable to GST…

4 years ago

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