His successor Sashidhar Jagdishan, who took over as the chief executive and managing director of the largest private sector lender on October 27, 2020 grossed a salary of Rs 4.77 crore for the fiscal year, which included payments as a group head till his elevation. Puri’s overall payments included RsContinue Reading
The RTI query was filed by Nagpur-based Sanjay Thul seeking information on non-performing assets (NPAs) of state-run banks and bad loans write-off by PSBs in the last ten years from the Reserve Bank of India (RBI). Source linkContinue Reading
PNB MetLife said it has been consistently declaring bonus on participating products every year and 4.6 lakh customers, whose policies are in force as of March 31, 2021, will be benefiting from this bonus. Source linkContinue Reading
76% want Centre to cut excise duty on petrol and diesel as high fuel prices hit family budgets, says a Localcircles survey Source linkContinue Reading
You must be feeling the pain of rising fuel prices after it hit the century mark across the country last month. Source linkContinue Reading
Cash profit in the 12 months ended March 31, 2021, fell to Rs 48.08 crore from Rs 82.64 crore a year back, the London-listed firm said in a statement. Source linkContinue Reading
Of the total, Rs 40,432 crore was raised by infrastructure investments trusts (InvITs) and Rs 14,300 crore by real estate investment trusts (REITs) in 2020-21, data released by the Securities and Exchange Board of India (Sebi) showed on Wednesday. Source linkContinue Reading
Under the GST regime, at the time of paying tax on output, entities can reduce the tax they have already paid on inputs. Source linkContinue Reading
Entities above a certain threshold are mandated to spend at least 2 per cent of the average net profits of the immediately preceding three years on CSR activities. Source linkContinue Reading
DBS Bank India, which bailed out LVB and in the process increased its network, had reported a post tax net of Rs 111 crore in FY20. Source linkContinue Reading