by OverviewFX | Aug 28, 2024 | Banking & Finance
The L&T Finance Limited has been penalised Rs. 28 Lakh under Section 73 of the Central Goods and Service Tax Act, 2017 by the Deputy Commissioner of State Tax, Special Circle, Patna, Bihar, according to the exchange filling.The penalty is levied on the violations...
by OverviewFX | Aug 27, 2024 | Banking & Finance
Overseas credit card spending increased more than prepaid payment instruments (PPIs) and debit cards over the past two years due to a spurt in travel after the easing of travel restrictions after the Covid-19 pandemic and higher reward points given by card issuers....
by OverviewFX | Aug 27, 2024 | Banking & Finance
In September 2024, banks will remain closed for 15 days in various states, including the second and fourth Saturdays as well as Sundays. The Reserve Bank of India (RBI) releases a monthly list of bank holidays to ensure that customers are not inconvenienced and can...
by OverviewFX | Aug 27, 2024 | Banking & Finance
Yes Bank on Tuesday relieved Amit Sureka from his duties as the country head of its financial markets division.The lender, in a statement, did not mention the reason for Sureka’s removal.Sureka, based in the lender’s Mumbai branch, had joined Yes Bank in...
by OverviewFX | Aug 27, 2024 | Banking & Finance
Muthoot Microfin has finalised a deal with Dutch development finance institution Triple Jump to raise $15 million in non-convertible debentures, while it is in advanced stage of discussions to raise another $35 million from Swiss impact investor BlueOrchard even as...
by OverviewFX | Aug 27, 2024 | Banking & Finance
HSBC India has expanded its funding programme for local tech startups to $600 million as the UK-based bank bets on robust growth in the sector, which would prompt more and more firms to opt for global exposure, a senior executive said to ET.“What the bank decided five...
