indian banks association

Investment Banking- An eye candy occupation

Fema / RBI - As we all know a bank is a financial institution licensed to receive deposits and make loans. Banks many also provide financial services, such as wealth management, currency exchange and safe deposit boxes. There are two types of banks: Commercial/ retail banks and investment banks....

Read More

An Unveil Professional Opportunity of Cooperative Banks Audits

Fema / RBI - It was emphasized that the business in cooperative Banks i.e. State cooperative banks and district cooperative banks needs to be conducted in a manner not detrimental to the intents of the depositors and as these entities being Banks are subject to the regulatory provisions of the banking Regulation Act, 1949 (AACS), it is essential that ...

Read More

Back to the Future with #KonaKonaKotak

Fema / RBI - Thanjavur has always fascinated me, in my imagination it was filled with relics of India’s glorious past and gave us an insight of how our ancestors thought, lived and celebrated. Join me now as I take you through all that is great about the present place….Here’s why you should visit Thanjavur....

Read More

Taxation of Cooperative Societies Under Direct & Indirect Tax

Fema / RBI - U/s 2(19) of the Income Tax Act 1961, ‘cooperative society’ means a cooperative society registered under the Cooperative Societies Act, 1912 (2 of 1912), or under any other law for the time being in force in any State for the registration of the cooperative societies....

Read More

Draft guidelines for foreign banks delayed

Fema / RBI - The draft guidelines on how foreign banks can convert themselves into wholly owned subsidiaries of their parents, have been delayed, with the Reserve Bank of India (RBI) awaiting clarity from tax authorities. The guidelines were to be have been relea...

Read More

News of discontinuation of free services by Banks is fake: IBA

Fema / RBI - Indian Banks Association clarified that some segment of social media based on misinformed communication and spreading false information that all free services of public sector banks will be ceased by January 20, 2018. In addition, there is neither a move by banks for such blanket removal of free services nor such thing is being contemplat...

Read More

HDFC clarification on Charges for Cash Withdrawals

Fema / RBI - HDFC BANK IMPORTANT NOTICE REVISION OF FEES AND CHARGES – SAVINGS & SALARY ACCOUNTS (EFFECTIVE 01st March 2017) Effective 01st March 2017, cash transaction charges for Savings and Salary accounts are being revised as follows: Sr. No Charge Type Revised charges 1 Number of Cash transactions(Cumulative of Deposit and Withdrawal) 4...

Read More

15 Days Paternity Leave to Bank Employees

Fema / RBI - Male employees with less than two surviving children shall be eligible for 15 days paternity leave during his wife’s confinement and may be availed upto 15 days before or upto 6 months from the date of delivery of the child. ...

Read More

2nd and 4th Saturday of the month will be Bank holiday

Fema / RBI - Discussions were held between the Indian Banks’ Association representing Managements of Banks and  the authorized representatives of Workmen Unions and Officers’ Association, on wage revision for officers in banks on 23.02.2015 at Mumbai. After holding several rounds of discussions. the parties have mutually agreed as under: ...

Read More

IDBI Bank signs MOU with Government of Karnataka at Global Investors Meet 2012

Fema / RBI - IDBI Bank Ltd has entered into a Memorandum of Understanding with the Government of Karnataka (GoK) at the Global Investors Meet (GIM) held at Bangalore. The meet was organized by Government of Karnataka and Karnataka Udyog Mitra. Shri Manogaran Varadaraj Masilamani, General Manager, IDBI Bank and Shri B.S. Sirsikar, Joint Director (Plan...

Read More
Sorry No Post Found
Sorry No Post Found

Recent Posts in "indian banks association"

News of discontinuation of free services by Banks is fake: IBA

Indian Banks Association clarified that some segment of social media based on misinformed communication and spreading false information that all free services of public sector banks will be ceased by January 20, 2018. In addition, there is neither a move by banks for such blanket removal of free services nor such thing is being contemplat...

Read More
Posted Under: Finance |

Investment Banking- An eye candy occupation

As we all know a bank is a financial institution licensed to receive deposits and make loans. Banks many also provide financial services, such as wealth management, currency exchange and safe deposit boxes. There are two types of banks: Commercial/ retail banks and investment banks....

Read More
Posted Under: Finance |

HDFC clarification on Charges for Cash Withdrawals

HDFC BANK IMPORTANT NOTICE REVISION OF FEES AND CHARGES – SAVINGS & SALARY ACCOUNTS (EFFECTIVE 01st March 2017) Effective 01st March 2017, cash transaction charges for Savings and Salary accounts are being revised as follows: Sr. No Charge Type Revised charges 1 Number of Cash transactions(Cumulative of Deposit and Withdrawal) 4...

Read More
Posted Under: Finance |

15 Days Paternity Leave to Bank Employees

Male employees with less than two surviving children shall be eligible for 15 days paternity leave during his wife’s confinement and may be availed upto 15 days before or upto 6 months from the date of delivery of the child. ...

Read More
Posted Under: Finance |

An Unveil Professional Opportunity of Cooperative Banks Audits

It was emphasized that the business in cooperative Banks i.e. State cooperative banks and district cooperative banks needs to be conducted in a manner not detrimental to the intents of the depositors and as these entities being Banks are subject to the regulatory provisions of the banking Regulation Act, 1949 (AACS), it is essential that ...

Read More
Posted Under: Finance |

Back to the Future with #KonaKonaKotak

Thanjavur has always fascinated me, in my imagination it was filled with relics of India’s glorious past and gave us an insight of how our ancestors thought, lived and celebrated. Join me now as I take you through all that is great about the present place….Here’s why you should visit Thanjavur....

Read More
Posted Under: Finance |

2nd and 4th Saturday of the month will be Bank holiday

Discussions were held between the Indian Banks’ Association representing Managements of Banks and  the authorized representatives of Workmen Unions and Officers’ Association, on wage revision for officers in banks on 23.02.2015 at Mumbai. After holding several rounds of discussions. the parties have mutually agreed as under: ...

Read More
Posted Under: Finance |

Taxation of Cooperative Societies Under Direct & Indirect Tax

U/s 2(19) of the Income Tax Act 1961, ‘cooperative society’ means a cooperative society registered under the Cooperative Societies Act, 1912 (2 of 1912), or under any other law for the time being in force in any State for the registration of the cooperative societies....

Read More
Posted Under: Finance |

IDBI Bank signs MOU with Government of Karnataka at Global Investors Meet 2012

IDBI Bank Ltd has entered into a Memorandum of Understanding with the Government of Karnataka (GoK) at the Global Investors Meet (GIM) held at Bangalore. The meet was organized by Government of Karnataka and Karnataka Udyog Mitra. Shri Manogaran Varadaraj Masilamani, General Manager, IDBI Bank and Shri B.S. Sirsikar, Joint Director (Plan...

Read More
Posted Under: Finance |

Income Tax Dept to investigate if banks helped people hide black money

In its pursuit to unearth black money, the Income Tax Department will probe certain banks and their officials suspected to be helping customers hide illicit funds through multiple accounts. We have found instances where banks are running multiple accounts of certain customers for the purpose of hiding black money, a senior official of Cen...

Read More
Posted Under: Finance |
Page 1 of 3123

Browse All Categories

CA, CS, CMA (3,750)
Company Law (3,883)
Custom Duty (6,955)
DGFT (3,686)
Excise Duty (4,144)
Fema / RBI (3,479)
Finance (3,670)
Income Tax (27,501)
SEBI (2,899)
Service Tax (3,370)

Search Posts by Date

July 2018
M T W T F S S
« Jun    
 1
2345678
9101112131415
16171819202122
23242526272829
3031