CBDT provides ITR filing compliance check functionality for scheduled commercial banks

Sep 02, 2020

New Delhi [India], September 2 : The Central Board of Direct Taxes (CBDT) has issued an order for furnishing information about Income Tax (IT)...

75 Digital Banking units to be setup in 75 districts by scheduled commercial banks

Feb 01, 2022

New Delhi [India], February 1 : Union Finance Minister Nirmala Sitharaman on Tuesday announced the introduction of Digital Rupee which will be issued by...

Consolidated balance sheet of scheduled commercial banks registered double-digit growth after 7 years in FY22

Dec 27, 2022

The consolidated balance sheet of scheduled commercial banks (SCBs) has registered double-digit growth in 2021-22, after a gap of seven years, said the Reserve...

Scheduled Commercial Banks recover Rs 90 cr from cyber financial frauds in last 5 years: MoS Finance

Dec 06, 2021

New Delhi [India], December 6 : Scheduled Commercial Banks has recovered around Rs 90 crores in an action against cyber financial frauds in the...

Asset quality of banks improves to decadal high at end-September: RBI

Dec 27, 2023

The gross non-performing assets (GNPA) ratio of scheduled commercial banks (SCBs) fell to a decadal low of 3.9 per cent at end-March 2023 and...

COVID-19: Sitharaman to review implementation of resolution framework for bank loans today

Sep 03, 2020

New Delhi [India], September 3 : Union Finance Minister Nirmala Sitharaman on Thursday will review the implementation of the resolution framework for COVID-19 related...