The Reserve Bank of India (RBI) on Wednesday said that it has divested its entire stake in two of its affiliates, the National Bank of Agriculture and rural development (Nabard) and the National Housing Bank (NHB) for Rs20 crore and Rs1,450 crore, respectively.
NEW DELHI: The revenue department has allowed businesses whose GST registration has been cancelled due to non-filing of tax returns to apply for its revocation by July 22, provided they file their pending returns and pay due taxes.
New Delhi, Apr 25 (KNN) While the government is in overdrive to weed out ‘fictitious companies’, those who genuinely want to update their registered offices term the process nightmarish and seek a simplified scheme to effect change.
It is a pity that the country’s top courts, from the NCLAT to the Supreme Court (SC), are passing orders that will hit RBI’s ability to ensure the country’s banking system remains as healthy as possible.
MSME-focussed digital lender FlexiLoans has extended its partnership with Amazon.in for the second year by integrating its lending platform with Amazon Lending Marketplace, media reports say.
The Indian rupee on Friday strengthened marginally against US dollar tracking gains in Asian peers. At 9.03 am, the rupee traded at 70.11 a dollar compared with its previous close of 70.26. The Indian currency had opened at 70.14 a dollar.