Clues by Admin • 10 Jul 2018, Tuesday
State Bank of India (SBI) has instructed its various zones to recover the ‘compensation’ given to officers of its erstwhile associate banks for over-time work during the demonetisation days in late 2016. According to the SBI communication, seen by ... Continue Reading
Clues by Admin • 12 Jun 2018, Tuesday
More than 90,000 persons who deposited Rs 10 lakh or more cash in their bank accounts during the demonetisation period are under the Income Tax (I-T) scanner for not filing their tax returns. The I-T Department had served notices on nearly 3 lakh ... Continue Reading
Clues by Admin • 5 Jun 2018, Tuesday
As many as 73,000 companies that have been deregistered deposited Rs 24,000 crore in bank accounts post demonetisation, according to government data. Ministry of Corporate Affairs had last year struck off the names of around 2.26 lakh companies that have not been carrying ... Continue Reading
Read More at Times of India
Clues by Admin • 4 May 2018, Friday
Data from RBI shows that bank deposits grew by a mere 6.7% in 2017-18 to hit a five decade low since 1963. Bankers attribute this decline to other investment avenues preferred by the depositors. Bankers also claimed that deposits grew exceptionally high ... Continue Reading
Read More at The Economic Times

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