Multi-crore Indian Overseas Bank loan scam: 11 more accused arrested

Indian Banks’ Association Condemn Arrest of Top Bankers by Investigative Agencies

Dena Bank loan fraud may cross Rs 300 crore mark

NAGPUR: The loan fraud at Dena Bank is likely to cross Rs 300 crore mark in the coming days. The bank is expected to file more complaints with the police and the loan cases itself range between several crores of...

Kukreja inaugurates NVCC’s LBT Redressal Camp

Nagpur: As part of its year-long Platinum Jubilee celebration, the Nag Vidarbha Chamber of Commerce (NVCC), in association with Nagpur Municipal Corporation, is organising LBT Redressal Camp at its Civil Lines premises from June 20 to 27, 2018. The formal...

NVCC embarks on year-long Platinum Jubilee celebrations

Nagpur: The Nag Vidarbha Chamber of Commerce (NVCC) on June 18 entered in its 75th year of existence. To mark the occasion, the traders’ body embarked on year-long celebrations of Platinum Jubilee. A formal function was organised at its 11th executive...

Chanda Kochhar to go on leave till probe gets over

MIA felicitates Sunil Sirsikar

A GRAND felicitation was arranged by MIDC Industries Association (MIA) to honour Sunil Sirsikar on his nomination as Member of National Board of Employees State Insurance Corporation (ESIC) here in city, recently. Sirsikar is the past President of MIA and...

Auditors are extended arms of RBI”- T. Kirankumar

Nagpur Branch of WICASA organised "Educational visit to Reserve Bank of India, Nagpur" for CA students on 17th May 2018. The visit was under the guidance of CA. Umang Agrawal, Chairman Nagpur ICAI & CA. Jiten Saglani, Chairman Nagpur Branch...

HRD Forum of VIA organised a session on ‘Measure the immeasurable by Psychometric Tests’ at VIA.

Prakash Shesh, MBA IIM Ahmedabad and a noted trainer and Managing Partner of Creative Business Techniques said Psychometric tests are helpful in standardized assessment of candidates aspiring to seek a job as they not only save time and money in...

Chartered Accountants are the backbone of GST implementation: P K Agrawal

Goods and Service Tax was implemented from 01st July, 2017. Since the implementation of the act in 2017, a lot of confusion has prevailed with respect to various provisions of Act coupled with frequent IT changes. Under such circumstances Chartered...

RBI may hike rates again in Aug on rise in inflation

Headline inflation surging to a four-month high of 4.87 per cent in May is likely to force the Reserve Bank of India to hike rates once again at its August monetary policy review, analysts said. The commentary comes a day...

Access to Capital determines the fate of MSME’s : Shri Pradeep Nath

While the Micro, Small and Medium Enterprise (MSME’s) form an integral part of economy, access to credit is a concern that continues to haunt the sector. While MSME’s are integral to the country’s economy, the success of the same is...

Let traders be relieved from LBT : Dipen Agrawal

Nagpur: A delegation of Chamber of Associations of Maharashtra Industry & Trade (CAMIT) led by Dipen Agrawal President and Mohan Gurnani Chairman met Smt Manisha Patankar Mhaiskar. Principal Secretary (UD. II), Urban Development. Department (UDD) to discuss issues pertaining to...

RBI hikes repo rate to 6.25%

Mumbai: Reserve Bank of India hikes Repo Rate by 25 bps to 6.25%. Reverse Repo rate at 6.50%. The central bank announced its bimonthly monetary policy on Wednesday amid expanding economic growth and the recent increase in crude oil prices. The...

RBI to announce second bi-monthly Monetary Policy of 2018-19 today

Mumbai : The Reserve Bank of India (RBI) will announce its second bi-monthly Monetary Policy of 2018-19 on Wednesday. The meeting of the monetary policy committee (MPC), headed by RBI Governor Urjit Patel, began here on Monday. The committee will meet...

ICAI signs the Mutual Recognition Agreement with SAICA

The Institute of Chartered Accountants of India (ICAI) has signed the Mutual Recognition Agreement (MRA) with the South African Institute of Chartered Accountants (SAICA) on June 4, 2018 at SAICA HO, Johannesburg, South Africa. Signing of the Agreement between ICAI &...

Information Technology to play major role in auditing and assurance services by CA’s: CA. Mahendra Kamath

Nagpur: India is now one of the biggest IT capitals of the modern world and all the major players in the world IT sector are present in the country. Information technology is a tool of communication. Communication is the basis...

Mutual Fund Exit Load And Outstanding Credit Card Dues Subject to GST Now

New Delhi: You will have to pay Goods and Services Tax (GST) on your outstanding credit card dues, finance lease and exit fees levied by mutual fund houses. Exit load of around 1 to 3 per cent of fund value...

Be a job creator, not a seeker: CA Rajeev Chand

Nagpur: Be a creator. Not a seeker- This was the message conveyed by CA Rajeev Bhagwat Chand to all youngsters and budding entrepreneurs from Vidarbha who had gathered for the Conclave on Start-ups organised by Saraswati Vidyalaya Alumni Association at...

IDBI Bank MK Jain appointed as RBI deputy governor

New Delhi: The government today appointed IDBI Bank managing director M K Jain as deputy governor of Reserve Bank of India in place of S S Mundra, who had completed his three-year term in July last year. "Government appoints...