Economy is in revival stage: Arun Jaitley

Last Updated: Monday, August 24, 2015, 13:42

“We are facing many global problems ,but we need to go with full determination on the roadmap laid as we know our strength,” Jaitley said.

Bandhan Bank joins Indian banking league with 501 branches

Last Updated: Sunday, August 23, 2015, 21:12

Bandhan Bank Sunday began operations as a full-fledged bank with 501 branches and 1.43 crore accounts across the country, becoming the newest member of the estimated USD two-trillion Indian banking industry.

First set of tax sop phase-out in public domain soon: Jaitley

Last Updated: Sunday, August 23, 2015, 18:22

Finance Minister Arun Jaitley Sunday said a discussion paper on first set of tax exemptions to be phased out would be put in the public domain shortly.

8-10% growth rate achievable, says Arun Jaitley

Last Updated: Sunday, August 23, 2015, 18:20

Amidst global slowdown, Finance Minister Arun Jaitley Sunday expressed confidence that 8-10 percent growth rate is achievable on the back on increased investment and right mix of policies.

'Blue-painted' West Bengal gives India its newest bank – Bandhan Bank

Last Updated: Sunday, August 23, 2015, 18:08

With Bandhan from West Bengal becoming India's newest full-service bank to begin operations, Finance Minister Arun Jaitley Sunday said a 'blue-painted' city has given birth to a new institution which was not the case when it was 'painted red' -- referring to the past Left rule.

Bandhan Bank to fund SMEs, create jobs: FM Jaitley

Last Updated: Sunday, August 23, 2015, 15:10

The company, which started operations as a micro finance institution, got final approval from RBI in June to launch commercial banking operations.

Bandhan Bank will focus on MSMEs: FM Jaitley

Last Updated: Sunday, August 23, 2015, 11:33

The Kolkata-based BFS had received a nod from the Reserve Bank of India (RBI) to start commercial banking operations last year.

Shah panel's recommendation on MAT positive for market: Sinha

Last Updated: Saturday, August 22, 2015, 16:13

Union Minister of State for Finance Jayant Sinha on Saturday said the A P Shah Committee's recommendation to grant relief to FIIs on Minimum Alternate Tax (MAT) will be a positive for the market.

Ability to withstand challenging global trends strong: Jaitley

Last Updated: Saturday, August 22, 2015, 14:57

He emphasised that macroeconomic indicators like inflation, forex reserve, capital investment in infrastructure and revenue collection are all positive.

India may waive retrospective MAT tax on foreign investors

Last Updated: Saturday, August 22, 2015, 12:20

Although MAT has been applied to domestic companies to ensure a minimum tax payment, it had never been imposed on foreign institutional investors (FIIs).

All-out efforts on to bring down PSU banks' NPA: Jaitley

Last Updated: Friday, August 21, 2015, 14:27

Jaitley was inaugurating 109 new branches and 109 Bunch Note Acceptors (BNA) on the Indian Bank Foundation Day.

FM Jaitley likely to meet heads of PSU banks in first half of Sept

Last Updated: Thursday, August 20, 2015, 18:00

The performance review meeting of Public Sector Banks (PSBs) may take place in the first half of September and the exact date will be decided soon, sources said.