Tag: public sector banks

5 Ways To Make $50K a Year in Passive Income

Market
Passive income is better than any side hustle because the money comes to you without you having to put much elbow grease into it. You’ll read about all kinds of ways...

GST revamp: Goods and services tax not applicable on these post-sale discounts; here is what experts say

Business
The Central Board of Indirect Taxes and Customs (CBIC) clarified that post-sale discounts offered by manufacturers to dealers, aimed purely at competitive pricing and driving sales, will not attract Goods and Services Tax...

Private sector banks report pressure on profits in Q3 amid higher provisioning, NIM pressure

Stocks
The private sector banks reported deceleration in aggregate operating and net profit for the third quarter in a row amid slowing growth in...

WACR: WACR 18 bps higher than repo rate despite surplus liquidity

Stocks
Mumbai: The weighted average call rate, which indicates banks' overnight cost of borrowing, closed at 6.68% on Monday, 18 basis points higher than...

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