Author Archive

National Cyber Crime Reporting Portal (NCCRP) and Digital Banking

NCCRP, National Cyber Crime Reporting Portal, digital banking, financial fraud, freeze, lien marking, account, transaction, bank
National Cyber Crime Reporting Portal (NCCRP) is a web portal facilitating Indian citizens to report cyber crimes. The portal has provisions for reporting various types of cyber crimes falling under two categories, (a)  crimes against children and women and
21 Apr 23 Author CategoryDigital Banking Awareness, Regulators & Institutions No Comment Read More

Positive Pay System for CTS and Banks

Positive Pay System for CTS, Cheque Truncation System ,CTS, cheque, fraud, Rs. 50,000, drawer, drawee, issuer, beneficiary, data, cross verification, drawee bank, presenter bank, image of cheque, clearing, NPCI, mandatory
Positive Pay System for Cheque Truncation System (CTS) is the concept muted by Reserve Bank of India, banking regulator, to make cheque based transactions safer by minimising frauds. The plan to introduce Positive Pay System for Cheque
11 Oct 20 Author CategoryBanking News, Digital Banking Awareness, Everything About No Comment Read More

Delisting Plan of Vedanta Ltd- Update

delisting plan, Vedanta, Delisting of equity shares, LIC, Exit price, discovered price, Reverse Book building, counter offer, stock exchange, SEBI guidelines, bidding platform, exit price, discovered price, 90%, paid up capital, Rs. 87.50, Rs. 320, share, offer price
Vedanta Ltd’s announcement of delisting plan of equity shares continues to grab the attention of  entire Indian  equity investors, apart from its own share holders. Initially it was on account of the low offer price decided by
10 Oct 20 Author CategoryBanking News, Equity, Quick Reference One Comment Read More

Delisting of Equity Shares- Process

Delisting of equity shares, offer price, floor price, Reverse Book building, counter offer, Vedanta, stock exchange, voluntary delisting, compulsory delisting, SEBI guidelines, bidding platform, exit price, discovered price, 90%, paid up capital
Delisting of equity shares grabbed the attention of investors in India as various media began to cover the announcement made by mining major, Vedanta in May, 2020.Compared to listing of shares, delisting of shares occurs rarely and
10 Oct 20 Author CategoryEquity, Everything About No Comment Read More

Vodafone Vs IT Department-HEL Acquisition

Vodafone Vs IT Department dispute, Hutch Essar Ltd, Arbitration, Hutchison Telecommunications International Limited, HTIL, tax claim, Capital Gain Tax, Permanent International Court of Arbitration, Hague, Vodafone Group PLC, Vodafone International Holdings B.V, Hutchison Whampoa, General anti-avoidance rule, GAAR, treaty
The ruling of the Permanent Court of Arbitration based in Hague, in Vodafone Vs Income Tax (IT) Department (India) dispute on the demand of withholding tax on the acquisition of Hutch Essar Ltd, is in favour of
3 Oct 20 Author CategoryCorporate Taxes, Indian Economy Comments 8 Read More

Vodafone Vs IT Department Tax Dispute-Timelines

Vodafone Vs IT Department dispute, Hutch Essar Ltd, Arbitration, Hutchison Telecommunications International Limited, HTIL, tax claim, Capital Gain Tax, Permanent International Court of Arbitration, Hague, Vodafone Group PLC, Vodafone International Holdings B.V, Hutchison Whampoa, General anti-avoidance rule, GAAR, treaty
Vodafone Group PLC is now relieved to a great extent. The ruling of the Permanent Court of Arbitration based in Hague, supports the company’s stance that there was no tax liability on its part in the acquisition
3 Oct 20 Author CategoryCorporate Taxes, Indian Economy Comments 7 Read More

FedSwagat–Digital appointment booking channel to visit Federal Bank

FedSwagat, booking platform, appointment, Federal Bank, banking transactions, digital channel, online, digital banking products, time slot,
FedSwagat is an innovative appointment booking channel launched for visitors by the Federal Bank Ltd. The bank, which is one of the major commercial sector banks in India, has always been in the forefront in adopting technology,
21 Jun 20 Author CategoryBanking News, Banking Products & Schemes, Digital Banking Awareness Comments 3 Read More

Gold – A glittering investment option

Gold, investment option, historical gold rate movement, gold price, exchange, Gold ETF, SGB, historical gold rate movement, making charge, gold as investment in India, monetary system
Gold as an investment option has its roots in the usage as a medium of exchange for hundreds of years till fiat currency system replacing gold standard. Over the period, gold has become a glittering investment option.
2 Jun 20 Author CategoryGold No Comment Read More

Gold as an investment option – A brief introduction

Gold, investment option, precious metal, gold nuggets, gold mines, forms of gold, brief history, gold rush, uses, application, ornament, currency, security, investment instrument, gold loan, pledge, gold standard, gold exchange standard, fiat monetary system
Gold has become an investment option with its precious metal status, ever increasing demand and rising prices. The pleasing glitter and surprising malleability of gold have always been magic attractions for mankind. Naturally occurring metals which are
1 Jun 20 Author CategorySchemes No Comment Read More

Guaranteed Emergency Credit Line (GECL) for MSMEs-Lenders guaranteed by NCGTC

GECL, Guaranteed Emergency Credit Line, ECLGS, NCGTC, 20%,MSME, Emergency Credit Line Guarantee Scheme, National Credit Guarantee Trustee Company, Atmanirbhar Bharat Yojna, MSME, Business enter prises, PMMY, . Scheduled Commercial Banks, NBFC, Rs. 25 Cr, turn over, Rs. 100 Cr, GST registration, interest rate, external benchmark, NBFC, 14%, 9.25%, collateral,
Guaranteed Emergency Credit Line (GECL) is the loan extended to eligible MSMEs/ Business Enterprises being 20 per cent of the loan outstanding as on February 29,2020. The Finance Minister had announced a collateral free, guaranteed credit scheme
24 May 20 Author CategoryBank Loans- General, Banking News, Everything About No Comment Read More