Banking News Archive

GST council announces changes and date extensions for  GST return filing

GST rate cut was the major announcement made by the Goods and Services Tax Council in its 23rd meeting in Guwahati.  Apart from that a number of measures were also announced to ease compliance norms with regard

Aadhaar Seeding – NPCI Clarification on Explicit Consent of Customer 

Aadhaar linking with bank accounts and Aadhaar seeding Aadhaar seeding is the process of including the Aadhaar number in the  database of service providers to enable transfer of money, subsidy amount or any other government benefit to

Legal Entity Identifier (LEI)- Corporate Borrowers and OTC Participants

Reserve Bank of India(RBI) has instructed banks to ensure that all their large borrower entities obtain the Legal Entity Identifier in a phased manner. According to the directive all corporate borrowers enjoying fund based and non-fund based