Investments by banks stood at Rs 57.83 lakh crore on June 16, compared with Rs 50.21 lakh crore on June 17, 2022, and Rs 47.11 lakh crore on June 18, 2021
The Central Board of Direct Taxes (CBDT) has extended the last date to link PAN with Aadhaar from March 31, 2023 earlier to June 30, 2023. There is a penalty amount to be paid to the income tax department before linking of PAN with Aadhaar. Will the government extend the deadline to link PAN with Aadhaar once again?
Lenders believe a code of conduct for the committee of creditors (CoC), proposed by the insolvency and bankruptcy regulator, may limit their flexibility to negotiate deals.
Experts attribute the trend to a sharp depreciation of the Indian rupee, a lower spread between US Treasury yields and returns on Indian debt instruments and global uncertainties.
In the current interest rate hike cycle, RBI started raising the repo rate from May 2022; since then, it has raised 250 bps in repo rate to 6.50 per cent