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IDBI Bank proposes to change name

IDBI Bank proposes to change name

Mumbai : IDBI Bank has said that its Board has approved a proposal to change the name of the lender to either LIC IDBI Bank or LIC Bank, subject to regulatory and shareholders’ approval. According to the lender, its Board ...

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Centre insists on faster resolution of IL&FS

Centre insists on faster resolution of IL&FS

New Delhi : The government on Tuesday called for a faster resolution of the Infrastructure Leasing and Financial Services (IL&FS) crisis as it took stock of the ground covered so far. Economic Affairs Secretary Subhash Chandra Garg held a review ...

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IT exemption threshold may go up in interim budget

IT exemption threshold may go up in interim budget

New Delhi : With middle-class apathy on the rise, Finance Minister Arun Jaitley may double the income tax exemption threshold for the salaried from the present Rs 2.5 lakhs to Rs 5 lakhs while also reinstating tax-free status for medical ...

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