The Rajasthan High Court addressed a case where Namrata Jain, an NRI residing in the USA for over 15 years, challenged an income tax reassessment initiated under Section 148A(d) of the Income Tax Act, ...

After 35 years abroad at Citibank and Barclays, Ashok Vaswani, who took over as MD & CEO of Kotak Mahindra Bank 15 months ago ...

Foreign Direct Investment (FDI), Foreign Institutional Investment (FII), External Commercial Borrowings (ECBs), and Venture Capital—highlighting their respective contributions to India’s economic ...

Citigroup Inc has leased over 7.7 lakh sq ft of office space in Pune's Kharadi locality for 10 years in a deal worth Rs 1,100 ...

NEW DELHI, February 28, 2025 – A new World Bank report, launched today, notes that India will need to grow by 7.8 percent on average over the next 22 years to achieve the country’s aspirations of ...

Reserve Bank of India (RBI) has imposed penalties of Rs72.58 lakh on Citibank NA and IDBI Bank Ltd for non-compliance with ...

The Reserve Bank of India has imposed a monetary penalty on Citibank N.A. of Rs 36.30 lakh for violating the guidelines on ...

The Reserve Bank of India (RBI) has penalized Citibank and IDBI Bank for violating regulations related to remittance schemes and due diligence. The penalties were imposed due to deficiencies in ...

While IDBI Bank was penalised due to violation of Foreign Currency Account guidelines, Citibank faced a penalty for ...

The Reserve Bank of India has imposed monetary penalties onIDBI Bank Limited and Citibank under the Foreign Exchange ...

The penalty on IDBI Bank was imposed for failing to undertake due diligence while processing inward remittances from a ...

The Reserve Bank of India has penalized Citibank N.A. with Rs 36.28 lakh and IDBI Bank Ltd. with Rs 36.30 lakh for violations ...