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Weekly Roundup – October 1

CAMS brings you a weekly glimpse at the key happenings in the BFSI sector, in India and abroad. Regulatory updates or important news, here are some which might have had an impact on the sector. 226 more words

Mutual Fund

First Monetary Policy Committee decided repo rate on October 4?

Easing of retail inflation in August to 5.05 per cent has raised the hopes for a rate cut by 0.25 basis points in October

By Newshound… 284 more words

News

HSBC sees inflation below RBI's 2017 target, room for rate cut

30/09/2016 14:59

Inflation is likely to remain below the Reserve Bank’s early 2017 target of 5 per cent for the next 12 months, opening up space for monetary easing, says an HSBC report according to PTI. 373 more words

Finance

Associate banks to submit report on merger to RBI: Reports

27/09/2016 11:09

As part of the alliance process within the SBI Group, its five associate banks including State Bank of Bikaner and Jaipur (SBBJ) will soon submit to the Reserve Bank the scheme of acquisition as approved by shareholders, said media reports. 129 more words

Finance

RBI to shortly issue Rs 20 notes in the Mahatma Gandhi series-2005

26/09/2016 12:20

The Reserve Bank of India will shortly issue Rs 20 denomination banknotes in the Mahatma Gandhi Series-2005, without inset letter in both the number panels, bearing signature of Dr. 101 more words

Finance

Sara Lee TTK Ltd vs. DCIT (ITAT Mumbai)

Posted on September 21, 2016

The assessee is obliged to carry out a bench-marking exercise with independent comparables and prove that its transactions with AEs are at arms length. 472 more words

Rulings And Judgments

Dr. Urijit Patel’s Contribution to Economic Development of India

AUTHOR- Nimisha Khattar

Popularly known as the Inflation Warrior, Dr. Urijit R Patel, has been associated with RBI since 2013. He has played a key role in formulating and shaping the monetary policy of India. 304 more words