There is no longer a single British bank financing the smaller independent oil and gas producers that account for the bulk of output and investment in the North […]
FINANCE & BANKING
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Big US banks expected to be cautious on shareholder payouts after stress tests
Big U.S. lenders are expected to show they have ample capital to weather any renewed turmoil during this week’s Federal Reserve health checks, but will be conservative on […]
FINANCE & BANKING
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GST: Banks in a GST fix over RBI’s directive to levy penal charges
The ban on ‘penal interest’ on borrowers is posing a tax dilemma for banks. Banks fear that the Reserve Bank of India’s (RBI) directive to levy penalty only […]