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Indian Banks’ Association (IBA) on behalf of the management of banks has already made representation to the tax authorities. However, tax officials are of opinion that banks are not offering ‘free services’ but actually charging customers by asking them to maintain a minimum account balance. Every bank offers a different slab of minimum balance to customers, based on which some free services are provided.

Through the offer, Fino Payments Bank aims to raise Rs 1,200 crore. The IPO comprises a fresh issue of equity shares worth Rs 300 crore and an offer for sale (OFS) of 15,602,999 equity shares by its promoter Fino Paytech. The offer also includes a reservation of Rs 3 crore worth of shares for its eligible employees.

The offer can be availed through the Shazam app. Even though the Shazam app is available globally, the offer is only available in the US, UK and Canada.

Hasib Rahaman, VP, HR and administration at Clirnet and DocTube, defined loud quitting as “an employee exiting an organisation in a highly visible and dramatic manner, publicly airing their grievances and discontent.” This new approach starkly contrasts the traditional, discreet manner of leaving an organisation.

The Hyderabad police have now mandated the setting up of an Anti-Drugs Committee (ADC) in all city colleges and similar institutions in a bid to spread awareness against the consumption, possession and sale of narcotic drugs and psychotropic substances.

A court in Mumbai on Friday rejected an interim plea of a 25-year-old woman, who had sought a DNA test on BJP MP Ravi Kishan, claiming that it will prove that he is her biological father.

The partially convertible rupee pared all its losses to close unchanged at 82.32 per dollar, pulling back from a record low of 82.6825 hit in early morning trades.

The Karnataka High Court has reversed a Railway Claims Tribunal decision and awarded a minimum compensation of Rs 8 lakh to the family of a woman who died after jumping off a moving train she had wrongly boarded in February 2014.