CBDT Notifies Exemption Allowing Indian Bank's Increased Shareholding in ASREC

Last updated: 15 May 2025

The Ministry of Finance has issued a notification granting Indian Bank a temporary exemption under the Banking Regulation Act, 1949, allowing it to continue holding over 30% stake in ASREC (India) Limited until March 31, 2026. The move comes following a recommendation from the Reserve Bank of India

You have reached daily limit of 2 Free News. To view this or other News please subscribe to CCI PRO :

GST Plus

Stay updated! Stay ads free

Browse CAclubindia ads free.
Latest updates on WA.
Daily E-Newsletter and much more.

CCI PRO annual subscription :

Original Price : INR 2999/-

Offer Price : INR 1999/-

Duration : 1 year
(Prices Inclusive of GST)


Know More

Note: If you are a PRO member already, please click here to login (for ad free experience)

CCI Pro

Category Income Tax   Report

Comment   Share
  468 Views
Comments

Recent News :

  1. GSTN to Bar Filing of Pending GST Returns Older Than 3 Years from 1st December 2025
  2. CBDT Extends ITR and Audit Report Due Dates for AY 2025-26
  3. Fake Income Tax Officer Nabbed: 12th-Pass Man Duped 35 Aspirants with False Job Promises
  4. Bombay High Court Quashes Income Tax Assessment Based on AI-Generated Case Laws
  5. Punjab & Haryana High Court Warns CBDT of Contempt for Delay in Extending ITR Deadline for Audited Cases
  6. GST Cuts to Boost Domestic Demand, Says Finance Ministry's Economic Review for September
  7. CBIC Issues Circular Defining Proper Officers and Monetary Limits under GST Provisions
  8. CBIC Issues FAQs On New Consolidated Customs Notification Effective from November 1, 2025
  9. CBDT Empowers Commissioner, CPC Bengaluru to Rectify and Issue Demands for Certain Income Tax Cases
  10. Finance Ministry Notifies Banking Companies (Nomination) Rules, 2025

More »


Popular News




CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Trending Online Classes

view all classess

Follow us

Browse by Category