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CBIC on Oct 28 clarified notional interest under banks' fund transfer pricing is exempt interest, validating bank's stance against Rs8,130.66cr and Rs200.21cr GST demands plus equal penalties with interim court protection; to seek quashing. Context: clears major contingent overhang.
Jammu And Kashmir Bank Approves ₹1,000 Crore QIP Capital Raise
Jammu And Kashmir Bank Approves ₹1,000 Crore QIP
Jammu & Kashmir Bank Q1 Advances Surge 25.5% YoY as CASA Dips