This anticipated erosion in net worth, which the lender estimated at 2.35% of the total, follows Monday’s disclosures on discrepancies in derivative deals over the past five to seven years, executives told analysts in a late-evening call.
India, France near deal on tax treaty, to lower levy on dividends paid to French parent companies
India and France are nearing a revised tax treaty that will reduce dividend taxes for French parent companies holding over 10% stakes to 5%, while