Community & General News
Achievements made under various Schemes including PMJDY
02 January 2017 at 10:42Large scale achievements made under various Schemes including PMJDY; 26.03 crore accounts opened as on 21st December, 2016 under PMJDY out of which 15.86 crore accounts are in rural areas and 10.17 crore in urban areas; Deposits worth Rs. 71,557.90 c
Cabinet Decisions-Chronological since 27.05.2014
02 January 2017 at 10:4227.05.20141. Constitution of Special Investigation Team in compliance with the judgement of Hon�ble Supreme CourtThe Union Cabinet today approved constitution of Special Investigating Team (SIT) to implement the decision of the Hon�ble Su
Year end review of economy for 2016
31 December 2016 at 11:52During the current Financial Year 2016-17, the Indian Economy continues to consolidate the gains achieved in restoring macro-economic stability
President approves the Promulgation of the Specified Bank Notes
31 December 2016 at 11:52The President of India approves the Promulgation of the Specified Bank Notes (Cessation of Liabilities) Ordinance, 2016 today; The President of India has approved the promulgation of the Specified Bank Notes (Cessation of Liabilities) Ordinance, 2016
Cash withdrawal limit from ATM increased to Rs 4500 daily
31 December 2016 at 10:27RBI/2016-17/204DCM (Plg) No. 2142/10.27.00/2016-17The Chairman / Managing Director/ Chief Executive Officer,Public Sector Banks/ Private Sector Banks / Foreign Banks/ Regional Rural Banks / Urban Cooperative Banks/ State Cooperative BanksDistrict cen
Statement by FM on Remonetisation
30 December 2016 at 10:40Statement made by the Union Finance Minister Shri Arun Jaitley on Remonetisation and its impact. Following is the transcription of the Statement made by the Union Finance Minister Shri Arun Jaitley on ‘Remonetisation and its impact’ to me
Report of the Watal Committee on Digital Payments
29 December 2016 at 11:32Comments/suggestions invited from the members of public on the Report of the Committee on Digital Payments within 15 days of hosting the Report on the website After approval of the Cabinet, the Guidelines for the promotion of payments through cards
Major policy initiatives of MCA in 2016
28 December 2016 at 11:45Major policy initiatives and achievements of the Ministry of Corporate Affairs (MCA); MCA entrusted with the responsibility to administer the Insolvency and Bankruptcy Code, 2016(Code);The Insolvency and Bankruptcy Board of India (IBBI) established;
Rs 592,613 crore issued to public since demonetisation
23 December 2016 at 10:54Consequent to the announcement of withdrawal of Legal Tender status of banknotes of ₹ 500 and ₹ 1000 denominations from the midnight of November 8, 2016, the Reserve Bank of India made arrangements for supply of adequate quantity of banknotes in vari
Reduction in charges for IMPS and UPI transaction by banks
22 December 2016 at 10:34In order to further promote digital and card payments, Department of Financial Services, Ministry of Finance issues direction in public interest all Public Sector Banks(PSBs) not to charge fees for transactions settled on Immediate Payment Service (I
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