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Community & General News


India's GDP Records 6.5% Growth in FY 2024-25, Q4 Outpaces with 7.4%

   30 May 2025 at 16:19

PROVISIONAL ESTIMATES OF ANNUAL GROSS DOMESTIC PRODUCT FOR 2024-25 AND QUARTERLY ESTIMATES OF GROSS DOMESTIC PRODUCT FOR THE FOURTH QUARTER (JANUARY-MARCH) OF 2024-25

Posted in Community & General |   1635 Views


Centre Begins 5-Year Review and Approval Process for CSS and CS Schemes

   30 May 2025 at 09:23

Central Government kickstarts the five-yearly process of appraisal and approval of Centrally Sponsored Schemes (CSSs) and the Central Sector Schemes (CSs)

Posted in Community & General |   216 Views


KYC Update in Bank Accounts to Get Simpler: RBI Draft Guidelines

   26 May 2025 at 11:01

The Reserve Bank of India (RBI) has invited public and stakeholder feedback on a draft circular proposing revised guidelines for the updation and periodic updation of Know Your Customer (KYC) details.

Posted in Community & General |   966 Views


RBI Eases Process to Reactivate Inoperative Bank Accounts and Claim Unclaimed Deposits

   26 May 2025 at 09:16

The Reserve Bank of India (RBI) has released a draft circular titled "Inoperative Accounts/ Unclaimed Deposits in Banks - Revised Instructions (Amendment), 2025", which proposes modifications to the earlier guidelines issued on January 1, 2024.

Posted in Community & General |   1821 Views


Finance Ministry Amends Rule 8 of Securities Contracts Rules to Boost Ease of Doing Business for Brokers

   20 May 2025 at 08:57

The Department of Economic Affairs (DEA), Ministry of Finance, amended Rule 8 of the Securities Contracts (Regulation) Rules (SCRR), 1957, via Gazette Notification G.S.R. 318(E). T

Posted in Community & General |   1305 Views


RBI Issues New Rs 20 Notes with Governor Sanjay Malhotra's Signature

   19 May 2025 at 08:43

Issue of Rs 20 Denomination Banknotes in Mahatma Gandhi (New) Series bearing the signature of Shri Sanjay Malhotra, Governor

Posted in Community & General |   309 Views


FM Sitharaman Reviews UPI, Internet Banking Security Amid Rising Border Concerns

   10 May 2025 at 08:56

Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman chairs meeting to review banking sector's operational and cybersecurity preparedness, including digital applications such as internet banking and UPI

Posted in Community & General |   1575 Views


RBI issues Reserve Bank of India (Digital Lending) Directions, 2025

   10 May 2025 at 08:47

Reserve Bank of India has from time to time issued various directions and circulars on digital lending by Regulated Entities (REs).

Posted in Community & General |   351 Views


Finance Ministry Brings Key Payment Law Amendments into Force from 9th May 2025

   07 May 2025 at 09:00

The Ministry of Finance has officially notified that Sections 152 and 153 of the Finance Act, 2017, which amend the Payment and Settlement Systems Act, 2007, will come into force from May 9, 2025.

Posted in Community & General |   3711 Views


ED Registers 5113 PMLA Cases Over a Decade

   03 May 2025 at 08:37

Between 2014 to 2024, 5,113 new PMLA investigations initiated: ED Director Shri Rahul Navin

Posted in Community & General |   294 Views



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