Community & General News
Directorate of Enforcement issues Show Cause Notices for Alleged Contravention of Foreign Exchange Management Act (FEMA), 1999
09 August 2012 at 12:02The Directorate of Enforcement has issued Show Cause Notice for alleged contravention of Foreign Exchange Management Act, 1999 (FEMA) and the cases of prima-facie, offence of money laundering registered under Prevention of Money Laundering Act, 20
The First Mile Walk into Financial Inclusion- Thinking Differently
09 August 2012 at 11:58(Address by Dr. K. C. Chakrabarty, Deputy Governor, Reserve Bank of India at the Inaugural Session of the Financial Inclusion Conference 2012 “The First Mile Walk into the Financial System” organized by FICCI and Sa-Dhan at New Delhi o
FM Confident of Bringing Economy Back on Desired Track; Gives an Overview of Map for Recovery
07 August 2012 at 11:32The Union Finance Minister, Shri P. Chidambaram has said that uppermost in his mind is the duty to re-gain the confidence of all stakeholders. Assuring that inflation can be moderated in the medium term, he said that the Government will work with
CWA - President Communique for August, 2012
03 August 2012 at 10:58I am starting this journey with the good wishes of all my seniors and colleagues who have all along inspired and motivated me to work passionately for the Institute over the years.
ICAI -President's Message - August 2012
31 July 2012 at 15:45Our Government is using contemporary communication technology to make its transport system more robust. Defence research of our nation suggests using nanotechnology to provide solution to environmental problems
First Quarter Review of Monetary Policy 2012-13
31 July 2012 at 14:54Since the Monetary Policy Statement for 2012-13 in April 2012, macroeconomic conditions have deteriorated. Much of the global economy is in a synchronised slowdown, having lost the upward momentum seen in the early months of the year.
Macroeconomic and Monetary Developments First Quarter Review 2012-13
31 July 2012 at 11:13The Reserve Bank of India today released the Macroeconomic and Monetary Developments First Quarter Review 2012-13. The document serves as a backdrop to the First Quarter Review of Monetary Policy Statement 2012-13 to be announced on July 31, 2012.
RBI rationalises customer charges for NEFT
14 July 2012 at 15:23The Reserve Bank of India has, in consultation with stakeholders, today rationalised charges that banks can levy on customers for transfer of funds through National Electronic Funds Transfer (NEFT). Now banks can levy not more than `2.50 (exclu
Constitution of an Expert Committee on GAAR to undertake stakeholder consultations to finalise the guidelines for GAAR
13 July 2012 at 16:19The Prime Minister has approved the constitution of an Expert Committee on GAAR to undertake stakeholder consultations and finalise the guidelines for GAAR. This committee would manage the consultation process and finalise the draft GAAR Guideline
Intra-bank Deposit Accounts Portability
12 July 2012 at 12:36RBI/2012-13/122 UBD.BPD (PCB) Cir. No. 3/14.01.062/2012-13 July 10, 2012 The Chief Executive Officer of All Primary (Urban) Co-operative Banks Madam/Dear Sir, Intra-bank Deposit Accounts Portability It has been brought to our notice that s
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