Community & General News


Kerala becomes the 8th State to complete ease of doing business reforms

   13 January 2021 at 16:52

The State has become eligible to mobilise additional financial resources of Rs.2,373 crore through Open Market Borrowings.

Posted in Community & General |   2442 Views


RBI releases the Financial Stability Report, January 2021

   12 January 2021 at 10:11

RBI has released the 22nd issue of the Financial Stability Report (FSR), which reflects the collective assessment of the Sub-Committee of the Financial Stability and Development Council (FSDC).

Posted in Community & General |   3108 Views


RBI to conduct the revised Variable Rate Reverse Repo auction on January 15, 2021, Friday under the revised Liquidity Management Framework

   09 January 2021 at 10:55

On February 06, 2020, the Reserve Bank had announced a revised Liquidity Management Framework that was simplified and clearly communicated the objectives and toolkit for liquidity management.

Posted in Community & General |   1617 Views


Norms on eligibility, empanelment and appointment of Statutory Branch Auditors in Public Sector Banks from the year 2020-21 and onwards

   08 January 2021 at 17:53

The Reserve Bank of India releases Norms for selection of branches of Public Sector Banks (PSBs) for Statutory Audit and Procedure for appointment of Statutory Branch Auditors.

Posted in Community & General |   3888 Views


Madhya Pradesh and Andhra Pradesh get additional financial assistance of Rs.1004 crore for capital expenditure

   07 January 2021 at 08:28

Madhya Pradesh and Andhra Pradesh have become the first group of States to complete three out of the four citizen centric reforms stipulated by the Department of Expenditure, Ministry of Finance.

Posted in Community & General |   1848 Views


Reserve Bank of India imposes monetary penalty on Bajaj Finance Ltd. and various banks

   06 January 2021 at 10:26

The Reserve Bank of India has imposed a monetary penalty on Bajaj Finance Ltd, Maharashtra Nagari Sahakari Bank Maryadit, Latur and Vyavasayik Sahakari Bank Maryadit, Raipur.

Posted in Community & General |   2295 Views


Reserve Bank of India introduces the RBI-Digital Payments Index

   02 January 2021 at 12:35

The Reserve Bank of India has constructed a composite Digital Payments Index (DPI) to capture the extent of digitization of payments across the country.

Posted in Community & General |   1800 Views


Year End Review - 2020 for Department for Promotion of Industry & Internal Trade

   31 December 2020 at 16:16

To improve the Ease of Doing Business in the country, the emphasis has been on simplification and rationalization of the existing rules and introduction of information technology to make governance more efficient and effective.

Posted in Community & General |   1956 Views


Cabinet approves Industrial Corridor nodes at Krishnapatnam and Tumakuru under CBIC

   31 December 2020 at 12:39

The approved proposals have a total estimated cost of Rs. 7,725 crore and an estimated employment generation of more than 2.8 lakh persons.

Posted in Community & General |   1497 Views


Odisha becomes the 7th State to complete ease of doing business reforms; Additional borrowing permission of Rs. 1,429 crores issued

   31 December 2020 at 10:19

The State has become eligible to mobilize additional financial resources of Rs. 1,429 crores through Open Market Borrowings. Permission for the same was issued by the Department of Expenditure on 30th December 2020.

Posted in Community & General |   1398 Views



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