Community & General News


Limit for Contactless Cards and UPI Payments to be increased from January 1, 2021

   05 December 2020 at 10:55

RBI leaves policy rates unchanged, the accommodative stance of monetary policy to continue as long as necessary. RBI Governor Announces Set of Measures to Revive Economy.

Posted in Community & General |   4440 Views


RBI releases Draft Directions on Money Market Instruments under Section 45 W of the RBI Act, 1934

   05 December 2020 at 10:08

Comments on the Draft Directions are invited from banks, market participants, and other interested parties by January 31, 2021.

Posted in Community & General |   1866 Views


Union FM Smt. Nirmala Sitharaman inaugurates DRI's 63rd Founding Day Celebrations

   04 December 2020 at 18:02

FM Smt. Nirmala Sitharaman observed the 63rd Founding Day of the DRI, the apex anti-smuggling intelligence and investigation agency functioning under the aegis of the CBIC.

Posted in Community & General |   1503 Views


India, USA sign MoU on Intellectual Property cooperation

   04 December 2020 at 18:02

The Union Cabinet in its meeting dated 19.02.2020 gave the approval for signing the MoU with the United States Patent and Trademark Office (USPTO) in the field of IP Cooperation.

Posted in Community & General |   1464 Views


RBI keeps the policy repo rate unchanged at 4 percent

   04 December 2020 at 15:44

The Monetary Policy Committee met on 2nd, 3rd, and 4th December 2020. It reviewed current macroeconomic and financial developments, both domestic and global, and the evolving outlook for the Indian economy.

Posted in Community & General |   1221 Views


RBI issues a statement on Developmental and Regulatory Policies

   04 December 2020 at 15:44

This Statement sets out various developmental and regulatory policy measures to enhance liquidity support, deepen financial markets, conserve capital among banks, and facilitate external trade, etc.

Posted in Community & General |   1338 Views


DRI to have Virtual Panel Discussion on Trade Based Money Laundering

   04 December 2020 at 09:56

DRI is celebrating its 63rd Founding Day on Friday, the 4th of December, 2020. As part of this year’s Founding Day celebrations, a panel discussion on Trade-Based Money Laundering is also been organized.

Posted in Community & General |   1590 Views


Fake news doing the rounds that RBI has discontinued the 2000 Rupee note

   03 December 2020 at 12:08

A fake news has been circulating on social media that RBI has discontinued the Rupee 2000 note. However, that has been verified to be not true.

Posted in Community & General  1 comments |   4095 Views


IFSCA obtains Membership of IAIS

   03 December 2020 at 10:07

The International Financial Services Centres Authority (IFSCA) obtained membership of the International Association of Insurance Supervisors (IAIS).

Posted in Community & General |   1701 Views


Board of Trade meeting to be held today i.e. 2nd December 2020 to focus on the new Foreign Trade Policy

   02 December 2020 at 12:41

Meeting to focus on new Foreign Trade Policy and the strategies and measures to be taken in order to take forward domestic manufacturing and exports.

Posted in Community & General |   1689 Views



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