Community & General News
RBI: 98% of Rs 2,000 Notes Returned Following Withdrawal Order
03 October 2024 at 09:01The Reserve Bank of India (RBI) had announced the withdrawal of ₹2000 denomination banknotes from circulation vide Press Release 2023-2024/257 dated May 19, 2023.
Bengaluru Court Orders FIR Against FM Nirmala Sitharaman Over Electoral Bonds Allegations
28 September 2024 at 17:07A court in Bengaluru has stirred controversy by directing to register an FIR against Union Finance Minister Smt. Nirmala Sitharaman on Friday, the 27th September.
DFS drives expansion of digital payments in India and abroad
21 September 2024 at 06:52Digital payment transactions volume grew to 18,737 crore in FY 2023-24 from 2,071 crore in FY 2017-18 at Compounded Annual Growth Rate (CAGR) of 44%; with value of transactions at ₹3,659 lakh crore in FY23-24 from ₹1,962 lakh crore in FY17-18 at CAGR
Banking Liquidity Set to Decline Amid Advance Tax and GST Outflows This Week
17 September 2024 at 09:11The banking system, after enjoying a liquidity surplus for over two months, is expected to move into deficit this week due to advance tax payments and GST outflows, according to market experts. As of Thursday, the liquidity surplus stood at Rs 1.96 t
Banking Laws Bill 2024: Tenure of Cooperative Banks' Directors Extended to 10 Years
12 August 2024 at 09:01The Banking Laws (Amendment) Bill, 2024, recently tabled by Finance Minister Nirmala Sitharaman in Parliament, aims to bring significant changes to the banking sector.
RBI Keeps Repo Rate Unchanged At 6.5% for 9th time in a Row
08 August 2024 at 16:30On the basis of an assessment of the current and evolving macroeconomic situation, the MPC at its meeting today (August 8, 2024) decided to: Keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.50 per cent.
RBI Proposes New Authentication Measures to Enhance Digital Transaction Security
03 August 2024 at 09:09In a move to bolster the security of digital transactions, the Reserve Bank of India (RBI) has proposed new guidelines aimed at introducing additional layers of authentication.
Shri Pankaj Chaudhary takes charge as Minister of State for Finance in Ministry of Finance
13 June 2024 at 09:05Shri Pankaj Chaudhary took charge as the Minister of State for Finance in his second consecutive term in the Ministry of Finance, in New Delhi on June 11, 2024
Nirmala Sitharaman Reappointed as Finance Minister in Modi's Third Cabinet
11 June 2024 at 08:58In a significant move, Prime Minister Narendra Modi's government has reappointed Nirmala Sitharaman as the Finance Minister. The official announcement came on June 10, a day after the ministers took the oath alongside Modi.
Repo Rate Unchanged at 6.5% as RBI Elevates FY25 GDP Growth Outlook to 7.2%
07 June 2024 at 15:55RBI keeps repo rate unchanged, hikes FY25 GDP growth forecast
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