Others News

FM highlights investments via PLI schemes as top priority for economic growth

15 May 2023 at 08:38

Finance Minister Nirmala Sitharaman stressed the government’s priority to incentivise and encourage expenditures in India through production-linked incentive (PLI) schemes

Posted in Others | 3729 Views

RBI directs banks to extend priority loans to GST-Exempted informal units with UAC

12 May 2023 at 08:50

RBI has informed all financial institutions including banks and NBFCs to treat informal micro enterprises (IMEs) not covered under the GST regime or exempted from the CGST Act, 2017, but having the Udyam Assist Certificate (UAC) as micro enterprises

Posted in Others | 3462 Views

RBI simplifies the application process for registration of Core Investment Companies

11 April 2023 at 08:33

The Reserve Bank has undertaken a comprehensive review of the system of processing of applications for registration as Core Investment Companies (CICs) to make the registration process smoother and hassle free.

Posted in Others | 4683 Views

More than 40.82 crore loans amounting to Rs. 23.2 lakh crore sanctioned under PMMY since inception

08 April 2023 at 08:39

MUDRA helped in generation of large-scale employment opportunities at grassroots level and also proved a game changer while boosting Indian economy: Finance Minister Smt. Nirmala Sitharaman

Posted in Others | 3078 Views

RBI keeps repo rate unchanged at 6.5%

07 April 2023 at 08:47

Keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.50 per cent.

Posted in Others | 3831 Views

RBI appoints Shri Neeraj Nigam as new Executive Director

04 April 2023 at 08:32

The Reserve Bank of India (RBI) has appointed Shri Neeraj Nigam as Executive Director (ED) with effect from April 03, 2023.

Posted in Others | 2913 Views

No charges on bank account-to-account transaction in UPI

29 March 2023 at 14:09

National Payment Corporation of India (NPCI) via its official Twitter handle has issued a statement clarifying that there is no charge to customers.

Posted in Others | 5178 Views

Cabinet hikes Dearness Allowance by 4% for central government employees & pensioners

25 March 2023 at 08:45

The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi, today has given its approval to release an additional instalment of Dearness Allowance to Central Governments employees and Dearness Relief to Pensioners with effect from 01.01.2023.

Posted in Others | 2922 Views

RBI directs banks to keep all branches open till 31st March for annual closing

23 March 2023 at 08:32

With the annual closing of accounts just 10 days away and the financial year 2022–23 coming to a close, the Reserve Bank of India (RBI) has directed all banks to keep their branches open until the end of the working hours on March 31.

Posted in Others | 1 comments | 6021 Views

Paradigm shift in digital transactions in India during last 4 years since 2018-19

14 March 2023 at 08:37

Paradigm shift in digital transactions in India with growth of more than 200% in digital payment volume during the last four years since 2018-19

Posted in Others | 2505 Views