Community & General News

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 Community & General | 3918 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 Community & General | 2985 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 Community & General | 5313 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 Community & General | 2970 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 Community & General | 1 comments | 6165 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 Community & General | 2541 Views

National Pension System (NPS) subscription witnesses 22.88% growth YoY in FY 23

11 March 2023 at 08:49

624.81 lakh National Pension System (NPS) subscribers, with Y-o-Y growth of 22.88%

Posted in Community & General | 2301 Views

RBI asks banks, NBFCs to promote digital payments

07 March 2023 at 07:41

Launched in 2016, UPI has emerged as the most popular and preferred payment mode in India pioneering Person to Person (P2P) as well as Person to Merchant (P2M) transactions in India accounting for 75% of the total digital payments.

Posted in Community & General | 2985 Views

Shri S.S. Dubey takes charge as CGA

07 March 2023 at 07:45

Shri S.S. Dubey took charge as the Controller General of Accounts (CGA) here today. Shri Dubey is the 28th Controller General of Accounts (CGA), Ministry of Finance, Government of India.

Posted in Community & General | 6426 Views

RBI launches 2 surveys to gather useful inputs for monetary policy

02 March 2023 at 14:30

The Reserve Bank of India on Wednesday launched two key surveys, results of which provide "useful inputs" for the central bank's bi-monthly monetary policy.

Posted in Community & General | 2397 Views