The Reserve Bank of India (RBI) had announced the withdrawal of Rs 2000 denomination banknotes from circulation vide Press Release 2023-2024/257 dated May 19, 2023. T
The Ministry of Finance has recently announced revisions to the interest rates on various Small Savings Schemes for the fourth quarter of the financial year 2023-24. These changes, set to take effect from January 1, 2024, and extend through March 31,
Clarification regarding Guidelines issued by RBI for Appointment of SCAs/SAs of Commercial Banks (Excluding RRBs), UCBs and NBFCs (including HFCs)
Minister of State for Finance Bhagwat Karad disclosed that the RBI has imposed penalties totaling Rs 40.39 crore on various financial entities, including banks, NBFCs and others, during the FY 2022-23.
UPI transactions grew from ₹ 1 lakh crore in FY 2017-18 to ₹ 139 lakh crore in FY 2022-23 in value, at a CAGR of 168%
Keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.50 per cent.
Government Proposes Time Limit for First-time Digital Transactions to Combat Online Payment Frauds
Ministry of Finance Extends Vivad se Vishwas II Scheme Deadline for Government Contract Disputes
The Reserve Bank of India (RBI) has appointed Shri Manoranjan Mishra as Executive Director (ED) with effect from November 01, 2023.
The facility for deposit and / or exchange of the ₹2000 banknotes was available at all bank branches in the country initially upto September 30, 2023, which was later extended upto October 07, 2023.
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