Others News

MoS Finance Bhagwat Karad asks Banks to focus on Aspirational Districts yet to attain financial inclusion target

17 September 2021 at 05:52

PMJDY accounts reached everyone, even if the accounts were zero balance accounts. Even people who hesitated to enter the mainstream were also brought in and given confidence, with opening of their accounts, disbursing of RuPay Cards and insurance cover.

Posted in Others | 1164 Views

India and Singapore to link their Fast Payment Systems - Unified Payments Interface and PayNow

16 September 2021 at 08:35

The UPI-PayNow linkage will enable users of each of the two fast payment systems to make instant, low-cost fund transfers on a reciprocal basis without a need to get onboarded onto the other payment system.

Posted in Others | 1248 Views

11 States meet the target for capital expenditure in Q-1 of 2021-22

15 September 2021 at 05:48

Out of the net borrowing ceiling (NBC) of 4% of GSDP for the States for 2021-22, 0.50 percent of GSDP was earmarked for incremental capital expenditure to be incurred by the States during 2021-22.

Posted in Others | 1341 Views

RBI cautions against frauds in the name of KYC updation

14 September 2021 at 05:56

Members of the public are hereby cautioned not to share account login details, personal information, copies of KYC documents, card information, PIN, password, OTP, etc. with unidentified persons or agencies.

Posted in Others | 1116 Views

Finance Ministry releases Rs 9,871 cr to 17 states as revenue deficit grant

10 September 2021 at 05:47

The Fifteenth Finance Commission has recommended a total Post Devolution Revenue Deficit Grant of Rs. 1,18,452 crore to 17 States in the financial year 2021-22. Out of this, an amount of Rs. 59,226.00 crore (50%) has been released so far.

Posted in Others | 1566 Views

[FAKE] Pay Rs 12,500 and get Rs 4 crores 62 lakhs in Return

07 September 2021 at 05:52

"Pay Rs 12,500 and get Rs 4 crores 62 lakhs in return!" - Well, some things are just too good to be true. Fraudsters impersonate Government organisations to dupe people of money.

Posted in Others | 1998 Views

FM Nirmala Sitharaman chairs 24th meeting of Financial Stability and Development Council

04 September 2021 at 06:03

The meeting deliberated on the various mandates of the FSDC, viz., Financial Stability, Financial Sector Development, Inter-regulatory Coordination, Financial Literacy, Financial Inclusion, and Macro prudential supervision of the economy etc.

Posted in Others | 1137 Views

FM Nirmala Sitharaman leads Indian delegation in 11th UK-India Economic and Financial Dialogue

03 September 2021 at 05:52

The Indian delegation included Governor RBI, Chairman SEBI, Chairman IFSCA, Secretary Economic Affairs and others. The Dialogue, inter alia, covered discussions on economic cooperation on multilateral issues, including G20 and COP26.

Posted in Others | 1035 Views

Atal Pension Yojana total enrolments crossed 3.30 crore

02 September 2021 at 06:03

Under the Atal Pension Yojana, a guaranteed pension scheme of GoI and administered by PFRDA, more than 28 lakh new APY accounts have been opened during the current FY 2021-22. Overall, enrolments under APY has crossed 3.30 crore as on 25th August 2021.

Posted in Others | 1776 Views

FM Nirmala Sitharaman says improvement in health infrastructure will lead to confidence in revival of economy

01 September 2021 at 05:50

FM said that the second wave of COVID-19 pandemic sharply brought the need to focus and strengthen our medical and healthcare infrastructure so that we emerge stronger from any such healthcare crisis.

Posted in Others | 1 comments | 1260 Views