Others News

Expert Committee on Variable Capital Company submits its report to the IFSCA

01 June 2021 at 22:28

Dr. K.P. Krishnan headed expert committee on Variable Capital Company has submitted its report on the feasibility of Variable Capital Companies in the International Financial Services Centres to the Chairperson of IFSCA, Shri. Injeti Srinivas.

Posted in Others | 1173 Views

RBI clarifies banks cannot prohibit dealing in cryptocurrency

01 June 2021 at 06:33

RBI has issued a clarification for banks and the general public at large, stating that its earlier circular on the prohibition of usage of virtual currencies is no longer valid as the same was set aside by the Supreme Court on 4th March 2020.

Posted in Others | 9054 Views

Highlights of the Monthly Review of Accounts of Union GoI for the month of April 2021 for the FY 2021-22

31 May 2021 at 19:05

GoI has received Rs. 1,47,991 crore (7.49% of corresponding BE 21-22 of Total Receipts) for April 2021 comprising Rs. 1,30,811 crore Tax Revenue (Net to Centre), Rs. 16,808 crore of Non Tax Revenue and Rs. 372 crore of Non Debt Capital Receipts.

Posted in Others | 1071 Views

Highlights of the Accounts of the Union GoI (Provisional/Unaudited) for the FY 2020-21

31 May 2021 at 19:04

GoI has received Rs. 16,89,720 crore (105.50% of corresponding RE 20-21 of Total Receipts) during 2020-21 comprising Rs 14,24,035 crore Tax Revenue, Rs. 2,08,059 crore of Non Tax Revenue and Rs. 57,626 crore of Non Debt Capital Receipts.

Posted in Others | 981 Views

RBI releases the Annual Report for the year 2020-21

28 May 2021 at 06:21

The Report covers the working and functions of the Reserve Bank for the transition period of nine months (July 2020 - March 2021) following the decision to change its accounting year from July-June to April-March.

Posted in Others | 1263 Views

PFRDA announces crossing the milestone of Rs 6 trillion of Assets Under Management under NPS and APY

26 May 2021 at 18:36

The Pension Fund Regulatory and Development Authority announces crossing the milestone of Rs 6 lakh crore of Assets Under Management under the National Pension System and Atal Pension Yojana, after 13 years.

Posted in Others | 1134 Views

Constitution of an Expert Committee on Investment Funds

25 May 2021 at 22:26

IFSCA, with a special focus on ease of doing business, has constituted an Expert Committee on Investment Funds to recommend to IFSCA on the road map for the funds industry in the IFSCs.

Posted in Others | 1533 Views

RBI Governor advises private banks to ensure continuity in the provision of various financial services

25 May 2021 at 20:16

The Governor, RBI held a meeting with the MD & CEOs of select Private Sector Banks on May 25, 2021, and advised them to ensure continuity in the provision of various financial services including credit facilities to individuals and businesses.

Posted in Others | 1002 Views

Cabinet approves MoUs entered into by ICoAl and ICSI with Foreign Countries/Organisations

25 May 2021 at 18:31

The signed MoUs would help in the advancement of the goals on equity, public accountability and innovation among the beneficiaries countries.

Posted in Others | 1404 Views

GoI Condemns False Reporting on Cairn Legal Dispute

23 May 2021 at 16:21

GoI has strongly condemned the false reporting in certain media by some vested interests claiming that the Government of India has purportedly asked state-owned banks to withdraw funds from foreign currency accounts abroad.

Posted in Others | 1563 Views