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FM Nirmala Sitharaman participates in Governor's Seminar as part of ADB's annual meeting 2021

   03 May 2021 at 21:42

The Finance Minister mentioned that overall, enhanced regional and global cooperation is the key to become successful in our common pursuit of resilient recovery.

Posted in Others |   930 Views


Shri T. Rabi Sankar appointed as RBI Deputy Governor

   03 May 2021 at 17:39

In pursuance of the Government of India notification dated May 03, 2021, Shri T. Rabi Sankar took over as the Deputy Governor of Reserve Bank of India today for a period of three years or until further orders, whichever is earlier.

Posted in Others |   1758 Views


1st instalment of Rs. 8873.6 crore for State Disaster Response Fund (SDRF) released in advance

   03 May 2021 at 04:18

Ministry of Finance at the recommendation of the Ministry of Home Affairs has released in advance of the normal schedule, the 1st instalment of the Central Share of SDRF for 2021-22 to all the States. An amount of Rs.8873.6 crore has been released.

Posted in Others |   1050 Views


GoI Facilitates faster imports of key medical devices by relaxing the conditions for clearances under Legal Metrology

   01 May 2021 at 06:12

Considering the present pandemic situation of COVID-19 and for meeting the demand for medical devices, GoI has permitted the importers of medical devices to import certain categories of medical devices for three months from 28.04.2021 onwards.

Posted in Others |   1221 Views


SIDBI launches quick delivery schemes for COVID preparedness

   01 May 2021 at 05:31

SIDBI, considering the current distress caused by COVID 19 and being a national emergency has devised aforesaid schemes to cater to help assist health care service providers fight the pandemic.

Posted in Others |   1077 Views


RBI | Guidelines for Appointment of Statutory Central Auditors of Commercial Banks, UCBs and NBFCs

   01 May 2021 at 05:14

The Reserve Bank of India has released the Guidelines for Appointment of Statutory Central Auditors (SCAs)/Statutory Auditors (SAs) of Commercial Banks (excluding RRBs), UCBs and NBFCs (including HFCs).

Posted in Others |   3540 Views


Government of India to provide Rs 15,000 crore to States for Capital Expenditure

   30 April 2021 at 16:14

GoI has decided to provide an additional amount of up to Rs 15,000 crore to States as interest free 50 year loan for spending on capital projects. Fresh Guidelines for “Scheme of Financial Assistance to States for Capital Expenditure” have been issued.

Posted in Others |   1674 Views


Committee on Asset Reconstruction Companies, RBI invites views and suggestions from stakeholders

   29 April 2021 at 05:05

The Committee invites views and suggestions on certain aspects from ARCs, market participants and other stakeholders. These may be emailed latest by May 31, 2021, via email with the subject line ‘Suggestions – Committee on ARCs’.

Posted in Others |   1056 Views


PM CARES to fund 1 lakh portable oxygen concentrators

   28 April 2021 at 20:40

500 more PSA oxygen plants, based on technology developed by DRDO, sanctioned under PM CARES. The Oxygen Concentrators & PSA Plants will greatly augment the supply of oxygen near the demand clusters.

Posted in Others |   2811 Views


RBI issues advisory on Appointment of Directors and Constitution of Committees of the Board in banks

   27 April 2021 at 05:29

Advisory with regard to the Chair and meetings of the board, the composition of certain committees of the board, age, tenure and remuneration of directors, and appointment of the whole-time directors (WTDs) have been issued by RBI.

Posted in Others |   3114 Views



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