The Government, Reserve Bank of India (RBI) and National Payment Corporation of India (NPCI) have been taking up various initiatives to promote digital payment transactions.
RBI reports that RS 2000 banknotes in circulation have declined from Rs 3.56 lakh crore to Rs 6,017 crore as of July 31, 2025 marking a 98.31% return rate. Rs 2000 notes remain legal tender.
The Ministry of Finance has notified a 0.1% concessional government guarantee fee for NaBFID borrowings from multilateral and foreign institutions, boosting access to low-cost funds for infrastructure development.
Ministry of Finance, has strongly refuted media reports suggesting that it has instructed banks to close inactive accounts under the Pradhan Mantri Jan Dhan Yojana (PMJDY).
As of June 30, 2025, only Rs 6,099 crore worth of Rs 2000 notes remain in circulation, a dramatic decline from the Rs 3.56 lakh crore recorded on May 19, 2023.
The Ministry of Finance has officially announced the release of two special commemorative coins, celebrating two significant events in India's cultural and statistical legacy.
Government Notifies Voluntary Use of Aadhaar Authentication by IBPS for Candidate Verification in Examinations conducted by it
The Ministry of Finance has notified the release of a special commemorative Rs 50 silver coin to celebrate the Golden Year of the Official Language Department, as per Gazette Notification No. G.S.R. 412(E) dated June 25, 2025.
Centre Extends Unified Pension Scheme Option Window for Employees, Retirees & Spouses
ULI to Reshape India's Credit Landscape: DFS-RBI Joint Meeting Charts Integration Roadmap
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