Others News


Special window for Affordable & mid income housing Fund(SWAMIH) to provide relief to homeowners - FM

   12 December 2020 at 10:30

As a part of #AatmaNirbharBharat Abhiyaan additional borrowing limit of up to 2% of Gross State Domestic Product (GSDP) was allowed to the States for the year 2020-21, equivalent to Rs. 4,27,302 crores.

Posted in Others |   2076 Views


FM announces Rs 3 lakh Crores Collateral-Free Guaranteed Loans for MSMEs

   11 December 2020 at 10:29

Rs 3 lakh cr Collateral-Free Guaranteed Loans – Budgetary provision of Rs.4000 crore made for the Scheme in First Supplementary Demand for Grants for FY 2020-21.

Posted in Others |   2403 Views


RTGS 24*7*365 to be launched w.e.f 14th December 2020

   10 December 2020 at 11:14

RTGS 24x7x365 will be launched with effect from 00:30 hours on December 14, 2020. India will become one of the few countries in the world to operate its RTGS system round the clock throughout the year.

Posted in Others  2 comments |   4707 Views


FM addresses the 13th Plenary Meeting of the Global Forum on Transparency and Exchange of Information for Tax Purposes

   10 December 2020 at 10:14

Finance Minister Smt. Nirmala Sitharaman addressed the 13th Plenary Meeting of the Global Forum on Transparency and Exchange of Information for Tax Purposes as the keynote speaker.

Posted in Others |   1401 Views


RBI releases Draft Circular on Declaration of Dividend by NBFCs

   10 December 2020 at 10:14

rbi has released the Draft Circular on Declaration of Dividend by NBFCs. Comments on the Draft Circular are invited from NBFCs, industry participants, and other interested parties by December 24, 2020.

Posted in Others |   1803 Views


Reform linked borrowing permission of Rs.23,523 crores issued to 9 States

   09 December 2020 at 16:52

Reform linked borrowing permissions lead to various citizen centric reforms in the States. 9 States have successfully completed One Nation One Ration Card Reform.

Posted in Others |   1548 Views


Government announces schedule for the sale of government securities

   08 December 2020 at 10:24

Auction for Sale (Re-issue) of ‘3.96% GS 2022’, Auction for Sale (Re-issue) of ‘5.15% GS 2025’, Auction for Sale (Re-issue) of ‘5.85% GS 2030’ and Auction for Sale (Re-issue) of ‘6.80% GS 2060’

Posted in Others |   3027 Views


Limit for Contactless Cards and UPI Payments to be increased from January 1, 2021

   05 December 2020 at 10:55

RBI leaves policy rates unchanged, the accommodative stance of monetary policy to continue as long as necessary. RBI Governor Announces Set of Measures to Revive Economy.

Posted in Others |   4410 Views


RBI releases Draft Directions on Money Market Instruments under Section 45 W of the RBI Act, 1934

   05 December 2020 at 10:08

Comments on the Draft Directions are invited from banks, market participants, and other interested parties by January 31, 2021.

Posted in Others |   1827 Views


Union FM Smt. Nirmala Sitharaman inaugurates DRI's 63rd Founding Day Celebrations

   04 December 2020 at 18:02

FM Smt. Nirmala Sitharaman observed the 63rd Founding Day of the DRI, the apex anti-smuggling intelligence and investigation agency functioning under the aegis of the CBIC.

Posted in Others |   1428 Views