Community & General News


RBI releases Report on Trend and Progress of Banking in India 2019-20

   30 December 2020 at 11:34

This Report presents the performance of the banking sector, including co-operative banks, and non-banking financial institutions during 2019-20 and 2020-21 so far.

Posted in Community & General |   2529 Views


Central Government notifies Real Estate Agents as persons carrying on designated businesses or professions

   29 December 2020 at 11:02

The Central Government has notified that Real Estate Agents will be referred to as "persons carrying on designated businesses or professions".

Posted in Community & General |   2079 Views


PM releases the 7th installment of financial benefit under PM Kisan Samman Nidhi

   26 December 2020 at 17:15

The Prime Minister, Shri Narendra Modi today released the 7thinstalment of financial benefit under PM KisanSammanNidhi through a video conference. 9 crore farmer families get the benefit, 18000 crore Rs deposited via DBT.

Posted in Community & General |   1905 Views


RBI Cautions against unauthorized Digital Lending Platforms/Mobile Apps

   23 December 2020 at 16:01

Reserve Bank has also mandated that digital lending platforms which are used on behalf of Banks and NBFCs should disclose name of the Bank(s) or NBFC(s) upfront to the customers.

Posted in Community & General |   2334 Views


Ministry of Finance announces Auction for Sale (Re-issue) of Government Securities

   21 December 2020 at 13:23

The Department of Economic Affairs, Ministry of Finance has announced the Auction for Sale (Re-issue) of Government Securities together with the Method of Auction and Notified Amount for the same.

Posted in Community & General |   1842 Views


Shri Piyush Goyal launches India-Australia Economic Strategy Report

   21 December 2020 at 13:23

Says there is tremendous scope for Australian investment into India. With Bigger trade basket, Better trade basket and Balanced trade relationship, we can see huge & exponential growth in our trade relationship.

Posted in Community & General |   1296 Views


ADB, India sign facility to support preparation of infrastructure projects in Tripura

   21 December 2020 at 10:19

The Asian Development Bank (ADB) and the Government of India today signed a $4.21 million project readiness financing (PRF) facility for the preparation of infrastructure development projects to improve urban amenities and develop tourism infrastruct

Posted in Community & General |   1302 Views


ADB, India sign $300 million loan to upgrade power distribution network in Uttar Pradesh

   21 December 2020 at 10:19

The Asian Development Bank (ADB) and the Government of India today signed a $300 million loan to upgrade rural power distribution networks to provide reliable electricity supply to consumers in the state of Uttar Pradesh.

Posted in Community & General |   1047 Views


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

   21 December 2020 at 10:19

The result of the auctions will be announced on December 24, 2020 (Thursday) and payment by successful bidders will be on December 28, 2020 (Monday).

Posted in Community & General |   798 Views


Reform Linked Borrowing - Additional borrowing permission of Rs.16,728 crores granted to 5 states

   21 December 2020 at 10:19

Reform linked borrowing permissions are facilitating Ease of Doing Business reforms. 5 States completed stipulated reforms in Ease of Doing Business. Additional borrowing permission of Rs.16,728 crore granted.

Posted in Community & General |   969 Views



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