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All steps are being taken to ensure ATMs are supplied with cash says Govt

   18 April 2018 at 11:29

Government reviews the currency circulation in the countryGovernment and RBI have taken all steps to meet unusual demand of the currencyAdequate reserves of currency to meet the rising demandsNon FunctionalATMS to be normalized soonThere are reports

Posted in Others |   3936 Views


RBI keeps repo rates unchanged

   06 April 2018 at 11:22

Government of India welcomes the First bi-monthly Statement of FY 2018-19 of the Monetary Policy Committee (MPC).The Ministry of Finance, Government of India welcomes the First bi-monthly Statement of the Monetary Policy Committee (MPC) in the Financ

Posted in Others |   2196 Views


KYC Requirement for Customers Using Mobile Wallets

   29 March 2018 at 12:12

As per Reserve Bank of India (RBI)’s related Master Direction dated October 11, 2017 as updated on December 29, 2017, since Prepaid Payment Instruments (PPI) Issuers are operating a payment system, provisions of Prevention of Money Laundering A

Posted in Others  1 comments |   3705 Views


Rate on small savings schemes upto 31st March 2018

   23 March 2018 at 11:22

The revised Rates of Interest on various Small Savings Schemes Including Saving Deposits, Public Provident Fund, Kisan Vikas Patra and Sukanya Samriddhi Accounts Scheme for the 4th Quarter of financial year 2017-18 is as below: Instrument

Posted in Others |   3084 Views


Cabinet approves two percent Dearness Allowance to Central Government employees

   08 March 2018 at 11:25

The Union Cabinet chaired by Prime Minister Shri Narendra Modi has given its approval to release an additional instalment of Dearness Allowance (DA) to Central Government employees and Dearness Relief (DR) to pensionersw.e.f. 01.01.2018 representing

Posted in Others |   2292 Views


Cabinet approves the Arbitration and Conciliation (Amendment) Bill, 2018

   08 March 2018 at 11:25

The Union Cabinet chaired by Prime Minister Shri Narendra Modi has approved the Arbitration and Conciliation (Amendment) Bill, 2018 for introduction in the Parliament. It is a part of the efforts of the Government to encourage institutional arbitrati

Posted in Others |   2478 Views


Govt constitutes steering committee on Fintech

   06 March 2018 at 11:08

The Government constitutes a Steering Committee on Fintech related issues to consider various issues relating to development of Fintech space in India with a view to make Fintech related regulations more flexible and generate enhanced entrepreneurshi

Posted in Others |   2172 Views


Cabinet approves Fugitive Economic Offenders Bill

   03 March 2018 at 12:22

01-March-2018 18:55 ISTPress Information BureauGovernment of IndiaMinistry of FinanceCabinet approves Fugitive Economic Offenders Bill, 2018Offences worth Rs.100 crore or more under the Bill Property of Fugitive Economic Offenders to be attachedThe U

Posted in Others  1 comments |   2664 Views


Not prudent to draw conclusion against profession in PNB scam : ICAI

   26 February 2018 at 12:26

As per framework of governance, standard setting and disciplinary mechanism prescribed in the Chartered Accountants Act, 1949, a strong public interest oversight mechanism is inherent in ICAI structure since 8 Central Council Members on the Central C

Posted in Others  2 comments |   8598 Views


Steps initiated by ICAI on Punjab National Bank Matter

   17 February 2018 at 17:42

The attention of Institute of Chartered Accountants of India (ICAI) has been drawn to various media reports highlighting the irregularity happened in Punjab National Bank (PNB) revealing that the Bank has detected a $1.77 billion (about Rs.11,400 cro

Posted in Others  2 comments |   11073 Views



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