Others News

Govt gives the rationale for the FRDI bill 2017

03 January 2018 at 11:13

Financial Resolution and Deposit Insurance (FRDI) Bill, 2017 seeks to protect and enhance the depositors’ existing rights and bring in a comprehensive and efficient resolution regime for financial firms.Rationale for the Financial Resolution an

Posted in Others | 2661 Views

Debit card charges below Rs 2000 will be subsidised by Govt

18 December 2017 at 10:56

Cabinet approves subsidizing MDR charges on debit card/BHIM UPI/AePS transactions of value less than Rs.2000 The Union Cabinet chaired by Prime Minister Shri Narendra Modi has approved that the Merchant Discount Rate (MDR) applicable on all debit car

Posted in Others | 2553 Views

Exposure draft guidance note on Audit of Banks 2018

15 December 2017 at 11:10

Knowledge of the Banking Industry1.01 The banking industry is the backbone of any economy as it is essential for sustainable socio-economicgrowth and financial statements in the economy. There are different types of banking institutions prevailing in

Posted in Others | 3354 Views

Provisions of the FRDI bill meant to protect interest of depositors

08 December 2017 at 10:33

Provisions of the Financial Resolution and Deposit Insurance Bill, 2017 meant to protect interests of depositors The Financial Resolution and Deposit Insurance Bill, 2017 (FRDI Bill), introduced in the Lok Sabha on August 10, 2017, is presently under

Posted in Others | 3 comments | 2679 Views

FM asks officers of Revenue intelligence to keep pace with technology

07 December 2017 at 12:20

FM: Ask the officers of the Directorate of Revenue Intelligence (DRI) to keep pace with technology and use the latest technological tools such as data analytics in fighting the menace of smuggling of sensitive contraband items such as gold and narcot

Posted in Others | 2061 Views

Highlights of the foreign trade policy 2015-2020

06 December 2017 at 10:59

Highlights of the foreign trade policy 2015-2020

Posted in Others | 3279 Views

Estimated GDP growth increases to 6.3 percent

01 December 2017 at 11:05

FM: The deceleration trend in the overall growth which was witnessed since the First Quarter of last Fiscal Year has been now reversed; The acceleration in growth this Quarter has been helped by a rapid Growth in Manufacturing which increased from 1.

Posted in Others | 3825 Views

Competition commission issues order against BCCI for abuse of dominant position

30 November 2017 at 11:04

Competition Commission of India (CCI) issues order against Board of Control for Cricket in India (BCCI) for abuse of dominant position for imposing restriction that deny access to the market for organization of Professional Domestic Cricket League/ E

Posted in Others | 2499 Views

Draft Bank MEF made available upto 4th Dec

29 November 2017 at 11:40

Draft Bank Branch Auditors Panel(MEF) of Chartered Accountants/firms for the year 2017-18 has been prepared alongwith the category of the applicants. The Draft Panel contains the following: 1. MEF No.2. FRN No./MRN No.3.Concern Name4.Unique Code No.

Posted in Others | 3105 Views

Constitution of Fifteenth Finance Commission Notified

28 November 2017 at 11:05

The Government of India, with the approval President of India, has constituted Fifteenth Finance Commission in pursuance of clause (1) of article 280 of the Constitution, read with the provisions of the Finance Commission (Miscellaneous Provisions) A

Posted in Others | 2085 Views