Community & General News
Debit card charges below Rs 2000 will be subsidised by Govt
18 December 2017 at 10:56Cabinet 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
Exposure draft guidance note on Audit of Banks 2018
15 December 2017 at 11:10Knowledge 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
Provisions of the FRDI bill meant to protect interest of depositors
08 December 2017 at 10:33Provisions 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
FM asks officers of Revenue intelligence to keep pace with technology
07 December 2017 at 12:20FM: 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
Highlights of the foreign trade policy 2015-2020
06 December 2017 at 10:59Highlights of the foreign trade policy 2015-2020
Estimated GDP growth increases to 6.3 percent
01 December 2017 at 11:05FM: 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.
Competition commission issues order against BCCI for abuse of dominant position
30 November 2017 at 11:04Competition 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
Draft Bank MEF made available upto 4th Dec
29 November 2017 at 11:40Draft 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.
Constitution of Fifteenth Finance Commission Notified
28 November 2017 at 11:05The 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
No proposal to withdraw Bank Chequebook facility clarifies Govt
24 November 2017 at 11:14In a section of the media, it has appeared that there is a possibility that the Central Government may withdraw bank cheque book facility in the near future, with an intent to encourage digital transactions. It is denied that there is any proposal un
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