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Government moves to enhance bank recapitalisation outlay to Rs. 1,06,000 crore in the current financial year PSBs to be furtherrecapitalised for thrust to banking sector as growth engine Better-performing PCA banks to be provided adequate capital for coming out of PCA Government today move..

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In exercise of the powers conferred by clause (a) of sub-section (1) read with sub-section (4) of Section 8 of the Reserve Bank of India Act 1934, the Central Government appointed Shri Shaktikanta Das, IAS Retd. (TN:80), former Secretary, Department of Economic Affairs, as Governor, Reserve Bank of ..

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Decision The Union Cabinet in its Meeting on 6th December, 2018 has approved the following proposal for streamlining the National Pension System (NPS). Enhancement of the mandatory contribution by the Central Government for its employees covered under NPS Tier-I from the existing ..

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Dr. Ajay Bhushan Pandey (IAS: MH 1984) took over as the Union Revenue Secretary upon superannuation of Dr Hasmukh Adhia here today. Outgoing Finance Secretary & Revenue Secretary, Dr Hasmukh Adhia welcomed Dr Pandey in his office. A Maharashtra cadre officer, Dr. Pandey will continue to head the..

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ICAI Multipurpose Empanelment Form (MEF) Application for the year 2018-19 Please visit the below link to see whether your DECLARATION RECEIVED OR NOT By PDF, ICAI https://meficai.org/index.php/click-at-the-mef-band-for-declaration-received-or-not-received/ ..

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The Central Government, based on a report received from the Regional Director, Mumbai, Ministry of Corporate Affairs, concluded that the affairs of IL&FS holding Company and its group companies are being conducted in a manner prejudicial to public interest. With a view to preventing further mism..

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Below recent developments that happened in Yes Bank : 1. Succession Planning:  The Bank is fully geared for the MD & CEO’s succession • Pursuant to the Board of Directors meeting dated September 25, 2018, the two external experts..

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[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]  Government of India Ministry of Corporate Affairs Notification  New Delhi, the 25th September, 2018  G.S.R.......(E).- In exercise of the powers conferred by section 247 read with sec..

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Shri Arun Jaitley addresses Chief Executives of Public Sector Banks (PSBs) at the Annual Review Meeting of PSBs Exhorts the banks to ensure all steps at their end to ensure clean lending and effective action in cases of fraud and wilful default The Union Minister of Finance and Corp[orate Affa..

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Government initiates consolidation - amalgamated entity to be India’s third largest bank First-ever three-way bank amalgamation process commences Government paves the way for amalgamated Public Sector Banks with global heft and business synergies for providing wider products & servic..

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