Others News

Revised Interest Rates Announced on Small Savings Schemes for Q4 2023-24

30 December 2023 at 16:11

The Ministry of Finance has recently announced revisions to the interest rates on various Small Savings Schemes for the fourth quarter of the financial year 2023-24. These changes, set to take effect from January 1, 2024, and extend through March 31,

Posted in Others | 4671 Views

RBI Unveils Clarifications on Appointment Guidelines for SCAs/SAs in Banks and NBFCs

28 December 2023 at 15:23

Clarification regarding Guidelines issued by RBI for Appointment of SCAs/SAs of Commercial Banks (Excluding RRBs), UCBs and NBFCs (including HFCs)

Posted in Others | 2133 Views

RBI imposed Rs 40.39 crore worth of Penalties on Banks, NBFCs & Others in FY 2022-23

20 December 2023 at 09:46

Minister of State for Finance Bhagwat Karad disclosed that the RBI has imposed penalties totaling Rs 40.39 crore on various financial entities, including banks, NBFCs and others, during the FY 2022-23.

Posted in Others | 4956 Views

UPI Transactions Soar to Rs 139 Lakh Crore in FY 2022-23 with Impressive 168% CAGR Growth

19 December 2023 at 07:10

UPI transactions grew from ₹ 1 lakh crore in FY 2017-18 to ₹ 139 lakh crore in FY 2022-23 in value, at a CAGR of 168%

Posted in Others | 2019 Views

RBI Keeps Repo Rate Unchanged At 6.50 percent

09 December 2023 at 08:49

Keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.50 per cent.

Posted in Others | 2724 Views

Proposal of 4-Hour Delay for Initial UPI Transfers Over Rs 2000 to Combat Fraud

29 November 2023 at 08:55

Government Proposes Time Limit for First-time Digital Transactions to Combat Online Payment Frauds

Posted in Others | 2817 Views

Vivad se Vishwas II Scheme Deadline Extended to 31st Dec 2023 for Claim Submissions

16 November 2023 at 08:53

Ministry of Finance Extends Vivad se Vishwas II Scheme Deadline for Government Contract Disputes

Posted in Others | 2703 Views

RBI appoints Shri Manoranjan Mishra as new Executive Director

02 November 2023 at 15:09

The Reserve Bank of India (RBI) has appointed Shri Manoranjan Mishra as Executive Director (ED) with effect from November 01, 2023.

Posted in Others | 2835 Views

Rs 2000 notes continue to be legal tender

02 November 2023 at 15:08

The facility for deposit and / or exchange of the ₹2000 banknotes was available at all bank branches in the country initially upto September 30, 2023, which was later extended upto October 07, 2023.

Posted in Others | 7884 Views

CA Ashok Vaswani appointed as new MD & CEO of Kotak Mahindra Bank

22 October 2023 at 11:05

The Reserve Bank of India (RBI) has approved the appointment of Ashok Vaswani as the bank's next MD & CEO.

Posted in Others | 6090 Views