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Highlights: Economic Outlook 2012-13

   17 August 2012 at 12:48

Dr. C. Rangarajan, Chairman, Economic Advisory Council to the Prime Minister released the document ‘Economic Outlook 2012-13’ at a Press Conference in New Delhi today. Following are the highlights of the document: Ø Economy t

Posted in Others  2 comments |   16593 Views


Premature Repayment of Term/Fixed Deposits in banks with "Either or Survivor or "Former or Survivor" mandate - Clarification

   17 August 2012 at 12:34

RBI/2012-13/168 DBOD No. Leg. BC. 37/09.07.005/2012-13 August 16, 2012 All Scheduled Commercial Banks (excluding RRBs) Dear Sir Premature Repayment of Term/Fixed Deposits in banks with Either or Survivor or Former or S

Posted in Others  1 comments |   10455 Views


Stipulation of compensation for delay in Clearance of Local Cheques

   14 August 2012 at 11:59

RBI/2012-13/165 DPSS.CO.CHD.No.284/03.06.03/2012-13 August 13, 2012 The Chairman and Managing Director / Chief Executive Officer All Scheduled Commercial Banks including RRBs / Urban Co-operative Banks / State Co-operative Banks / District

Posted in Others |   9165 Views


Initiatives taken by the Investigation Division of Central Board of Direct Taxes (CBDT) for unearthing black money

   10 August 2012 at 19:10

Initiatives Taken by the Government for Unearthing and Curbing Black Money: A Fact Sheet Initiatives taken by the Investigation Division of Central Board of Direct Taxes (CBDT) for unearthing black money :

Posted in Others  6 comments |   9990 Views


New Services in Banks Priority Area

   10 August 2012 at 12:54

The Reserve Bank of India (RBI) has, revised its guideline on Priority Sector Lending (PSL) on 20.07.2012. The details of important changes in the activities included in the revised Priority Sector Lending guidelines are as under: •

Posted in Others  1 comments |   8493 Views


Government Sets up Investment Tracking System

   09 August 2012 at 12:02

Government has set up an Investment Tracking System Projects with an investment of Rs. 1000 crore and above. The purpose of this mechanism is to periodically monitor implementation of projects and identify systemic issues and attempt to have been

Posted in Others |   9012 Views


Directorate of Enforcement issues Show Cause Notices for Alleged Contravention of Foreign Exchange Management Act (FEMA), 1999

   09 August 2012 at 12:02

The Directorate of Enforcement has issued Show Cause Notice for alleged contravention of Foreign Exchange Management Act, 1999 (FEMA) and the cases of prima-facie, offence of money laundering registered under Prevention of Money Laundering Act, 20

Posted in Others |   7965 Views


The First Mile Walk into Financial Inclusion- Thinking Differently

   09 August 2012 at 11:58

(Address by Dr. K. C. Chakrabarty, Deputy Governor, Reserve Bank of India at the Inaugural Session of the Financial Inclusion Conference 2012 “The First Mile Walk into the Financial System” organized by FICCI and Sa-Dhan at New Delhi o

Posted in Others |   7290 Views


FM Confident of Bringing Economy Back on Desired Track; Gives an Overview of Map for Recovery

   07 August 2012 at 11:32

The Union Finance Minister, Shri P. Chidambaram has said that uppermost in his mind is the duty to re-gain the confidence of all stakeholders. Assuring that inflation can be moderated in the medium term, he said that the Government will work with

Posted in Others |   3708 Views


CWA - President Communique for August, 2012

   03 August 2012 at 10:58

I am starting this journey with the good wishes of all my seniors and colleagues who have all along inspired and motivated me to work passionately for the Institute over the years.

Posted in Others  2 comments |   6333 Views



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