Others News

Bengaluru Court Orders FIR Against FM Nirmala Sitharaman Over Electoral Bonds Allegations

28 September 2024 at 17:07

A court in Bengaluru has stirred controversy by directing to register an FIR against Union Finance Minister Smt. Nirmala Sitharaman on Friday, the 27th September.

Posted in Others | 3825 Views

DFS drives expansion of digital payments in India and abroad

21 September 2024 at 06:52

Digital payment transactions volume grew to 18,737 crore in FY 2023-24 from 2,071 crore in FY 2017-18 at Compounded Annual Growth Rate (CAGR) of 44%; with value of transactions at ₹3,659 lakh crore in FY23-24 from ₹1,962 lakh crore in FY17-18 at CAGR

Posted in Others | 219 Views

Banking Liquidity Set to Decline Amid Advance Tax and GST Outflows This Week

17 September 2024 at 09:11

The banking system, after enjoying a liquidity surplus for over two months, is expected to move into deficit this week due to advance tax payments and GST outflows, according to market experts. As of Thursday, the liquidity surplus stood at Rs 1.96 t

Posted in Others | 327 Views

Banking Laws Bill 2024: Tenure of Cooperative Banks' Directors Extended to 10 Years

12 August 2024 at 09:01

The Banking Laws (Amendment) Bill, 2024, recently tabled by Finance Minister Nirmala Sitharaman in Parliament, aims to bring significant changes to the banking sector.

Posted in Others | 1620 Views

RBI Keeps Repo Rate Unchanged At 6.5% for 9th time in a Row

08 August 2024 at 16:30

On the basis of an assessment of the current and evolving macroeconomic situation, the MPC at its meeting today (August 8, 2024) decided to: Keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.50 per cent.

Posted in Others | 234 Views

RBI Proposes New Authentication Measures to Enhance Digital Transaction Security

03 August 2024 at 09:09

In a move to bolster the security of digital transactions, the Reserve Bank of India (RBI) has proposed new guidelines aimed at introducing additional layers of authentication.

Posted in Others | 279 Views

Shri Pankaj Chaudhary takes charge as Minister of State for Finance in Ministry of Finance

13 June 2024 at 09:05

Shri Pankaj Chaudhary took charge as the Minister of State for Finance in his second consecutive term in the Ministry of Finance, in New Delhi on June 11, 2024

Posted in Others | 234 Views

Nirmala Sitharaman Reappointed as Finance Minister in Modi's Third Cabinet

11 June 2024 at 08:58

In a significant move, Prime Minister Narendra Modi's government has reappointed Nirmala Sitharaman as the Finance Minister. The official announcement came on June 10, a day after the ministers took the oath alongside Modi.

Posted in Others | 2661 Views

Repo Rate Unchanged at 6.5% as RBI Elevates FY25 GDP Growth Outlook to 7.2%

07 June 2024 at 15:55

RBI keeps repo rate unchanged, hikes FY25 GDP growth forecast

Posted in Others | 264 Views

RBI: Rs 7755 Crore in Rs 2000 Notes Still with Public

06 June 2024 at 08:56

The total value of ₹2000 banknotes in circulation, which was ₹3.56 lakh crore at the close of business on May 19, 2023, when the withdrawal of ₹2000 banknotes was announced, has declined to ₹7755 crore at the close of business on May 31, 2024.

Posted in Others | 363 Views