Others News

Active customers doubled on digital channels from 3.4 crore in FY 2019-20 to 7.6 crore in FY 2020-21

28 July 2021 at 06:21

Financial transactions undertaken through home and mobile channels increased from 29% in FY 2018-19 to 76% in FY 2020-21. Nearly 72% of financial transactions of PSBs done through digital channels.

Posted in Others | 975 Views

Rs 24,356 crore of unclaimed deposit lying with SCBs as on 31st Dec 20

27 July 2021 at 20:29

As per information received from the Reserve Bank of India, the total amount of unclaimed deposits of Scheduled Commercial Banks was Rs. 24,356 crore, as on 31.12.2020. Unclaimed deposits have increased by Rs. 5,977 crore in the year 2020.

Posted in Others | 2832 Views

320 foreign companies registered in India between 2018 and 2021

27 July 2021 at 20:21

A total of 320 foreign companies registered in the country during the last three years. This was stated by Union Minister of State for Corporate Affairs Shri Rao Inderjit Singh in a written reply to a question in Rajya Sabha.

Posted in Others | 1200 Views

Norms fixed for implementation of Ease of Doing Business in the country

27 July 2021 at 06:30

Shri Pankaj Chaudhary stated that 20 states were allowed additional borrowing of Rs 39,521 crore during 2020-21 for implementation of EoDB reform and it is a continuous process and its outcome would be visible in due course.

Posted in Others | 1365 Views

Initiatives under Make in India and Startup Programmes

24 July 2021 at 06:12

Make in India initiative has made significant achievements and presently focuses on 27 sectors under Make in India 2.0. Startup India initiative generates more than 26000 employment in Tamil Nadu in three years.

Posted in Others | 1263 Views

Nearly 72% of financial transactions of PSBs done through digital channels

19 July 2021 at 21:59

Minister of State for Finance - Dr Bhagwat Kisanrao Karad in a written reply to a question in the Lok Sabha stated that the share of financial transactions undertaken through home and mobile channels increased from 29% in FY 2018-19 to 76% in FY 2020-21.

Posted in Others | 1083 Views

GoI provides Financial assistance for developing COVID-19 vaccine

19 July 2021 at 21:54

Shri Pankaj Chaudhary stated that financial support was provided to nearly nine private industries for the development of vaccines for COVID-19, whereby an amount of Rs. 489 crore has been allocated and an amount of Rs. 148 crore has been disbursed.

Posted in Others | 1239 Views

GoI provides funds to the state governments for its development

19 July 2021 at 21:50

GoI provided funds to the State Governments under the Centrally Sponsored Schemes, Central Sector Schemes, Finance Commission grants and Other Grants /Loans/Transfers as per the guidelines of the respective Scheme.

Posted in Others | 1227 Views

Bad Bank launched for stressed assets as a measure to clean up bank books

19 July 2021 at 21:42

The Government has launched a Bad Bank with all the regulatory approvals in place. This was stated by Minister of State for Finance Dr Bhagwat Kisanrao Karad in a written reply to a question in the Lok Sabha.

Posted in Others | 1023 Views

Reserve Bank of India takes supervisory action on Mastercard Asia / Pacific Pte. Ltd

15 July 2021 at 06:40

The Reserve Bank of India (RBI) has today imposed restrictions on Mastercard Asia / Pacific Pte. Ltd. (Mastercard) from on-boarding new domestic customers (debit, credit or prepaid) onto its card network from July 22, 2021.

Posted in Others | 5118 Views