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41.75 accounts opened under Pradhan Mantri Jan Dhan Yojana

   09 February 2021 at 05:38

As reported by PSBs [including sponsored Regional Rural Banks (RRBs)] and 14 major Private Sector Banks, as on 27.01.2021, a total number of 41.75 crore accounts have been opened under PMJDY out of which 35.96 crore accounts are operative.

Posted in Others |   1260 Views


Monetary Policy Statement, 2020-21

   05 February 2021 at 13:38

Monetary Policy Statement 2020-21 released as per the decisions taken by the Monetary Policy Committee (MPC) in its meeting on 5th February 2021.

Posted in Others |   1290 Views


Statement on Developmental and Regulatory Policies

   05 February 2021 at 13:38

Developmental and regulatory policy measures on (i) liquidity management and support to targeted sectors; (ii) regulation and supervision (iii) deepening financial markets; (iv) upgrading payment and settlement systems and (v) consumer protection.

Posted in Others |   1104 Views


RBI Governor's Statement, February 5, 2021

   05 February 2021 at 12:14

Going forward, the Indian economy is poised to move in only one direction and that is upwards. It is our strong conviction, backed by forecasts, that in 2021-22, we would undo the damage that COVID-19 has inflicted on the economy.

Posted in Others |   1086 Views


Andhra Pradesh becomes the 2nd State to undertake Power Sector reforms

   05 February 2021 at 05:54

The State has been granted permission to mobilize Rs. 9,190 crore for undertaking reforms in four citizen-centric areas.

Posted in Others |   1380 Views


Monthly Review of Accounts of Union GoI for the FY 2020-21

   29 January 2021 at 19:53

The Monthly Account of the Union Government of India upto the month of  December, 2020 has been consolidated and reports published.

Posted in Others |   1473 Views


NALCO makes buyback offer of its equity shares

   29 January 2021 at 05:47

NALCO has made an offer for Buyback of its Equity Shares for an amount upto Rs 749 Crore. As the promoter, GoI has decided to participate in the Buyback to the extent that GOI equity remains at least 51%.

Posted in Others |   2499 Views


RBI releases framework for strengthening grievance redress mechanism in banks

   28 January 2021 at 11:51

RBI had announced in the ‘Statement on Developmental and Regulatory Policies’ issued as part of the Monetary Policy statement dated December 4, 2020

Posted in Others |   1161 Views


RBI releases Booklet on Payment Systems in India

   27 January 2021 at 19:11

This Booklet captures the transformation of India in the sphere of payment and settlement systems from 2010 to 2020.

Posted in Others |   2358 Views


No withdrawal of Rs.100, 10 & 5 banknotes, says RBI

   25 January 2021 at 22:29

With regard to reports in certain sections of media on withdrawal of old series of ₹100, ₹10 & ₹5 banknotes from circulation in near future, it is clarified that such reports are incorrect.

Posted in Others |   3606 Views