Others News

Ministry of Finance aims at re-strengthening economy through various reforms

18 January 2021 at 12:54

Demonstrating the commitment to improve the taxpayer services the Income Tax Department aims at making certain promises to the taxpayers for the year 2020-21 which will be discussed in the circulars.

Posted in Others | 2280 Views

Tamil Nadu becomes the 11th State to complete One Nation One Ration Card system reform

16 January 2021 at 08:07

Tamil Nadu has become the 11th State in the country to successfully undertake “One Nation One Ration Card system” reform. Additional borrowing permission of Rs.4,813 crore issued to Tamil Nadu.

Posted in Others | 1416 Views

Kerala becomes the 8th State to complete ease of doing business reforms

13 January 2021 at 16:52

The State has become eligible to mobilise additional financial resources of Rs.2,373 crore through Open Market Borrowings.

Posted in Others | 2268 Views

RBI releases the Financial Stability Report, January 2021

12 January 2021 at 10:11

RBI has released the 22nd issue of the Financial Stability Report (FSR), which reflects the collective assessment of the Sub-Committee of the Financial Stability and Development Council (FSDC).

Posted in Others | 3078 Views

RBI to conduct the revised Variable Rate Reverse Repo auction on January 15, 2021, Friday under the revised Liquidity Management Framework

09 January 2021 at 10:55

On February 06, 2020, the Reserve Bank had announced a revised Liquidity Management Framework that was simplified and clearly communicated the objectives and toolkit for liquidity management.

Posted in Others | 1587 Views

Norms on eligibility, empanelment and appointment of Statutory Branch Auditors in Public Sector Banks from the year 2020-21 and onwards

08 January 2021 at 17:53

The Reserve Bank of India releases Norms for selection of branches of Public Sector Banks (PSBs) for Statutory Audit and Procedure for appointment of Statutory Branch Auditors.

Posted in Others | 3759 Views

Madhya Pradesh and Andhra Pradesh get additional financial assistance of Rs.1004 crore for capital expenditure

07 January 2021 at 08:28

Madhya Pradesh and Andhra Pradesh have become the first group of States to complete three out of the four citizen centric reforms stipulated by the Department of Expenditure, Ministry of Finance.

Posted in Others | 1806 Views

Reserve Bank of India imposes monetary penalty on Bajaj Finance Ltd. and various banks

06 January 2021 at 10:26

The Reserve Bank of India has imposed a monetary penalty on Bajaj Finance Ltd, Maharashtra Nagari Sahakari Bank Maryadit, Latur and Vyavasayik Sahakari Bank Maryadit, Raipur.

Posted in Others | 2241 Views

Reserve Bank of India introduces the RBI-Digital Payments Index

02 January 2021 at 12:35

The Reserve Bank of India has constructed a composite Digital Payments Index (DPI) to capture the extent of digitization of payments across the country.

Posted in Others | 1734 Views

Year End Review - 2020 for Department for Promotion of Industry & Internal Trade

31 December 2020 at 16:16

To improve the Ease of Doing Business in the country, the emphasis has been on simplification and rationalization of the existing rules and introduction of information technology to make governance more efficient and effective.

Posted in Others | 1878 Views