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RBI releases Draft Circular on Declaration of Dividend by NBFCs

   10 December 2020 at 10:14

rbi has released the Draft Circular on Declaration of Dividend by NBFCs. Comments on the Draft Circular are invited from NBFCs, industry participants, and other interested parties by December 24, 2020.

Posted in Others |   1752 Views


Reform linked borrowing permission of Rs.23,523 crores issued to 9 States

   09 December 2020 at 16:52

Reform linked borrowing permissions lead to various citizen centric reforms in the States. 9 States have successfully completed One Nation One Ration Card Reform.

Posted in Others |   1494 Views


Government announces schedule for the sale of government securities

   08 December 2020 at 10:24

Auction for Sale (Re-issue) of ‘3.96% GS 2022’, Auction for Sale (Re-issue) of ‘5.15% GS 2025’, Auction for Sale (Re-issue) of ‘5.85% GS 2030’ and Auction for Sale (Re-issue) of ‘6.80% GS 2060’

Posted in Others |   2892 Views


Limit for Contactless Cards and UPI Payments to be increased from January 1, 2021

   05 December 2020 at 10:55

RBI leaves policy rates unchanged, the accommodative stance of monetary policy to continue as long as necessary. RBI Governor Announces Set of Measures to Revive Economy.

Posted in Others |   4371 Views


RBI releases Draft Directions on Money Market Instruments under Section 45 W of the RBI Act, 1934

   05 December 2020 at 10:08

Comments on the Draft Directions are invited from banks, market participants, and other interested parties by January 31, 2021.

Posted in Others |   1779 Views


Union FM Smt. Nirmala Sitharaman inaugurates DRI's 63rd Founding Day Celebrations

   04 December 2020 at 18:02

FM Smt. Nirmala Sitharaman observed the 63rd Founding Day of the DRI, the apex anti-smuggling intelligence and investigation agency functioning under the aegis of the CBIC.

Posted in Others |   1314 Views


India, USA sign MoU on Intellectual Property cooperation

   04 December 2020 at 18:02

The Union Cabinet in its meeting dated 19.02.2020 gave the approval for signing the MoU with the United States Patent and Trademark Office (USPTO) in the field of IP Cooperation.

Posted in Others |   1368 Views


RBI keeps the policy repo rate unchanged at 4 percent

   04 December 2020 at 15:44

The Monetary Policy Committee met on 2nd, 3rd, and 4th December 2020. It reviewed current macroeconomic and financial developments, both domestic and global, and the evolving outlook for the Indian economy.

Posted in Others |   1059 Views


RBI issues a statement on Developmental and Regulatory Policies

   04 December 2020 at 15:44

This Statement sets out various developmental and regulatory policy measures to enhance liquidity support, deepen financial markets, conserve capital among banks, and facilitate external trade, etc.

Posted in Others |   1227 Views


DRI to have Virtual Panel Discussion on Trade Based Money Laundering

   04 December 2020 at 09:56

DRI is celebrating its 63rd Founding Day on Friday, the 4th of December, 2020. As part of this year’s Founding Day celebrations, a panel discussion on Trade-Based Money Laundering is also been organized.

Posted in Others |   1512 Views