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RBI raises ATM withdrawal limit to Rs 10,000 per day with immediate effect

   16 January 2017 at 17:33

RBI/2016-17/213DCM (Plg) No.2559/10.27.00/2016-17January 16, 2017 The Chairman / Managing Director / Chief Executive Officer,Public Sector Banks / Private Sector Banks / Foreign Banks /Regional Rural Banks / Urban Co-operative Banks /State Co-operati

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App named SEZ India launched by Commerce Ministry

   16 January 2017 at 10:37

A Mobile app named “SEZ India” has been launched by the Commerce Secretary on 06.1.2017. SEZ Division, Department of Commerce under its broader e-Governance initiative i.e. SEZ Online System, has developed mobile app for Special Economic

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Govt says it respects the autonomy of RBI

   14 January 2017 at 21:42

There has been a report in sections of the Press that some unions have alleged infringement of the autonomy of the Reserve Bank of India. It is categorically stated that the Government fully respects the independence and autonomy of the Reserve Bank

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Initiatives to increase non fare revenue in railways launched

   11 January 2017 at 11:14

Initiatives to Increase Non-Fare Revenue and To Promote Ease of Ticketing Through Digital Transactions LaunchedMinister of Railways Shri Suresh Prabhakar Prabhu inaugurated the following policy initiatives viz., Policy Initiatives of Increasing Non

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More than 10 million downloads of BHIM app in 10 days

   09 January 2017 at 18:05

PM delighted over 10 million downloads of BHIM App in 10 daysThe Prime Minister Shri Narendra Modi has expressed delight over 10 million downloads of BHIM App in a span of 10 days." Delighted to know that in a span of 10 days there have been ove

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Old notes returned figures might change says RBI

   06 January 2017 at 10:49

Clarification regarding Specified Bank Notes (SBNs)There had been various estimates on SBNs tendered in certain sections.We would like to clarify that the periodical SBN figures released by us were based on aggregation of accounting entries done at t

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Arun Jaitley holds pre budget consultation with FM of all states

   05 January 2017 at 10:45

The Union Finance Minister Shri Arun Jaitley holds Pre-Budget consultations with the Finance Ministers of all States/ UTs (with legislature); FM: Various steps taken by theCentral Government in recent past to unearth black money will help in curbing

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Updated FAQ on withdrawal of old bank notes

   05 January 2017 at 10:45

Withdrawal of Legal Tender Character of the Old Bank Notes in the denominations of ₹ 500 and ₹ 1000 and The Specified Bank Notes (Cessation of Liabilities) Ordinance 2016(Updated as on January 04, 2017)1. Why was the Scheme of Withdrawal of Legal Ten

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Govt collects Rs 21432 crore through disinvestment

   03 January 2017 at 18:04

Government realizes Rs.21,432.38 crore, by end-November 2016, through CPSE's disinvestment receipts, constituting around 59.53 % of the Budgeted Target of Rs. 36,000 crore ; Government takes various steps to accelerate the disinvestment process

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Revision of interest rates for Small Savings Schemes

   03 January 2017 at 10:38

F. No. 1/0412016-NS.II Government of India Ministry of Finance Department of Economic Affairs (Budget Division) North Block, New Delhi Dated: December 30, 2016 OFFICE MEMORANDUM Subject: Revision of interest rates for Small Savings Schemes. The unde

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