Ministry of Finance Gross non-performing assets of scheduled commercial banks have declined As per Reserve Bank of India (RBI) data on ...
Enabling Dealings by IFSC – Banking Units in Bullion Unallocated Accounts
Ministry of Finance To facilitate development of the bullion market in India, generate interest in trading & hedging activities, and serve ...
Sale of Electoral Bonds at Authorised Branches of State Bank of India (SBI)
Sale of Electoral Bonds at Authorised Branches of State Bank of India (SBI) Ministry of Finance The Government of India has ...
Banking facilities in rural areas
Banking facilities in rural areas Ministry of Finance To ensure availability of banking outlet (Bank branch/Business Correspondent (BC), within 5 kilometers ...
President Promulgates Banking Regulation (Amendment) Ordinance, 2020Amendments to ensure better management & sound regulation of Cooperative banksFacilitates making of reconstruction/amalgamation Scheme in the interest of public/depositors/banking/proper banking company management
President Promulgates Banking Regulation (Amendment) Ordinance, 2020 Amendments to ensure better management & sound regulation of Cooperative banks Facilitates making of ...
Government closely monitoring transmission of repo rate cut by the Banking Sector and recognise efforts of wealth creators in scripting India’s growth story : Finance Minister in a virtual meeting with PHD Chamber
Government closely monitoring transmission of repo rate cut by the Banking Sector and recognise efforts of wealth creators in scripting India’s ...
RBI announces second set of measures to preserve financial stability and help put money in the hands of the needy and disadvantaged
Ministry of Finance States and UTs allowed to borrow more to manage COVID-19 Reverse Repo rate reduced from 4.0% to 3.75% ...
Authorisation of Union Bank of India as Primary Dealer | RBI | Bank Merger
he Reserve Bank has authorised Union Bank of India to undertake Primary Dealership business departmentally with effect from April 01, 2020, ...
RBI announces further measures for dealing with the COVID-19 pandemic
1. Extension of realisation period of export proceeds Presently value of the goods or software exports made by the exporters is ...
FREQUENTLY ASKED QUESTIONS : RBI Allowed Banks to Declare Moratorium on Term Loans
Ministry of Finance Last week, the Reserve Bank of India has allowed Banks to declare a three-month moratorium on all term loans ...