ED initiated investigation on the basis of FIRs registered by EOW, Odisha Police and CBI
17 Hours Ago
612th Meeting of Central Board of the Reserve Bank of India
18 Hours Ago
The regulatory action is based on deficiencies in regulatory compliance
18 Hours Ago
CBI registered a case on 17.12.2024 against four accused including Assistant Commissioner, Superintendent & Inspector, all of the O/o. Commissioner of Central Tax, Tirupati GST Commissionerate, Tirupati and a Representative of Chittoor based private firm
1 Days Ago
Searches were conducted at official and residential premises of accused at various locations in Mumbai which led to recovery of documents of 27 immovable property documents etc. and 3 luxury vehicles found at the residence of the accused JDC.
1 Days Ago
These actions on 5 coop banks are based on deficiencies in regulatory compliance
1 Days Ago
The chain declaration & binding process ensures end-to-end traceability of every message, from its origin to its delivery, without compromising data security or delays in SMS delivery.
1 Days Ago
State government finances would benefit from the adoption of a risk-based fiscal framework with provisions for counter-cyclical fiscal policy actions; a prudent medium-term expenditure framework; a clear, transparent and time-bound glide path for debt consolidation and enhanced data dissemination and communication policies
1 Days Ago
ED initiated investigation on the basis of FIR registered by the CBI, ACB, Gandhinagar (written complaint from DGM, Ahmedabad Region, Bank of Baroda, Ashram Road, Ahmedabad) against Hellios Tubealloys, Ahmedabad and others
2 Days Ago
The group had availed credit facility from 11 Public Sector Banks and 5 Financial Institutions having total default of Rs 6210 Crore as the Concast Steel and Power Group company turned into NPA on 30.9.2016.
2 Days Ago
Former departmental minister and Cabinet Minister Mangal Prabhat Lodha introduced the bill in the Legislative Council, initiating the related discussions
2 Days Ago
Jyotiraditya M. Scindia, Union Minister for Ministry of Development of North Eastern Region (MDoNER), Professor (Dr.) Manik Saha, Chief Minister of Tripura, and Conrad K. Sangma, Chief Minister of Meghalaya Contribute to the Remarkable Success!
Dec 17, 2024
Credit Guarantee Scheme to minimise distress selling by farmers: Pralhad Joshi; This scheme provides a corpus of Rs 1,000-crore for post-harvest finance availed by farmers against electronic negotiable warehouse receipts (e-NWRs) after depositing commodities in Warehousing Development and Regulatory Authority (WDRA) accredited warehouses.
Dec 17, 2024
These actions on 4 coop banks are based on deficiencies in regulatory compliance
Dec 17, 2024
DRI Busts Gold Smuggling Syndicate
Dec 14, 2024
The bribe was demanded in exchange for deferring the possession of the complainant’s mortgaged property under the SARFAESI Act.
Dec 11, 2024
Shaktikanta Das thanks PM, FM, all the stakeholders in the financial sector and in the economy; experts and economists; industry bodies and associations
Dec 10, 2024
Detailed studies of IBC cases could provide valuable insights for future lending strategies: Rajeshwar Rao, Deputy Governor, RBI
Dec 08, 2024
Investigation conducted in the matter has led to seizure/freezing of cash to the tune of Rs. 19.36 Crore, valuables totaling Rs. 16.68 Crore.
Dec 07, 2024
ED initiated investigation on the basis of FIR registered/Charge-sheet filed by CBI against the Sr Branch Manager of PNB i.e. Mark Pius Karari and Manoj Parmar
Dec 07, 2024
They lure individuals through part-time job scams; Investigations identified 3,295 Indian bank accounts involved in these fraudulent transactions
Dec 07, 2024
It was alleged that accused Shri Shishir Kumar Srivastava working as Branch Manager, Dena Bank, Amli Branch, Silvassa during the year 2002-2003 entered criminal conspiracy with other accused cheated Dena Bank causing wrongful loss to the tune of Rs.1,93,59,500/- to the govt. exchequer
Dec 07, 2024
Madhya Pradesh Takes a Bold Step - A New Dawn for Women's Empowerment in Madhya Pradesh; CM Mohan Yadav emphasized the reverence for the divine feminine and the importance of women as pillars of family and society. By empowering women, Madhya Pradesh is not only honouring its cultural heritage but also shaping a brighter future.
Dec 07, 2024
Nirmala Sitharaman chairs the second Pre-Budget Consultation with various farmer associations and leading agricultural economists in connection with the forthcoming Union Budget 2025-26, in New Delhi, on Saturday
Dec 07, 2024
These actions on 3 coop banks are based on deficiencies in regulatory compliance
Dec 06, 2024
Investigations reveal that companies flouted PMP guidelines under FAME – II
Dec 03, 2024
RBI had several rounds of interaction with the company for rectification of deficiencies
Dec 03, 2024
These actions on 2 coop banks are based on deficiencies in regulatory compliance
Dec 02, 2024
These actions on 2 coop banks are based on deficiencies in regulatory compliance
Dec 02, 2024
The facility for exchange of the Rs2000 banknotes is available at the 19 Issue Offices of the Reserve Bank (RBI Issue Offices) since May 19, 2023.
Dec 02, 2024
Jagdeep Dhankhar: Institutional support through incubation centres has flourished with IIT Kanpur earlier supporting 250 startups worth $1 billion US including over 100 women-led ventures.
Dec 02, 2024
ED, Lucknow Zonal office had filed a Prosecution Complaint (PC) against Ajit Kumar Gupta, Mrs. Neeharika Singh (IFS), Anee Bullion and Industries, Anee Commodity Brokers, and Anee Securities under the provisions of the PMLA, 2002
Dec 01, 2024
The funds so collected were siphoned off and the App/website became inaccessible; Properties of Chinese Linked Shell Entities Attached
Dec 01, 2024
NABARD and SIDBI announce approval of more than Rs.155.84 crore and Rs 75.52 lakh respectively for various rural road projects
Nov 30, 2024
More than twenty-seven thousand PEs have already registered their chains with the respective Access Providers and further registration is in progress at a rapid pace.
Nov 30, 2024
The instant case was earlier registered by PS -Dibrugarh, Assam under FIR No. 352/2024 dated 02.09.2024 against Bishal Phukan on allegations that Bishal Phukan is engaging in a financial scam in contravention of RBI/SEBI guidelines
Nov 30, 2024
The case involves illegal sending of Foreign Remittances worth 4817 Crore against bogus and forged invoices for making compensatory payments for under invoiced imports made from China and Hong Kong
Nov 30, 2024
It has been submitted that Google has not discriminated between different DFS / Rummy apps on Play as part of the RMG Pilot. Winzo itself admits that their DFS and Rummy app is available on Play as part of the RMG Pilot. Winzo cannot seek to coerce Google into accommodating Winzo’s commercial preferences, especially when Google is fairly and uniformly applying the objective criteria it formulated for the RMG Pilot.
Nov 29, 2024
Operationalizing an e-Forensics IT platform, which connects 117 forensic science laboratories (Central and State) in the country is a part of various steps to upgrade forensic labs and also forensic infrastructure in the country
Nov 28, 2024
6.69 Lakhs SIM Cards, 1,32,000 IMEIs Blocked By GoI
Nov 28, 2024
Unless PACS are equipped with technology, there is no transparency in their administration and there are issues in their viability: Union Home Minister and Minister of Cooperation
Nov 27, 2024
The company had failed to transfer 20% of its net profit for financial years 2011-12, 2012-13, 2017-18 and 2020-2021 to the Statutory Reserve, even as on March 31, 2023.
Nov 25, 2024
The PAN 2.0 Project enables technology driven transformation of Taxpayer registration services and has significant benefits
Nov 25, 2024
Rs12 Tn Deposited In Coop Banks: Modi; About 30 crore (three hundred million) people, meaning one out of every five Indians is associated with the cooperative sector; After three years, there will not be a single village panchayat in India without a cooperative body: Union Home Minister and Minister of Cooperation
Nov 25, 2024
The year 2025 will be a global initiative aimed at showcasing the power of cooperative enterprises in addressing the world’s most pressing challenges
Nov 24, 2024
CBI laid a trap and caught accused tout (Private Person) red handed while demanding and accepting first instalment of Rs.20,000/- from the complainant at the behest of accused Line Overseer.
Nov 24, 2024
Accused had obtained identity documents of various persons, prepared rent agreements in their names, forged the signatures of shop owners in such agreements, misused the identity documents for obtaining license for dummy firms and opened dummy bank accounts with various banks.
Nov 24, 2024
By seeking to build synergies among the central banks of Global South through sharing of country experiences and lessons, the deliberations in the conference also outlined the contours of an efficient policy response to future crises
Nov 22, 2024
The Reserve Bank of India (RBI) and the Maldives Monetary Authority (MMA) signed a Memorandum of Understanding (MoU) today in Mumbai for establishing a framework to promote the use of local currencies viz., the Indian Rupee (INR) and the Maldivian Rufiyaa (MVR) for cross-border transactions.
Nov 21, 2024
At the time of downloading of such Apps, borrowers were required to grant access to their personal data such as photos, videos, contact list etc. available in their phones. At the time of disbursal of loan, approximately 20 to 30% of the sanctioned amount was deducted upfront in the name of processing fees and other charges.
Nov 21, 2024
Dilip B R alias Dilip Rajegowda alias Dilip Balaganchi Rajegowda has obtained three PANs and has carried out various financial transaction using these PANs. Dilip B R has allegedly defrauded several banks by obtaining vehicle loans under false pretenses; He has generated more than Rs.10 Crore of Proceeds of Crime
Nov 20, 2024
Reliance Foundation – UN India convening brings experts, ideas together in Odisha
Nov 20, 2024
CBI files chargesheet against an accused private person
Nov 20, 2024
Swaminathan: Regular audits and simulated exercises can help assess vulnerabilities and improve resilience
Nov 20, 2024
The fake videos of the Governor, giving financial advice, circulated over social media
Nov 20, 2024
EC’s crackdown on inducements; Seven times higher seizures in Maharashtra and Jharkhand from 2019
Nov 19, 2024
CCI imposes a monetary penalty on Meta in relation to 2021 Privacy Policy Update
Nov 19, 2024
These actions on 5 coop banks are based on deficiencies in regulatory compliance
Nov 19, 2024
A well-functioning Board of Directors with proactive oversight of governance, supported by robust assurance functions and policies built around customer centricity, is what sets a resilient and agile bank apart from an ordinary one.
Nov 18, 2024
Need of fair compensation for traditional content creators for addressing the asymmetry in bargaining power between digital platforms and conventional media: Vaishnaw
Nov 18, 2024
India asserts that Principles of Equity and Common but Differentiated Responsibilities and Respective Capacities must form the basis for a strong outcome on the New Collective Quantified Goal at CoP29
Nov 15, 2024
These actions on 5 coop banks are based on their deficiencies in regulatory compliance
Nov 15, 2024
RBI Governor at CNBC-TV18 Global Leadership Summit: Indian Economy Sailing Through Smoothly Due To Stable Financial System; In this challenging environment, government bond yields are rising globally
Nov 15, 2024
RBI releases 2024 list of Domestic Systemically Important Banks (D-SIBs)
Nov 14, 2024
ED investigation revealed that Xue Fie, a Chinese National, was staying in India illegally and he along with Ravi Natvarlal Thakkar and others were running & controlling two hotels & clubs namely M/s Luckin Club Private Limited and M/s Tianshang Renjian Private Limited in NCR areas
Nov 12, 2024
The bank does not have adequate capital and earning prospects
Nov 12, 2024
After completion of investigation, charge-sheet was filed by CBI on 24.01.2008 against then Manager, F&A, ONGC, Ankleshwar for amassing assets to the tune of Rs22,15,609/- disproportionate to his known source of income
Nov 12, 2024
These actions on 2 coop banks are based on deficiencies in regulatory compliance
Nov 12, 2024
AD bank concerned shall report the amount of reclassified foreign portfolio investment as divestment under the LEC (FII) reporting
Nov 12, 2024
FM Launches 4 Nari Shakti Branches Of UBI; Union Finance Minister Launches MSME Cluster Outreach Programme, FM virtually inaugurates six new SIDBI Branches in Karnataka,
Nov 10, 2024
We must ensure that our commercial regulators that are focused on public interest are never seen to become regulatory duopolies focused on private returns: Ananth Narayan G
Nov 09, 2024
CBI laid a trap on 07.11.2024 and caught accused Legal Officer of DUSIB, GNCTD red handed while accepting bribe amount of Rs. 05 lakh from complainant
Nov 09, 2024
ED initiated investigation on the basis of FIR registered by the CBI under various sections of IPC, 1860 and Prevention of Corruption Act, 1988.
Nov 09, 2024
Directorate of Enforcement (ED), Mumbai Zonal Office has conducted search operations in a case of suspected illegal sale and distribution of Forex by FFMCs (Full Fledged Money Changers) at premises of Kuntilaa Forex, Shagun Enterprises, Capital India Finance and MDB Tours and Forex
Nov 08, 2024
Authorised Dealers shall report all inter-bank FX contracts undertaken by them to the TR of CCIL with effect from February 10, 2025 as per the specified timelines
Nov 08, 2024
ED initiated investigation on the basis of FIRs registered by CBI against Super Multicolors Printers, Dunn Foods for causing willful loss totaling to Rs179.28 Cr to Consortiums of banks (including PNB, Canara Bank, SBI, ICICI and Central Bank of India)
Nov 08, 2024
The FIRs were registered on the basis of numerous complaints from depositors against the Agri Gold group of companies which had collected deposits from around 19 Lakh customers and 32 Lakh account holders in the name of real estate investment with a promise of high returns or a residential plot
Nov 08, 2024
These actions on 5 coop banks are based on deficiencies in regulatory compliance
Nov 07, 2024
By using a KYC Identifier from the CKYCR, REs minimize the need for customers to repeatedly submit sensitive documents
Nov 07, 2024
The RE shall seek the KYC Identifier from the customer or retrieve the KYC Identifier, if available, from the CKYCR and proceed to obtain KYC records online by using such KYC Identifier and shall not require a customer to submit the same KYC records or information or any other additional identification documents or details
Nov 06, 2024
ED initiated investigation on the basis of FIR registered on the basis of written complain dated 01.06.2021 received from Rajeev Khurana, DGM, Central Bank of India, SAM Branch, New Delhi
Nov 06, 2024
Sales of electric three-wheelers (e-3W), including e-rickshaws and e-carts, reached 1,164 units, while electric three-wheelers in the L5 category hit 71, 501 units in 2024-25
Nov 05, 2024
The two FIUs deliberated upon use of IT systems and tools, public and private partnerships, strategic analysis, and virtual digital assets
Nov 05, 2024
ED investigation reveals use of WhatsApp groups to manage fraudulent banking transactions linked to shell companies; Some victims were manipulated under the guise of a fake arrest by Customs and the CBI, ultimately making them transfer huge funds to various shell companies under fake “fund regularization process”
Nov 02, 2024
ED unearthed the modality of dubious transfer of shares of Indian entity M/s. Hermes I Ticket Pvt. Ltd. (owned by GI Retail Pvt. Ltd.) to a Mauritius based Fund Structure Emerging Markets Investment Fund (EMIF) 1A, which in turn, within weeks, transferred the said shares to a German entity M/s. Wirecard AG, at exorbitantly enhanced value
Nov 01, 2024
Dr. Hughes has strong interests in remote sensing, digitalisation, and gender equity; Her extensive career, marked by ground breaking work in sustainable agriculture, equips her to steer the Forum towards its mission.
Nov 01, 2024
ED initiated investigations on the basis of FIR registered by CBI against Corporate Power Limited and its Promoters/ Directors and others for offences of Criminal Conspiracy, Cheating and Forgery
Oct 30, 2024
The instant case has been registered by Ahmedabad Crime Branch against creation of more than 200 shell entities by a group of organized criminals in order to fraudulently receive and pass-on the Input Tax Credit (ITC) at the strength of bogus invoices
Oct 30, 2024
ED initiated investigation on the basis of FIR registered by M/s. Viacom18 Media Pvt Limited with Nodal Cyber Police, Mumbai against M/s. Fairplay Sport LLC and others for causing loss of revenue of more than Rs.100 Crore (Proceeds of Crime)
Oct 30, 2024
CBI had registered the instant case against Shri P. K. Singh, then Branch Manager, Nabinagar Branch, SBI, Distt- Aurangabad and others on 28.06.1991 on the basis of a complaint lodged by DGM, Vigilance, SBI, LHO, Patna
Oct 30, 2024
CBI files chargesheet against 5 accused
Oct 29, 2024
This partnership is set to enhance the efficiency and reliability of Railway services in India, ultimately benefiting passengers and freight operations alike. Notable Swiss companies will supply machinery, materials and tunneling consultancy services.
Oct 29, 2024
These actions on 5 coop banks are based on deficiencies in regulatory compliance
Oct 29, 2024
Both India and Spain commit to hold events during 2025 to foster positive use of AI and will work for the practical implementation of new advances in the field of AI in the productive economy.
Oct 28, 2024
The FIR alleges that these individuals have engaged in selling counterfeit tickets and drastically inflating prices, taking advantage of the high demand for these coveted concerts.
Oct 27, 2024
Nirmala Sitharaman met Christian Lindner discussed opportunities at GIFTCity w.r.t. FinTech, Financial Management, Science, Technology, Engineering and Management
Oct 27, 2024
DRI Foils Gold Smuggling Attempt
Oct 25, 2024
These actions on one HFC and one co-operative bank are based on deficiencies in regulatory compliance
Oct 21, 2024
RBI's annual survey on computer software and information technology enabled services (ITES) exports
Oct 19, 2024
The development strengthens GIFT City’s business ecosystem to meet the rising global demand for efficient and high-quality financial services
Oct 16, 2024
Tamboli Castings is one of the twenty companies participating from India and is the sole representative from the casting and machining sector
Oct 15, 2024
These actions on 4 coop banks and an NBFC are based on deficiencies in regulatory compliance
Oct 14, 2024
The growing use of AI introduces new vulnerabilities, such as increased susceptibility to cyberattacks and data breaches. Additionally, AI's opacity makes it difficult to audit or interpret the algorithms which drive decisions. This could potentially lead to unpredictable consequences in the markets. Banks and other financial institutions must put in place adequate risk mitigation measures against all these risks.
Oct 14, 2024
Searches were conducted by CBI at residential and official premises of accused person at Jalgaon and Nashik which led to recovery of incriminating documents
Oct 11, 2024
ED initiated investigation on the basis of FIR registered by CBI under various section of IPC, 1860 for committing fraud, criminal misappropriation, criminal breach of trust, cheating, etc. causing wrongful loss to the tune of Rs. 1201.85 Crore to the consortium of banks led by Canara Bank
Oct 11, 2024
World Mental Health Day: The Day provides an opportunity for all stakeholders working on mental health issues to talk about their work, and what more needs to be done to make mental health care a reality for people worldwide.
Oct 11, 2024
A ‘compliance first’ culture, a strong risk management framework and strict adherence to fair practices code coupled with sincere approach to customer grievances is the clear prescription from the regulator to the NBFCs; Neutral stance allows MPC to be nimble in its rate action
Oct 09, 2024
MPC decided to Keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.50 per cent. Consequently, the standing deposit facility (SDF) rate remains unchanged at 6.25 per cent and the marginal standing facility (MSF) rate and the Bank Rate at 6.75 per cent.
Oct 09, 2024
Reserve Bank Climate Risk Information System (RB-CRIS)m Created
Oct 09, 2024
The Central Government has re-appointed Shri M. Rajeshwar Rao as Deputy Governor, Reserve Bank of India for a period of one year with effect from October 09, 2024
Oct 07, 2024
These actions on 5 coop banks are based on deficiencies in regulatory compliance
Oct 07, 2024
Under the agreement, the Maldives Monetary Authority is eligible for financing support from the RBI amounting to USD 400 million under the US Dollar/ Euro Swap Window and INR 30 billion under the INR Swap Window.
Oct 07, 2024
CII Partners with Industry Leaders to Ensure 75% Employment for Skilled Trainees in New Initiative
Oct 07, 2024
CBI had registered a case on 28.09.2005 on the written complaint from AGM, UCO Bank, RO, Lucknow against accused including the convicted accused namely K.K. Mehta, then Assistant Manager, Vijay Kumar, then Manager of UCO Bank, IT College Branch, Lucknow and others
Oct 07, 2024
Union Minister Jitendra Singh: ‘From one digit we are now 200 plus StartUps in Space sector’
Oct 06, 2024
PM inaugurates Aarey JVLR to BKC section of Mumbai Metro Line 3 Phase – 1; Lays foundation stones for Thane Integral Ring Metro Rail Project and Elevated Eastern Freeway Extension
Oct 05, 2024
An outcome of the Matchmaking Event on EV Battery Recycling
Oct 05, 2024
Goyal-Gina Discussed Opportunities To Increase US Investments In New India Industrial Cities
Oct 04, 2024
CBI had registered a case on 04.06.1998 on the basis of the Complaint made by SBI against accused including Deepak L Dave, Paresh Dave and others
Oct 02, 2024
Searches were conducted at Bhopal and Bilaspur at residential premises of the accused which led to recovery of incriminating documents, jewelry from the residence of the accused
Oct 01, 2024
The total value of Rs2000 banknotes in circulation has declined to Rs7117 crore at the close of business on September 30, 2024
Oct 01, 2024
Secretary, Ministry of AYUSH, Vaidya Rajesh Kotecha said, the global reach of AYUSH has significantly expanded, with exports witnessing substantial growth. The size of the sector has increased dramatically
Oct 01, 2024
RBI advises all Supervised Entities (SEs) to comprehensively review their policies, processes and practices; RBI finds irregular practices observed in grant of loans against pledge of gold ornaments & jewelry
Oct 01, 2024
The responsibility of investment advisory services/research services lies solely with the IA/ RA, irrespective of the scale and scenario of IA/ RA using AI tools; As per the review of the performance of the Beta version of optional T+0 settlement cycle by SEBI Board, the number of scrips eligible for trading under optional T+0 settlement will now be increased in a phased manner from the 25 to top 500 in terms of market capitalization
Oct 01, 2024
This is a major step to curb the misuse of URLs (Uniform Resource Locators) in messages
Sep 27, 2024
This is according to the latest Chief Economists Outlook published today by the World Economic Forum.
Sep 26, 2024
All groups of people are equally important and should be financially included; every effort taken for financial inclusion is meaningful and nothing goes wasted
Sep 25, 2024
CBI had registered a case on 23.03.2021 on complaint of AGM, Stressed Asset Management Branch (SAMB), Bank of Baroda
Sep 25, 2024
Updated SEBI Study Reveals 93% of Individual Traders Incurred Losses
Sep 24, 2024
MoU is for $12.5 Million residential, commercial, and low-cost housing projects
Sep 24, 2024
Directorate of Enforcement (ED), Mumbai Zonal Office has conducted search operations on 20- 09-2024 and 21-09-2024, under the Prevention of Money Laundering Act (PMLA), 2002 at multiple locations in Delhi, Jalgaon and Ahmedabad
Sep 24, 2024
CBI REGISTERS CASE AGAINST SUPERINTENDENT OF CUSTOMS (ICD, BANGALORE) ON ALLEGATIONS OF ILLICIT ENRICHMENT
Sep 24, 2024
Seven Multinationals Reveal Breakthrough Strategies for a Nature-Positive Future
Sep 23, 2024
ED initiated investigation on the basis of FIRs registered by the Vigilance and Anti-Corruption Bureau (Thrissur Division), Kerala
Sep 22, 2024
Quad governments are deepening leading-edge collaborative research to harness arti?cial intelligence, robotics, and sensing, to transform agricultural approaches and empower farmers across the Indo-Pacific. The Quad announces an inaugural $7.5+ million in funding opportunities for joint research Together, the Quad is leading ambitious projects to help partners, amongst other things, to build high-standard physical and digital infrastructure; invest in and benefit from critical and emerging
Sep 22, 2024
Banks to put in place effective monitoring and oversight mechanism for efficient management of pending cases in DRTs
Sep 21, 2024
ACL has not taken any new assignments as a merchant banker, arranger or underwriter for any issue / offer for sale of securities in the debt segment in over a year
Sep 21, 2024
The Scheme will come into force with effect from September 23, 2024
Sep 20, 2024
These actions on 3 coop banks are based on deficiencies in regulatory compliance
Sep 19, 2024
Federal Reserve issues FOMC statement: The Committee will carefully assess incoming data, the evolving outlook, and the balance of risks. The Committee will continue reducing its holdings of Treasury securities and agency debt and agency mortgage-backed securities.
Sep 18, 2024
Prime Minister Shri Narendra Modi launches ‘SUBHADRA’ - the largest women-centric scheme in Bhubaneswar, Odisha
Sep 17, 2024
This is a big commitment by the States, Developers, banks, and financial institutions to join hands and work together for a cleaner and sustainable India: Union Minister for New and Renewal Energy Shri Pralhad Joshi
Sep 17, 2024
Gujarat is the Smart Choice for Establishing Renewable Energy Technology: Union Minister Pralhad Joshi
Sep 17, 2024
Rs100 Cr has been disbursed in August 2024 to boost credit availability in semi-urban areas, providing essential financial products such as home, business loans
Sep 17, 2024
NaBFID would need to quickly develop project appraisal expertise and establish itself as a leader setting benchmarks in the market for its project selection, appraisal and monitoring to give comfort to lenders and stakeholders
Sep 15, 2024
Global Financial Stability; Risks and Opportunities
Sep 15, 2024
Settlement of all outstanding transactions due on September 18, 2024 (Wednesday) will get postponed to the next working day, i.e., September 19, 2024 (Thursday)
Sep 15, 2024
ED has already attached POC (Proceeds of Crime, assets acquired from tainted money) to the tune of Rs12.54 Cr
Sep 14, 2024
ED has frozen PoC of Rs 2.8 Crore in the bank account of a shell company Cyberforest Technology Private Limited; One of the arrested persons was in contact with Chinese cyber fraudsters for siphoning off the amount of Rs.2.8 Crore
Sep 14, 2024
The Government of Bihar, supported by the Confederation of Indian Industry (CII) as the industry partner, successfully hosted the Bihar Investors' Meet in Mumbai
Sep 13, 2024
These actions on 4 entities are based on deficiencies in regulatory compliance
Sep 13, 2024
ED initiated investigation on the basis of FIR registered by CBI, BS & FC Branch, Mumbai, under sections of IPC, 1860 and Prevention of Corruption Act, 1988 in the case of bank fraud of Rs. 6498.20 Crore
Sep 12, 2024
During the course of ED investigation, evidences have been found which unravel the modus identified in the front running scam. In this case, Viresh Joshi was allegedly sharing market-sensitive information in return for kickbacks from brokers having terminal in Dubai who could execute trade on his instructions
Sep 12, 2024
ED attached properties under PMLA, 2002 in the case of bank fraud by Ushdev International & others
Sep 12, 2024
4.5 crore families to be benefitted under Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB PM-JAY)
Sep 12, 2024
Outlay of Rs10,900 crore approved over a period of two years
Sep 12, 2024
The Court also confirms the Commission's decision in the Google Shopping antitrust case. And also this is a final judgment
Sep 11, 2024
These actions on 2 private banks are based on deficiencies in statutory and regulatory compliance
Sep 10, 2024
2nd India-Japan Finance Dialogue held in Tokyo
Sep 09, 2024
GST Council recommends Group of Ministers (GoM) on life and health insurance related GST with existing GoM on Rate Rationalisation; to submit report by end of October 2024; GST Council also recommends formation of a GoM to study the future of compensation cess
Sep 09, 2024
There is a lot of ambiguity on the transactions between branches of Indian companies and their foreign branches/head offices
Sep 09, 2024
The priority areas for the discussions have been strategies for life-long learning, vocational guidance, modernisation of employment services, ensuring safe and healthy working conditions, and social support mechanism.
Sep 08, 2024
The CBI's action follows a complaint involving eight accused, including six CGST officers and two private individuals, including a Chartered Accountant. The arrests were made during a trap operation where the accused were found accepting a part of the bribe amounting to Rs20 lakh, out of the total demanded bribe of Rs60 lakh. An additional Rs30 lakh was allegedly delivered through hawala channels.
Sep 08, 2024
8th Foundation Day celebration of IEPFA focused on empowering investors through innovative awareness programmes
Sep 08, 2024
ED investigation revealed that the actual fraudulent payments exceeded the FIR amount, reaching approximately Rs. 72 Crore. These payments were made to bank accounts opened with fake identities and then laundered through shell accounts
Sep 07, 2024
Amber Dalal is accused of taking money from investors through a suspected Ponzi scheme by promising high returns and then absconded with their money after giving initial returns
Sep 07, 2024
These actions against the three HFCs by the RBI are based on deficiencies in regulatory compliance
Sep 06, 2024
it simplifies job connect with new-age technology
Sep 06, 2024
CBI had registered a case on 22/09/2005 on a written complaint from Allahabad Bank against accused including those convicted and then Branch Manager, Allahabad Bank, Chatra Branch, Dist. Sonebhadra, UP (died during trial)
Sep 06, 2024
Prime Minister invited the Singaporean semiconductor companies to participate in SEMICON INDIA exhibition to be held in Greater Noida on 11-13 September 2024.
Sep 06, 2024
Ananth Narayan Gopalakrishnan, Whole-Time Member, SEBI at CII Finance 3.0 summit: While domestic investments have increased over time, India’s requirement for foreign savings hasn’t diminished.
Sep 04, 2024
Kaynes Semicon Plant in Sanand to Produce 60 Lakh Chips Daily with Rs3,300 Crore Investment
Sep 02, 2024
Madhabi Puri Buch, Chairperson, SEBI: With monetary capability and the requisite technology, India is firmly on the path of growth and economic prosperity
Sep 02, 2024
Union Minister Chairs Review Meeting on Social Security for Gig and Platform Workers in India
Sep 01, 2024
Central Consumer Protection Authority (CCPA) issues Order against the Academy to discontinue the misleading advertisement with immediate effect
Sep 01, 2024
The properties attached are in the form of land, located in 20 villages of Gurugram District, Haryana and Delhi. Both M/s EMAAR India Ltd. And M/s MGF Developments Ltd. are being investigated for money laundering in connection with license no. 97/2010 dated 18/11/2010 obtained from DTCP (Department of Town and Country Planning) for Residential Plotted Colony falling in Sector-65 and 66 of Gurgaon
Sep 01, 2024
One other important role for regulators in the fintech world in encouraging innovation has been the creation of standards
Sep 01, 2024
Credit growth to services sector moderated to 15.4 per cent (y-o-y) in July 2024 from 19.7 per cent a year ago, primarily driven down by relatively lower credit growth in ‘non-banking financial companies (NBFCs)’ and ‘trade’ segments
Sep 01, 2024
CBI registers a case against accused including four postal officials of Jammu on allegations of fraud and conducts searches
Sep 01, 2024
NCOL and Amul will establish a network of international level labs which will test quality of organic land and products
Sep 01, 2024
PM Modi informed that the country has spent about Rs 8,000 crore for the development of judicial infrastructure
Sep 01, 2024
Designated court sentences then official of Telangana Grameena Bank to 4 years’ rigorous imprisonment with fine of Rs 5 lakh in a case related to disproportionate assets
Sep 01, 2024
The event showcased the Tamil Nadu's solid economic potential, with the state representing nearly 10% of India’s GDP and leading in electronics, EV autos, and SAAS
Sep 01, 2024
CBI also arrests 4 private persons in a bribery of Rs 10 lakh from different assessees of income tax
Aug 27, 2024
Local to Global: The Role of the Financial Sector in MSME's Development
Aug 25, 2024
Chhattisgarh government should establish 4 new District Cooperative Central Banks for expansion of PACS
Aug 25, 2024
Since the inception of the Lakhpati Didi Yoajna, one crore women have already been made Lakhpati Didis and the government has set a target of three crore Lakhpati Didis
Aug 25, 2024
Designated court sentences three accused including then branch manager of Central Bank Of India and two private persons to rigorous imprisonment of 1 to 2 years for causing wrongful loss to the bank
Aug 25, 2024
ED provisionally attached properties worth Rs19.39 Crore in the form of bank balances and fixed deposits belonging to various entities connected with Instant Loan Apps cases; ED initiated investigation on the basis of 43 FIRs registered by the Cyber Crime Police Station, Cyberabad and Rachakonda in Telangana against various mobile applications and mobile numbers associated with various Fintech companies and NBFCs
Aug 25, 2024
Order issued today to the insurance company to pay the pending claim under PMFBY of about 200 to 225 crores within 1 week
Aug 24, 2024
BioE3 is Biotechnology for Economy, Environment and Employment) Policy for Fostering High Performance Biomanufacturing; 3 umbrella schemes, merged into a unified central sector scheme namely ‘Vigyan Dhara’ of Department of Science and Technology (DST)
Aug 24, 2024
The findings have established the existence of a fraudulent scheme, orchestrated by Anil Ambani and administered by the Key Managerial Personnel (KMPs) of Reliance Home Finance Ltd (RHFL), to siphon off funds from the public listed company (RHFL) by structuring them as ‘loans’ to credit unworthy conduit borrowers
Aug 23, 2024
Tax revenue had grown from merely Rs. 30 lakh to Rs. 20 lakh crore, doubling of tax base and growth in tax to GDP ratio.
Aug 22, 2024
CII Grant Thorton Report unveils strategic policy roadmap for India’s AVGC-XR Sector
Aug 21, 2024
This amount was allegedly amassed from several contractors and officials in lieu of favours for their operations in NCL, Singrauli
Aug 21, 2024
The SRO shall establish minimum benchmarks and conventions for professional market conduct amongst its members.
Aug 21, 2024
The quiz is a nationwide competition being held as part of the events to commemorate 90 years of RBI’s functioning
Aug 21, 2024
The Central Banker Report Cards, published annually by Global Finance since 1994, grade the central bank governors of nearly 100 key countries, territories and districts, as well as the European Union, the Eastern Caribbean Central Bank, the Bank of Central African States and the Central Bank of West African States
Aug 21, 2024
43 RRBs participated in focused discussion on business performance, upgrading digital technology services, and fostering business growth in MSME clusters
Aug 19, 2024
Existing global literature consistently recognizes that 30-40% of medical students report mental health problems. There is high prevalence of anxiety, depressive disorders, suicidal ideation, substance use disorders, as well as stress and burnout in this population; Integrating technology, such as Virtual Reality (VR), Augmented Reality (AR), Artificial Intelligence (AI), and Machine Learning (ML), into medical training enhances learning experiences and prepares students for technological adva
Aug 18, 2024
The state level benefit distribution programs have begun
Aug 17, 2024
Major Portfolio Changes Made: The Appointments Committee of the Cabinet (ACC) has approved the several appointments
Aug 17, 2024
Prof. Krishnamurthy V Subramanian wrote on X: I find PM Sir’s visionary passion for #ViksitBharat at 2047 so palpable. Glad to be a squirrel contributing a bit to this vision through India@100
Aug 17, 2024
These actions on 3 entities are based on their deficiencies in regulatory compliance
Aug 16, 2024
Narendra Modi: India is bound to become the third-largest economy during my third term, and that I will work three times harder, at three times the speed and with three times the scale
Aug 16, 2024
As per the Complainant, Union Bank of India, the accused persons had submitted manipulated project cost statements to avail loans and also diverted the bank funds, causing wrongful loss to the tune of Rs 4,037 Crore (Rs 11,379 Crore including interest).
Aug 14, 2024
Movable assets in the form of bank funds, Demat account holdings to the tune of Rs.1.2 Crore (approx.) have been seized/frozen
Aug 13, 2024
These actions on 2 leading banks are based on deficiencies in regulatory compliance
Aug 13, 2024
Fertility Rate in the age group of 20-24 and 25-29 has reduced from 135.4 and 166.0 to 113.6 and 139.6 respectively. The ASFR for the age 35-39 for the above period has increased from 32.7 to 35.6; By 2036, population of India is expected to reach 152.2 Crore, with a slightly improved female percentage of 48.8% as compared to 48.5 percent in 2011
Aug 12, 2024
India’s External Affairs Minister, S Jaishankar reviews progress of Afcons' Greater Male’ Connectivity Project
Aug 12, 2024
World Bank, other agencies attending 28th Conference of Central and State Statistical Organizations (CoCSSO)
Aug 12, 2024
The Committee consists of 10 persons
Aug 12, 2024
RBI’s Board reviewed the global and domestic economic situation and outlook, including the challenges posed by geopolitical developments and global financial market volatility.
Aug 11, 2024
The relevant disclosures required in terms of holdings of securities and their transfers have been made by the SEBI Chairperson from time to time. Chairperson has also recused herself in matters involving potential conflicts of interest; SEBI remains committed to ensuring the integrity of India’s Capital markets and its orderly growth and development
Aug 11, 2024
The relevant disclosures required in terms of holdings of securities and their transfers have been made by the SEBI Chairperson from time to time. Chairperson has also recused herself in matters involving potential conflicts of interest; SEBI remains committed to ensuring the integrity of India’s Capital markets and its orderly growth and development
Aug 11, 2024
On verification of facts which led to the arrest of Sandeep Singh, it is found that ED was conducting a money laundering investigation against certain entities based on multiple FIRs of Delhi, Uttrakhand, Bangalore Police FIRs
Aug 10, 2024
The proposed Banking Laws (Amendment) Bill, placed in the parliament, seeks to improve governance standards, provide consistency in reporting by banks to the RBI, ensure better protection for depositors and investors, improve audit quality in Public Sector Banks
Aug 09, 2024
Chairperson CII Western Region Swati Salgaocar said: "Maharashtra, Goa, Gujarat and Madhya Pradesh accounted for 47 per cent share of India’s total Foreign Direct Investment Equity inflow and contributed 50 per cent to India’s overall exports.”
Aug 09, 2024
Pramod Rao: We are working towards further deepening the market for debt by raising the RFQ trading thresholds. We are also examining proposals to expand the thematic bonds to encompass social sustainability, sustainability-linked bonds, the securitized debt instruments and municipal bonds
Aug 09, 2024
RBI Governor: Banking System May Be Potentially Exposed To Structural Liquidity Issues; regulatory prescriptions relating to loan to value (LTV) ratio, risk weights and monitoring of end use of funds are not being strictly adhered to by certain entities. I repeat certain entities
Aug 09, 2024
RBI Keeps Policy Repo Rate Unchanged At 6.50%
Aug 08, 2024
RBI proposes to introduce a facility of "Delegated Payments" in UPI; Public Repository will help the consumers to identify the unauthorised lending apps
Aug 08, 2024
Regulated Entities (REs) shall put in place a detailed Board approved policy (hereinafter referred to as 'policy') with regard to model risk management framework for all models deployed, covering the entire model life cycle
Aug 06, 2024
Directorate of Enforcement (ED), Srinagar Zonal Office has conducted search operations at 6 locations in Leh (UT of Ladakh), Jammu and Sonipat, Haryana in a case related to the cheating of innocent people including people of Leh
Aug 04, 2024
An attempt to lay the foundations and explain the importance of the Constitution in building a new generation: Skill Development Minister
Aug 04, 2024
The total value of Rs2000 banknotes in circulation has declined to Rs7409 crore at the close of business on July 31, 2024
Aug 04, 2024
Significant Shift in Refund and On-Hold amounts; 46.42% Refunded in 2024: Minister of State for Home Harsh Sanghvi
Aug 03, 2024
Digitisation of land, promotion of drones in farming will not only benefit the farmers of India but also strengthen global food security: Modi
Aug 03, 2024
During the search operations, cash amounting to Rs1 Crore, jewellery worth Rs. 4.27 Crore, foreign currency USD 6256, property documents, bank locker keys, incriminating documents and digital devices were seized
Aug 03, 2024
85,000 industry-ready workforce in semiconductor chip design being trained at 113 academic institutions across the country; Nine such institutions in North-east
Aug 03, 2024
The case pertains to manipulation of stock prices of the scrip of Sunrise Asian by M/s Iceworth Reality LLP and other accused persons/entities in collusion with several inter-connected group entities thereby making unlawful profits at the expense of bonafide investors
Aug 02, 2024
Cabinet approves National High-Speed Road Corridor Projects of length 936 km to reduce congestion and enhance connectivity across the country
Aug 02, 2024
Over 69.92 lakh ITRs filed on a single day on 31st July, 2024
Aug 02, 2024
SEBI has already implemented AI To Process Public Documents; SEBI Chairperson at FICCI's 21st Annual Capital Markets Conference, CAPAM2024
Aug 02, 2024
Healthy demand momentum drives resolutions; however, stretched timelines impacting recoveries
Aug 02, 2024
These actions on 5 coop banks are based on deficiencies in regulatory compliance
Aug 02, 2024
Secretary, Ministry of Skill Development & Entrepreneurship asserts significant progress in entrepreneurship through NIESBUD
Aug 01, 2024
ED investigation revealed that the company Shree Shiv Parvati Sakhar Karkhana availed Rs100 Crore loan from banks, however failed to contribute its share of Rs. 71.19 Crore for the project
Aug 01, 2024
Draft Framework on Alternative Authentication Mechanisms for Digital Payment Transactions
Aug 01, 2024
It is a conversation platform for investors
Jul 31, 2024
Govt building infra at unprecedented speed & scale
Jul 30, 2024
Ministry of Labour and Employment is working towards upgrading the National Career Service (NCS) portal as NCS 2.0 with advanced technological including Artificial Intelligence
Jul 30, 2024
When a default happens in making payment/ repayment by the principal debtor, the lender will be able to proceed against the guarantor even without exhausting the remedies against the principal debtor.
Jul 30, 2024
The Central Tax formations under Central Board of Indirect Taxes and Customs (CBIC) detected ITC that involved 9,190 cases in the Financial Year (FY) 2023-24
Jul 29, 2024
RBI's Report on Currency and Finance (RCF) for the year 2023-24
Jul 29, 2024
Manu becomes the first Indian female shooter to win a medal in Olympics
Jul 29, 2024
Early work on mitigating the climate risk would support the long-term growth
Jul 28, 2024
Role of Assurance Functions in Navigating Growth and Risk
Jul 28, 2024
Prime Minister encouraged States to initiate Demographic Management Plans to address the issues of population ageing in future the creation of River Grids at State level for effective utilization of water resources
Jul 27, 2024
Crimes in this network were being coordinated across distributed centers mainly directed from a Call Centre Operating from DLF Cyber City, Gurugram
Jul 27, 2024
Trading was undertaken through International Brokers namely OctaFx Trading App and website www.octafx.com.
Jul 27, 2024
RBI issues Prompt Corrective Action (PCA) Framework for Primary (Urban) Co-operative Banks: The revised framework is expected to give more focus on the larger UCBs requiring more intensive monitoring by optimal utilisation of supervisory resources.
Jul 27, 2024
Rs654.22 Cr Released For Digitization, Creating Support System And Hardware For PACS; The total number of registered Co-operative societies in Gujarat and Andhra Pradesh are 82,143 and 17,675, respectively
Jul 27, 2024
A number of bank accounts used to park the proceeds of crime by the accused persons were identified during the course of investigation and the balances lying therein were frozen
Jul 26, 2024
RBI Penalizes 3 Payment System Operators
Jul 26, 2024
The opening ceremony of Paris Olympic 2024 will start at 11 p.m. tonight Friday, 26 July. At Paris Olympic 2024 starting today, half of the 10,500 athletes will be women; the revenue for the Olympiad that spans 2017 to 2020/21 was USD 7.6 billion; The IOC redistributes 90% of its revenue
Jul 26, 2024
As Founder and Chairperson of the Reliance Foundation, Nita Ambani seeks to empower millions of Indians with resources and opportunities
Jul 26, 2024
RBI’s concerned instructions shall come into force with effect from April 01, 2025; Increased usage of technology has led to a concomitant increase in risks, requiring proactive management
Jul 26, 2024
Approach towards taxation to be in mode of collaboration and not confrontation: Revenue Secretary
Jul 25, 2024
Max Healthcare CMD Abhay Soi recognized as one of the highest individual tax payers in India
Jul 25, 2024
A PROVISION OF Rs 2.66 LAKH CRORE FOR RURAL DEVELOPMENT INCLUDING RURAL INFRASTRUCTURE MADE THIS YEAR; UNDER PM AWAS YOJANA URBAN 2.0, HOUSING NEEDS OF 1 CRORE URBAN POOR AND MIDDLE-CLASS FAMILIES WILL BE ADDRESSED WITH AN INVESTMENT OF Rs10 LAKH CRORE;
Jul 24, 2024
Working women hostels to be set up in collaboration with industry; Promotion of market access for women SHG enterprises
Jul 24, 2024
Standard Deduction Of Salaried Employees Increased To Rs 75,000
Jul 23, 2024
Looking ahead, the government has signalled a continued reduction in both deficit and debt levels
Jul 23, 2024
Nine Budget Priorities in pursuit of ‘Viksit Bharat’; Fiscal deficit: 4.9 per cent of GDP; Total expenditure: Rs48.21 lakh crore; Net tax receipt: Rs25.83 lakh crore
Jul 23, 2024
The budget's identification of infrastructure, manufacturing, and skilling as key areas for long-term development and subsequent allocation is a step in making India the logistics and manufacturing powerhouse of the world.
Jul 23, 2024
The said coop bank does not have adequate capital and earning prospects
Jul 23, 2024
Economic Survey conservatively projects a real GDP growth of 6.5–7 per cent, with risks evenly balanced; Manufacturing sector is less exposed to AI as industrial robots are neither as nimble nor as cost-effective as human labour; The gig workforce is expected to expand to 2.35 crore by 2029–30.
Jul 23, 2024
Accord Primacy To Healthy Eating And Mental Health: Economic Survey; 64.86 Crore Ayushman Bharat Health Accounts (Abha) Created Under Ayushman Bharat Digital Mission
Jul 22, 2024
Threshold-Based Incentives For MSMEs Must Have Sunset Clauses: Survey Calls For Dialogue With States On Required Policy Changes; States Would Be Encouraged To Set Up Unity Mall To Promote One District One Product
Jul 22, 2024
India’s services landscape witnesses rapid technology driven transformation in domestic services delivery and diversification of exports
Jul 22, 2024
Annual graduation ceremony of Vaikunth Mehta National Institute of Cooperative Management concluded
Jul 20, 2024
These actions on 5 entities are based on their deficiencies in regulatory compliance
Jul 20, 2024
Governor, RBI: Matters such as fixing limits on unsecured exposures are left to the Boards of banks and NBFCs. It has, however, been observed by our supervisory teams that some entities have fixed very high ceilings, even where they already have a high exposure
Jul 19, 2024
The Bulletin includes six speeches, five articles, and current statistics
Jul 19, 2024
There shall be a Board Approved Policy on fraud risk management delineating roles and responsibilities of Board / Board Committees and Senior Management of the Cooperative Bank
Jul 17, 2024
Mumbai Customs Zone-III seizes Gold, Electronics & Foreign Currency (Rs0.45 Cr) across 24 cases
Jul 17, 2024
After Halwa, ceremony is performed every year before the ‘lock-in’ process of officials involved in the Budget preparation begins
Jul 17, 2024
These actions on 5 coop banks are based on deficiencies in regulatory compliance
Jul 16, 2024
These Directions emphasize the need for instituting robust internal audit and controls framework in the REs
Jul 15, 2024
Narendra Modi continues to be most followed world leader on the platform.
Jul 14, 2024
CBI arrests CGST Superintendent And Inspector, Solan in bribe cases related to demand & accepting bribe from complainant
Jul 14, 2024
“Role of newspapers is very important in the journey to Viksit Bharat in the next 25 years”: Narendra Modi
Jul 13, 2024
It has been estimated that if India can grow at the rate of 9.6 per cent per annum over the next ten years, it will break free of the shackles of the lower middle income trap and become a developed economy
Jul 13, 2024
Complaints were registered by IDBI Bank and Bank of Maharashtra on allegations of diverting bank loans through cheating, fraud and criminal breach of trust
Jul 13, 2024
ED initiated investigation on the basis of various FIRs registered by Haryana Police in various districts of State of Haryana relating to claiming false input tax credit and getting fraudulent refunds
Jul 13, 2024
Ministry of Rural Development emphasizes inclusive livelihoods at an exclusive roundtable on poverty alleviation
Jul 12, 2024
Auditors also have the responsibility of ensuring that entities provide appropriate qualitative information related to governance and control mechanisms: Deputy Governor, RBI
Jul 12, 2024
CBI Investigates Corruption in Tendering and Procurement at CSIR-NEERI
Jul 10, 2024
CFOs are urged to invest in technology and data analytics; Swaminathan J, Deputy Governor, RBI: We found certain banks having lakhs of such internal accounts with apparently no valid reason. Some of these accounts were also used as a conduit for ever-greening of loan accounts. Internal accounts are high risk in nature on account of its potential for misuse
Jul 10, 2024
Chairperson, NFRA Ajay Bhushan Prasad Pandey emphasized the end-use monitoring of funds and proactive oversight over the work of branch auditors.
Jul 09, 2024
Achievement of a mutual trade volume more than 100 bln USD by 2030; Aspiration for elimination of non-tariff trade barriers related to bilateral trade between India and Russia; Leaders’ Joint Statement on the development of strategic areas of Russia-India economic cooperation for the period up to 2030
Jul 09, 2024
In the last two years, innovative activities have been initiated in the Skill Development Department: Minister Mangal Prabhat Lodha
Jul 08, 2024
In the course of the in-person consultations, more than 120 invitees across 10 stakeholder groups, including experts and representatives, participated in the meetings
Jul 07, 2024
Union Budget, 2024-25 will be presented in Lok Sabha on 23 July, 2024.
Jul 06, 2024
‘Bharat’ brand stamp is put out after rigorous testing using the world’s most modern technologies: Union Home Minister and Minister of Cooperation: “In the next five years a strong foundation of cooperation will be laid so that cooperation impacts every village and household for the next 125 years; Today 48,000 out of 65,000 PACS have strengthened by adding new activities to its fold
Jul 06, 2024
This action on the public sector bank is based on deficiencies in regulatory compliance
Jul 06, 2024
The coop bank of Maddur, Mandya District, Karnataka does not have adequate capital and earning prospects
Jul 06, 2024
Over 1.35 Cr Travelers Visited Gujarat During Summer Vacation
Jul 06, 2024
Registering a 55% increase in the FDI inflow during FY 2023-24 as compared to the inflow during FY 2022-23, Gujarat received a whopping $7.3 bn in FY 2023-24
Jul 05, 2024
All the arrested accused persons were produced before the Competent Court at Bhubaneswar and have been remanded to police custody till 6th July, 2024
Jul 03, 2024
CBI had registered 12 cases on 28.06.2024 against 14 Officials
Jul 03, 2024
The Search operation led to freezing of shares and securities worth Rs5 Crore, freezing of numerous bank accounts & lockers and seizure of high-end vehicles & expensive watches
Jun 30, 2024
It is revealed that the total Proceeds of Crime (PoC) involved in this case is Rs44.82 Crore, out of which, properties worth of Rs.27.88 Crore (approx.) has been traced
Jun 30, 2024
Rs460 Bn of funds earmarked every year, whereby Rs1500 per month will be given to eligible women between 21 to 60 years of age; target to enroll 25 Lakh women Lakhpati this year; Three gas cylinders will be given free per household per year to 52,16,412 families; training to 10 lakh youths with a stipend up to Rs.10,000 per month having expenditure of Rs100 Bn every year; The Revenue deficit - Rs200.51 Billion, An outlay of Rs6,12,293 Crores for total expenditure to year 2024-25
Jun 29, 2024
Global Efforts Likely Lead To New Global Standards For Compilation Of Macroeconomic Statistics: Governor, RBI; We are making efforts to harness the availability of huge computing power and growing digital footprints to analyse measures of expectations, sentiment indicators and policy credibility measures from alternative data sources: Das
Jun 28, 2024
Denser interconnectivity among financial entities poses broader financial stability risks such as higher contagion and amplification of procyclical behavior in times of stress
Jun 28, 2024
ED investigation revealed that Amtek group had defaulted on the loans exceeding Rs25,000 Crore of more than 15 Banks
Jun 26, 2024
Jio consolidates its leadership position by acquiring the right to use spectrum in the 1800MHz band in 2 circles; Unsold spectrum will again be put to auction next time
Jun 26, 2024
The rise in India’s foreign liabilities was attributed to higher inward direct investments, portfolio investments, loans as well as currency and deposits taken by resident entities
Jun 26, 2024
Premier Li Qiang of China at the World Economic Forum's 15th Annual Meeting of the New Champions, underscores the importance of global cooperation and innovation to drive economic growth and identifies artificial intelligence, green energy and biomedicine as potential multitrillion-dollar pillar industries
Jun 26, 2024
Central Bureau of Investigation (CBI) has registered a case against four accused including three then Assistant Managers and one then Office Assistant (Multi-Purpose), all working in Assam Gramin Vikash Bank, Madhapur Branch, Jorhat
Jun 25, 2024
Bridging Gaps to Build Futures: The key role of SLBCs in driving inclusive development
Jun 25, 2024
Direction is given by TRAI regarding submission of Performance Monitoring Report to the Authority in modified formats on monthly basis
Jun 25, 2024
4-lane bridge over Banas River near Radhanpur and 6-lane bridge at Derol over Sabarmati River
Jun 23, 2024
Dr Ramesh Chand: "Our priority should be to make agricultural policies friendly to small and marginal farmers. We have to ensure that they can use the latest technologies and resources."
Jun 23, 2024
This initiative will provide more facility for the Indian Nationals and OCI passengers coming from other countries
Jun 23, 2024
GST Council recommends to roll-out the biometric-based Aadhaar authentication of registration applicants on pan-India basis in a phased manner
Jun 23, 2024
Waiver of interest and penalty would help in reducing the litigations for the various manual errors
Jun 23, 2024
The meeting was attended by Union Minister of State for Finance Shri Pankaj Chaudhary, Chief Ministers of Goa, Meghalaya, Mizoram, Nagaland, and Sikkim, Deputy Chief Ministers of Bihar, Madhya Pradesh, Odisha, Rajasthan and Telangana, State Finance Ministers and other Ministers
Jun 22, 2024
A case was registered by CBI on 26.09.2010 against two accused including the accused, then Chief Manager, Indian Overseas Bank, Pallayamkottai Branch, Tirunelveli and a private chartered accountant /borrower
Jun 22, 2024
During the search operation, cash totaling Rs 34.5 Lakh and various foreign currencies equivalent to Rs 27 Lakh were recovered and seized
Jun 21, 2024
With increased scale, NBFCs are required to meet stricter compliance requirements. They need to diagnose their compliance systems and adhere to the guidelines issued by RBI: R. Lakshmi Kanth Rao, Executive Director, RBI
Jun 21, 2024
Conference for the Directors on the Boards of select large UCBs of Western Zone was held at Ahmedabad today; 40 large UCBs of Gujarat and Maharashtra were invited; Senior Coop bankers Jyotindra Mehta, Vinod Dadlani, Kanjibhai Bhalala, amongst others, participated in the interactive session
Jun 21, 2024
Advance action is initiated wherever we notice or smell a crisis: RBI Governor; supervisory systems being strengthened Invisible
Jun 21, 2024
Cabinet approves Viability Gap Funding (VGF) scheme for implementation of Offshore Wind Energy Projects
Jun 20, 2024
Arya Chanakya Skill Development Centers will be set up in 1000 colleges in the next three months
Jun 20, 2024
Refunds aggregating to Rs53,322 crore issued in the current fiscal
Jun 19, 2024
The share of deposit insurers (DIs) with paybox plus mandate has risen to 48 per cent (a rise of 11 basis points in ten years), especially among advanced economies; Currently, 1,997 banks, comprising 140 commercial banks and 1,857 cooperative banks, are covered under deposit insurance coverage
Jun 19, 2024
Rs200 Bn Deposited in the accounts of about 9.26 crore farmers on 18 June, 2024
Jun 18, 2024
Regulatory Sandbox: Fourth Cohort on ‘Prevention and Mitigation of Financial Frauds’ – Exit
Jun 18, 2024
29% Central Banks say they will add more gold in the next 12 months
Jun 18, 2024
The seven daylong festival will bring the magic of world-class parallel cinema closer to film enthusiasts across India.
Jun 16, 2024
This initiative has been taken to create a positive vibe and to make the public at large aware about the contribution of Self-Help Group (SHGs) to our society.
Jun 16, 2024
Women’s Participation in extramural research and development (R&D) doubled in the last 10 years: Dr. Jitendra Singh
Jun 15, 2024
About 99.51% of the depositors are entitled to receive full amount of their deposits from DICGC; The bank does not have adequate capital and earning prospects
Jun 15, 2024
Searches Conducted In Bank Fraud Case Against 28 Accused Including Directors & Promoters Of Various Private Companies
Jun 15, 2024
CBI apprehends total three accused
Jun 15, 2024
G7 will launch Extraordinary Revenue Acceleration (ERA) Loans for Ukraine, in order to make available approximately USD 50 billion in additional funding to Ukraine by the end of the year; G7 remain committed to strengthening the rules-based multilateral trading system; fostering strong and inclusive global economic growth, maintaining financial stability and investing in its economies to promote jobs and accelerate digital and clean energy transitions
Jun 15, 2024
PM Modi shared India’s success in leveraging digital technology for public service delivery at the G7 Summit in Apulia, Italy;
Jun 15, 2024
G7 Partnership for Global Infrastructure and Investment
Jun 14, 2024
The Digital Consent Facility (DCA), established by Telecom Service Providers under TRAI’s TCCCPR-2018 Regulations was discussed in detail in the meeting convened by TRAI
Jun 14, 2024
Average Monthly Registrations Decline by 25%
Jun 14, 2024
Sales of listed private non-financial companies registered 6.9 per cent growth (y-o-y) in Q4:2023-24
Jun 14, 2024
These actions on 4 coop banks are based on deficiencies in regulatory compliance
Jun 13, 2024
Rs1729 crores distributed among 8 Municipal Corporations; Class 'A': Rs88 crore allocated to 22 Municipalities; Class 'B': Rs90 crore allocated to 30 municipalities; Class 'A': Rs135 crores allocated to 60 Municipalities; Class 'D': Rs69 crore allocated to 45 municipalities
Jun 13, 2024
“PM Shri Paryatan Vayu Seva” Boosts Connectivity to the captivating destinations of Madhya Pradesh
Jun 13, 2024
Government fully committed to ensure ‘Ease of Living’ for its citizens and will continue to take further steps in this direction, says Nirmala Sitharaman
Jun 13, 2024
These actions on 3 coop banks and 1 NBFC are based on deficiencies in regulatory compliance
Jun 11, 2024
Total 4.21 Crore houses have been completed for the eligible poor families under the housing schemes in the last 10 years.
Jun 11, 2024
First file signed by PM pertains to PM Kisan Nidhi release
Jun 10, 2024
Nadda Gets Health, Ministry of Skill Development and Entrepreneurship Given to Jayant Chaudhary; Jitin Prasada becomes MoS MEITY; Smt. Annpurna Devi Allotted Ministry of Women and Child Development; Nimuben Bambhaniya Made MoS of Consumer Affairs, Food and Public Distribution
Jun 10, 2024
The President of India has appointed Shri Narendra Damodardas Modi as the Prime Minister of India
Jun 09, 2024
Among the states, MPCE is the highest in Sikkim (Rural – Rs. 7,787 and Urban – Rs12,125) and it is the lowest in Chhattisgarh (Rural – Rs. 2,575, Urban – Rs. 4,557)
Jun 09, 2024
The accused persons contacted the victim and convinced her to transfer the investments held in a bank to a crypto currency account claiming that the existing account is not safe
Jun 08, 2024
The event brought together investors and financial institutions from IPEF Member countries like that of Temasek, Global Infrastructure Partners, GuarantCo, Private Infrastructure Development Group (PIDG), Goldman Sachs, I Squared Capital, Mizuho Bank Ltd, Advantage Partners, Nomura, DBS Bank and Citi Bank.
Jun 08, 2024
Revival in rural demand is getting a fillip from improving farm sector activity. Investment activity continues to gain traction, on the back of ongoing expansion in non-food bank credit
Jun 08, 2024
Aspirational Goals in a Multi-Year Time Frame
Jun 07, 2024
Monetary Policy Statement, 2024-25; Resolution of the Monetary Policy Committee (MPC) June 5 to 7, 2024
Jun 07, 2024
RBI Proposes to include replenishment of UPI Lite Wallet and balances in Fastag, National Common Mobility Card in the e-mandate framework; global hackathon, “HaRBInger 2024” with themes ‘Zero Financial Frauds’ and ‘Being Divyang Friendly’ will be launched shortly
Jun 07, 2024
ED initiated investigation on the basis of FIR registered on a complaint of loan fraud by State Bank of India, Hyderabad, for siphoning and diversion of funds, cheating and criminal conspiracy resulting in loss of public money to the extent of Rs166.93 Crore
Jun 07, 2024
CBI registered a case on allegations that accused demanded bribe of Rs1 lakh from complainant practicing tax consultant as reward for having resolved the issue of Input Tax Credit (ITC) of his client Gupta Agency
Jun 07, 2024
BJP won a lesser number of seats than the number predicted in the various exit polls
Jun 05, 2024
Setting the Right Tone from the Top
Jun 04, 2024
Building Trust Through Governance: Backbone of Stressed Assets Reconstruction
Jun 04, 2024
The format of the ITES survey schedule has been updated for the current round
Jun 04, 2024
These actions on 2 coop banks are based on deficiencies in regulatory compliance
Jun 04, 2024
SEBI’s Mobile App is on personal finance for investors
Jun 04, 2024
2.5X Voters of 27 EU countries in their last National Elections; Celebrities, startups, and citizens unite to spread voter awareness
Jun 03, 2024
Self-Declaration Certificate To Become Mandatory For All New Advertisements From 18th June, 2024
Jun 03, 2024
National level Coordination Committee for the World’s largest grain storage plan holds its first meeting in Delhi
Jun 03, 2024
Government money of Rs56 Crore has been misappropriated and embezzled by transfer from the government accounts to the accounts of persons with connivance of the officials of UHBVN, Yamuna Nagar
Jun 03, 2024
Gross GST Revenue Collection In May 2024 Records 10% Y-O-Y Growth
Jun 03, 2024
The size of the Reserve Bank’s balance sheet increased by 11.08 per cent for the year ended March 31, 2024 with an overall surplus of Rs2,10,873.99 crore
May 31, 2024
Develop a consumer protection assessment matrix for REs
May 31, 2024
The draft scale-based enforcement framework for action against various types of REs is under finalization
May 31, 2024
As part of the Agenda for 2024-25, the Department of Regulation (DoR) will focus on certain key deliverables
May 31, 2024
Guidelines On Area Of Operation Of UCBs Are Being Reviewed
May 31, 2024
Survey on the Usage of Coins and Banknotes
May 31, 2024
Designated Court Sentences Directors To 02-03 Years’ Rigorous Imprisonment With Total Fine Of Rs70 Lakh
May 30, 2024
MeitY would set-up guidelines for enhancing user experience of using websites/apps
May 30, 2024
RBI’s action is based on material supervisory concerns
May 29, 2024
82% of chief economists expect the global economy to remain stable or strengthen this year – almost twice as many as in late 2023
May 29, 2024
RBI actions on these 3 banks are based on deficiency in regulatory compliance
May 28, 2024
The action against 2 banks is based on deficiencies in regulatory compliance
May 28, 2024
For the first time the system of knowledge and wisdom which have supported economies, societies and cultures for centuries are now inscribed into the global IP system.
May 26, 2024
The total Proceeds of Crime identified in the case is Rs.1780 Crore.
May 26, 2024
Directorate of Enforcement (ED), Kochi Zonal Office has arrested Ebin Varghese on 15.05.2024 under the provisions of the Prevention of Money Laundering Act (PMLA), 2002
May 26, 2024
Early indications suggest a continuation of the economic momentum during the first quarter of FY25
May 26, 2024
Approval given at 608th Meeting of Central Board of the Reserve Bank of India held on Wednesday at Mumbai
May 22, 2024
May 2024 Issue Of RBI’s Bulletin includes three speeches, four articles, and current statistics
May 22, 2024
Despite these strides, the TTDI warns that significant investment is needed to close gaps in enabling conditions and market share between developing and high-income countries
May 21, 2024
The vaccine cold chain management process, she added will be monitored with the help of new age technology and artificial intelligence through the Animal vaccine Intelligence Network (AVIN) developed by UNDP.
May 21, 2024
ED initiated investigation on the basis of FIR registered by CBI for fraudulently generating and issuance of TDS refunds from Income Tax Department
May 20, 2024
Commission’s crackdown on inducements behind historic spurt
May 18, 2024
Swaminathan J: The frenzy of some of the UCBs to acquire large corporate exposures which are beyond their bite size, is to be strictly avoided
May 18, 2024
‘Governance in ARCs – Towards Effective Resolutions’
May 18, 2024
A rise in consumption spending and a secular rise in spending on financial services would assure that the country would continue to remain the fastest growing economy in the future; Leverage Opportunities At National, Global Level Through Govt-Industry Partnerships: FM Nirmala Sitharaman, Minister of Finance and Corporate Affairs at CII Annual session
May 17, 2024
Conference for the Heads of Assurance Functions of UCBs
May 16, 2024
Swaminathan J: NBFCS need to invest in Early Warning Systems, Stress Testing capabilities, Vulnerability Assessments, Monitoring of Cyber Key Risk Indicators, targeted evaluations of compliance with KYC/AML norms and Transaction monitoring capabilities
May 16, 2024
As a part of risk management framework, the KRAs shall verify the following attributes of records of all clients within 2 days of receipt of KYC records: PAN, Name, Address; SEBI
May 14, 2024
Allegations are of demanding Rs 25 lakh bribe for appointment of 10 contingent labourers as MTS
May 13, 2024
CBI Court Sentences Two Accused Including Then Regional PF Commissioner-And Enforcement Officer Of EPFO, Nagpur To 05 Years’ Rigorous Imprisonment With Total Fine Of Rs4 Lakh In A Case Of Bribery
May 13, 2024
Rao has experience of over three decades in the Reserve Bank having worked in the areas of Regulation of Banks and NBFCs, Supervision of Banks and Consumer Protection
May 11, 2024
These actions on the 3 entities are based on deficiencies in regulatory compliance
May 11, 2024
German Language Training Started In Prabodhini in Mumbai; Germany will need 7 million skilled manpower by 2035
May 11, 2024
FM Nirmala Sitharaman administers Oath of Office to Justice (Retd.) Sanjaya Kumar Mishra
May 07, 2024
Accused Punit Maheshwari maintained the locker, containing the gold Of Rs14 Cr, in the name of his mother with Ballabhgarh branch of Indian Bank
May 06, 2024
Accused Assistant Director, FSSAI, was caught red handed while accepting the bribe of Rs1,20,000/-
May 06, 2024
ED initiated investigation on the basis of FIR registered by Bharti Vidhyapeeth Station, Pune against the accused persons for duping/cheating common people in the name of ponzi/ multi marketing schemes and forex trading platforms promising exorbitant returns and collected more than Rs100 Cr
May 04, 2024
ED initiated investigation on the basis of MLA request received from the US authorities invoking a unique provision of section 2(ra) of PMLA, 2002 implying offence of cross border implications
May 04, 2024
RBI releases draft guidelines on ‘Prudential Framework for Income Recognition, Asset Classification and Provisioning pertaining to Advances - Projects Under Implementation’
May 04, 2024
The accused initially demanded undue advantage of 2% of the total deal value of the property worth Rs5.04 crore and after negotiation, reduced it to 1% of the deal value of the property
May 04, 2024
Directions on reporting of OTC foreign exchange derivative contracts and foreign currency interest rate derivative contracts to the Trade Repository of Clearing Corporation of India Ltd. have been updated
May 03, 2024
Directions on reporting of OTC foreign exchange derivative contracts and foreign currency interest rate derivative contracts to the Trade Repository of Clearing Corporation of India Ltd. have been updated
May 03, 2024
The total value of Rs2000 banknotes in circulation, which was Rs3.56 lakh crore at the close of business on May 19, 2023, when the withdrawal of Rs2000 banknotes was announced, has declined to Rs7961 crore at the close of business on April 30, 2024
May 02, 2024
The searches led to the seizure of significant digital evidence, including mobile phones, computer hard drives, SIM cards, ATM/ Debit cards, email accounts, and various incriminating documents.
May 01, 2024
Disclosure of financial statements via QR code or weblink. Digitisation of the fixed income industry will help in fast information dissemination and also increase efficiencies in listing of debt
May 01, 2024
Designated Court Sentenced 2 To Imprisonment With Total Fine Of Rs3.70 LAKH
Apr 30, 2024
Fair Practices Code for Lenders – Charging of Interest
Apr 30, 2024
These Directions are issued to the entities operating Electronic Trading Platforms (ETPs) on which transactions in eligible instruments, as defined under these Directions, are contracted
Apr 29, 2024
1,000 government, business and civil society leaders to gather in Riyadh, Saudi Arabia
Apr 27, 2024
The task of Integration of Pension Portal of SBI, Bank of Baroda, Punjab National Bank and Canara Bank with Bhavishya portal has been completed; With launch of Integrated Pensioners’ Portal of Bank of India, five Banks stand integrated to provide services from a single window
Apr 27, 2024
Voluntary transition of Small Finance Banks to Universal Banks
Apr 27, 2024
USTR Releases 2024 Special 301 Report on Intellectual Property Protection and Enforcement; The report details concerns and developments in 20 countries that USTR placed on the Watch List
Apr 27, 2024
Going forward, India’s trade deficit may further decline as the PLI scheme deepens its coverage and extends to other sectors
Apr 26, 2024
RBI directs Kotak Mahindra Bank to cease and desist, with immediate effect, from issuing fresh credit cards; Supervisory Action against the private bank under Section 35A of the Banking Regulation Act, 1949
Apr 24, 2024
The ARC shall have a Board-approved policy regarding taking up the role of Resolution Applicant which may, inter alia, include the scope of activities, internal limit for sectoral exposures, etc.
Apr 24, 2024
Maharashtra Skill Development Minister Lodha visited a Technical Education Institute during his visit to Singapore to impart good quality skill training to the youth of Maharashtra
Apr 24, 2024
This is done for hedging interest rate risk
Apr 23, 2024
Antonio Pedro: Africa must invest in human capital development, research and development (R&D), and in learning how to produce, sell and use emerging technologies such as artificial intelligence and genomics that are transforming every aspect of life
Apr 21, 2024
The Special Judge for CBI cases, Gandhinagar has sentenced accused Smt. Preeti Vijay Sahjwani, then Sr. Manager, Indian Overseas Bank (IOB) Vastrapur Branch, Ahmedabad to 07 years’ Imprisonment with fine of Rs. 15,06,50,000/- in a case related to offences of Criminal breach of trust, Forgery for valuable security, using forged document as genuine and causing wrongful loss to the bank.
Apr 21, 2024
Refunds aggregating to Rs3.79 lakh crore issued in FY 2023-24; Net Direct Tax collections (provisional) for Financial Year (FY) 2023-24 exceed Union Budget Estimates by Rs1.35 lakh crore i.e. by 7.40%
Apr 21, 2024
ED initiated investigation on the basis of FIR registered by Central Bureau of Investigation on complaint filed by Central Bank of India against M/s SEL Textiles Limited and its directors for cheating and illegal diversion of loan amount to the tune of Rs1530.39 Crore
Apr 20, 2024
This action is based on the deficiencies in regulatory compliance
Apr 19, 2024
Demand and Time Liabilities do not include borrowings of any Scheduled State Co-operative Bank from State Government and any reserve fund deposits maintained with such banks by any co-operative society within the areas of operation of such banks
Apr 19, 2024
The attached properties include Residential flat situated in Juhu presently in the name of Smt. Shilpa Shetty, Residential Bunglow situated in Pune and Equity shares in the name of Raj Kundra
Apr 19, 2024
These actions on 6 coop banks are based on deficiencies in regulatory compliance
Apr 18, 2024
The issue of the above Directions by the RBI should not per se be construed as cancellation of banking license by RBI
Apr 15, 2024
These actions on 4 coop banks are based on deficiencies in regulatory compliance
Apr 15, 2024
Rs. 4650 crores seized even before polling begins: Higher than total seizures in 2019 polls; ECI cracks down on money power
Apr 15, 2024
RBI has received 13 applications to set up bank under the Guidelines for 'on tap' Licensing of Universal Banks and SFBs
Apr 13, 2024
RBI has received 13 applications to set up bank under the Guidelines for 'on tap' Licensing of Universal Banks and SFBs
Apr 13, 2024
The attached 1807 acres were having registered value of Rs 52.90 Cr and the Proceeds of Crime to the tune of Rs 82.30 Cr were utilised from 2010 to 2013 for acquiring these parcels of land
Apr 11, 2024
Across various frontiers of cutting-edge technology, including quantum computing, machine learning, 6G technology, and green hydrogen, India is prominently positioned as a front runner.
Apr 09, 2024
These actions on 5 coop banks are based on deficiencies in regulatory compliance
Apr 09, 2024
IMF Blog: Financial sector stability: Rapid growth of this opaque and highly interconnected segment of the financial system could heighten financial vulnerabilities given its limited oversight
Apr 09, 2024
Election Commission of India Nudges young & first-time voters through ‘Turning 18’ campaign to enhance participation in GE 2024
Apr 08, 2024
As we look forward to the next decade coinciding with RBI@100, we have to work together and usher in the next generation reforms to place India at a position it rightly deserves: Shaktikanta Das, Governor, RBI
Apr 08, 2024
ED has issued a Provisional Attachment Order for assets of M/s Veena Developers in Bank Fraud case pertaining to Rakesh Wadhawan and Sarang Wadhawan Promoters of HDIL and others (Mack Star Case)
Apr 07, 2024
RBI communication addressed to all commercial and co-operative banks on 5th April, 2024
Apr 06, 2024
RBI Executives Guide Directors of Northern UCBs On Governance, Risk Management,
Apr 06, 2024
The new website can be accessed using the URL https://website.rbi.org.in or through the QR code
Apr 06, 2024
These actions are based on deficiencies in regulatory compliance
Apr 06, 2024
Consumption Is Expected To Support Economic Growth In 2024-25
Apr 05, 2024
Prof. Jayanth R. Varma voted to reduce the policy repo rate by 25 basis points; MPC decided to remain focused on withdrawal of accommodation to ensure that inflation progressively aligns to the target, while supporting growth
Apr 05, 2024
CBDC-Retail will be made accessible by the RBI to a broader segment of users by enabling non-bank payment system operators to offer CBDC wallets
Apr 05, 2024
These actions on 5 coop banks are based on deficiencies in regulatory compliance
Apr 04, 2024
Finance provided by the UCBs to the eligible categories of borrowers shall be subject to the prescribed terms and conditions by the RBI
Apr 03, 2024
Even as the financial landscape evolves and transforms, the underlying principles of good governance, robust risk management, effective compliance, customer protection and responsible business conduct will be increasingly relevant
Apr 03, 2024
Reserve Bank of India issues guidelines / instructions for realising the objectives of Clean Note Policy and enhancing the operational efficiency as part of currency management
Apr 01, 2024
FNV Cell shall submit a status report on a half-yearly basis
Apr 01, 2024
Given the rapid changes taking place in today’s world, especially in the areas of technology, innovation, business practices and growing complexities in the financial sector, the Reserve Bank is constantly evaluating the emerging trends and taking necessary policy measures to remain in sync with the evolving situation: RBI Governor
Apr 01, 2024
Designated court at Lucknow sentences four accused including two then managers of Allahabad Bank, a then partner/director of private companies and a chartered accountant to 3-5 years’ rigorous imprisonment with total fine of Rs Six lakh in a bank fraud case
Mar 31, 2024
Designated Court Sentences Then Assistant Labour Commissioner, Hyderabad To 2 Years’ Rigorous Imprisonment With Fine Of Rs 1 Lakh In A Case Related To Disproportionate Assets
Mar 30, 2024
Designated court sentences then Passport officer with fine of Rs3.10 lakh in a bribery case
Mar 30, 2024
Designated court sentences seven accused including then assistant manager of UCO Bank and then officer of Allahabad Bank to 03-07 years’ rigorous imprisonment with combined fine of Rs8.5 lakh in two separate bank fraud cases
Mar 29, 2024
The Vice-President Jagdeep Dhankhar calls upon the women entrepreneurs to be ‘Vocal for Local’ and promote economic nationalism, while addressing the culmination ceremony of 40 years of FICCI Ladies Organisation
Mar 28, 2024
Government’s Borrowing plan shall be completed through 26 weekly auctions
Mar 28, 2024
These penalty actions on 4 coop banks are based on deficiencies in regulatory compliance
Mar 27, 2024
During the search operations, amounts totaling to Rs16.43 Crore were frozen under the PMLA, 2002
Mar 22, 2024
The omnibus SRO framework prescribes the broad objectives, functions, eligibility criteria and governance standards, which will be common for all SROs, irrespective of the sector
Mar 22, 2024
Often operating outside the regulatory envelope and unconstrained by legacy systems that typically encumber traditional banks, fintech companies exhibit remarkable agility and adaptability in offering customised financial products
Mar 22, 2024
Agency Banks are advised to keep all their branches dealing with government business open on March 31, 2024 (Sunday).
Mar 20, 2024
Designated court sentences five accused to Rigorous Imprisonment of 05 years in a bank fraud case
Mar 19, 2024
It was alleged that accused Assistant Commissioner demanded Rs6,00,000/- bribe from complainant for settling the Show Cause Notice related to Service Tax
Mar 18, 2024
CBI arrested Branch Manager, Aryavart Bank, Ajnar Branch, Mahoba, U.P. while accepting bribe of Rs. 6000/- from the complainant
Mar 18, 2024
‘SVEEP’ is promoting online portals and mobile apps to empower citizens with knowledge about their electoral rights; Voter Information Slip will include information like Polling Station, Date, Time etc. with QR code; Photo Electoral Rolls will be used; Announcement of schedule for general elections to Lok Sabha And Legislative Assemblies Of Andhra Pradesh, Arunachal Pradesh, Odisha & Sikkim, 2024
Mar 17, 2024
The case is against KBC Multitrade Pvt Ltd and their Promoters / Directors
Mar 16, 2024
While the Offices of Ombudsman need to intensify data analytics and use of technology for streamlining the internal processes, adoption of similar approach by the regulated entities is crucial for upholding public trust
Mar 16, 2024
Companies that set up manufacturing facilities for e-vehicles will be allowed limited imports of cars at lower customs duty
Mar 16, 2024
Young generation should acquire advanced skills along with education: Fadnavis
Mar 16, 2024
CCPA website for seamless redressal of violation of consumers rights launched by union minister Piyush Goyal
Mar 16, 2024
India's Techade: Chips for Viksit Bharat' program
Mar 14, 2024
85.64% of the total complaints were received through digital modes; The overall disposal rate for the year at the ORBIOs stood at 97.99% with an average Turn Around Time (TAT) of 33 days
Mar 12, 2024
The projects will be developed in 4 districts of Nashik, Solapur, Ahmednagar and Pune
Mar 09, 2024
It is not required by the successful bidder to submit a Financial Bank Guarantee (FBG) and Performance Bank Guarantee (PBG)
Mar 09, 2024
The trafficked Indian Nationals were trained in combat roles and deployed at front bases in Russia - Ukraine War Zone against their wishes, thus, putting their lives in grave danger; Searches underway at more than 10 locations in 07 cities
Mar 08, 2024
Atul Kumar Tiwari: Role of skilling, education in media and entertainment sector critical in realizing vision of Viksit Bharat: Secretary, Skill Development & Entrepreneurship, GoI
Mar 08, 2024
CBI conducts searches in seven cities in an on-going investigation of a case in connection with suspicious IMPS transactions
Mar 07, 2024
Union Home Minister and Minister of Cooperation, Shri Amit Shah, addresses IGF Annual Investment Summit – NXT10 in Mumbai
Mar 07, 2024
CGST Mumbai Zone, CGST Navi Mumbai Commissionerate arrested the person of a firm for supplying taxable service amounting to Rs. 492 Cr approximately without issuing any tax invoice
Mar 06, 2024
Submit a quarterly statement on the quantum of remittances received through Money Transfer Service Scheme using the eXtensible Business Reporting Language (XBRL) platform
Mar 06, 2024
Taking total arrests to 8 in an on-going investigation of a case related to bribery of rs20 lakh; After further searches cash recovery/seizure comes to over Rs2 crore (approx) including bribe money
Mar 05, 2024
The Press Sewa Portal intends to put in place a chatbot-based interactive grievance resolution mechanism. The Portal ensures paperless processing and offers services with e-sign facility, digital payment gateway, QR code-based digital certificates for instant download.
Mar 02, 2024
After considering the written and oral submissions of the Paytm Payments Bank Ltd, Director, FIU-IND, based on the voluminous material available on record, found that the charges against Paytm were substantiated
Mar 01, 2024
Indian economy remained resilient with robust 7.6% growth rate of GDP in FY 2023-24 over and above 7% growth rate in FY 2022-23
Mar 01, 2024
These actions on 4 coop banks are based on deficiencies in regulatory compliance
Feb 29, 2024
One bank has been penalized for non-compliance with certain directions issued by RBI on ‘Data Format for Furnishing of Credit Information to Credit Information Companies and other Regulatory Measures’, ‘Resolution Framework 2.0 – Resolution of Covid-19 related stress of Micro, Small and Medium Enterprises (MSMEs)’ and ‘Resolution Framework - 2.0: Resolution of Covid-19 Related Stress of Individuals and Small Businesses’
Feb 27, 2024
CBI also fined former Chief Manager of the bank Rs4,37,500
Feb 26, 2024
Any lack of transparency can undermine trust and confidence in the system> Anita Shah Akella (IA&AS), Joint Secretary of the Ministry of Corporate Affairs
Feb 26, 2024
Sudarshan Setu has a total of 12 tourist galleries giving an expansive view of the ocean; The electricity consumption for lighting the bridge will be generated from the solar panels fitted to it; Multiple development projects worth more than Rs4150 crores in Dwarka dedicated to the nation
Feb 26, 2024
Chairperson, 16th Finance Commission at ABP Network’s ‘Ideas of India’ Summit 3.0: “The conditions are perfectly there for India to take the world by storm. India is now the only economy, which is growing strongly.”
Feb 24, 2024
The accounts of 20 different activities of PACS will be integrated into single software: Amit Shah; PACSs have been strengthened by computerizing them with an outlay of Rs25 Bn; PM inaugurated pilot project of ‘World's Largest Grain Storage Scheme in Cooperative Sector’ in 11 Primary Agricultural Credit Societies (PACSs) in 11 states
Feb 24, 2024
FM praised the Artificial Intelligence initiative in BITS Pilani, which is working on message to video conversion using AI and hoped that it will be available to market in affordable way for usage
Feb 24, 2024
CBI has arrested Chief Office Supdt., DRM Office, Western Railway, Mumbai for demanding and accepting bribe of Rs50,000/- from a complainant (representative of a private company) for processing three bill
Feb 24, 2024
High Speed Rail corridor targeted to begin functioning between Surat and Bilimora by 2026: Minister for Railways visits Bullet train construction sites at Vikhroli and BKC in Mumbai
Feb 23, 2024
ED initiated investigation on the basis of FIR registered by Anti-Corruption Bureau, Panchkula (Haryana) under various sections of Indian Penal Code, 1860 and Prevention of Corruption Act, 1988 against the accused
Feb 22, 2024
High Court, Jharkhand had directed CBI to take over investigations of all FIRs registered in the state of Jharkhand against Chit-Fund Companies
Feb 21, 2024
The Govt. of Japan has committed Official Development Assistance loan of for nine projects in various sectors
Feb 20, 2024
CBI has registered a case on complaint against the said Enforcement Officer, EPFO, Tirunelveli, Tamil Nadu on allegations that accused demanded bribe of Rs15 lakh from complainant who is running a software company at Tirunelveli
Feb 20, 2024
CBI apprehended accused APO red handed while accepting bribe of Rs 25,000. RPO and another APO of Regional Passport Office, Jalandhar were also apprehended
Feb 17, 2024
CBI apprehends 4 persons including two senior section engineers and one assistant divisional electrical engineer of two railway zones in two separate cases of bribery
Feb 17, 2024
APEDA's 38th Foundation Day marks agricultural export expansion milestone keywords Agricultural and Processed Food Products Export Development Authority (APEDA), export basket, Principal Commodities, Basmati Rice, and Fresh Vegetables.
Feb 17, 2024
FCI is creating an Integrated IT system, leveraging existing internal systems (FAP, HRMS) and external systems (State procurement portals, CWC/SWC
Feb 17, 2024
Sangrur farmer turns exporter, ships 14 metric tonne ready-to-cook millets to Australia
Feb 14, 2024
From substantive subsidies, which will be given directly to people's bank accounts, to heavily concessional bank loans, the Central Government will ensure that there is no cost burden on the people
Feb 14, 2024
The Board has recommended a distribution of historic income amount of Rs1,07,000 crores to EPF members' accounts on a total principal amount of about Rs. 13 lakh crores
Feb 10, 2024
PM addresses ET Now Global Business Summit 2024: Through the Swacchta Abhiyan where the government made Rs1100 crores by selling office junk lying around in government buildings; “Stability, consistency and continuity make for the ‘first principles’ of our overall policy making”; “Productive expenditure in the form of capital expenditure, unprecedented investment in welfare schemes, control on wasteful expenditure and financial discipline - Four main factors in each of our budgets”
Feb 10, 2024
The MPC also decided to remain focused on withdrawal of accommodation to ensure that inflation progressively aligns to the target, while supporting growth
Feb 08, 2024
The Global Biofuels Alliance has brought together governments, institutions and industries from all over the world
Feb 06, 2024
98 fraudsters/masterminds have been apprehended by the Directorate General of GST Intelligence (DGGI) by using data analytics aided by advanced technical tools
Feb 05, 2024
Government To Launch Housing Scheme For Deserving Sections "Living In Rented Houses, Or Slums, Or Chawls And Unauthorized Colonies" To Help To Buy Or Build Their Own Houses ; Five Integrated Aquaparks To Be Setup
Feb 01, 2024
The Gross And Net Market Borrowings Through Dated Securities During 2024-25 Are Estimated At Rs 14.13 Lakh Crore And 11.75 Lakh Crore Respectively; Capital Expenditure Outlay For The Next FY Is Being Increased By 11.1 %To Rs 11,11,111 Crore, Which Would Be 3.4 %Of The GDP; Scheme Of 50 Year Interest Free Loan For Capex To States Will Be Continued This Year With Total Outlay Of Rs 1.3 Lakh Crore; Development Approach For Making India Viksit Bharat By 2047; About One Crore Tax Payers Expected To B
Feb 01, 2024
Tax benefits to Start-Ups, investments made by Sovereign wealth funds or pension funds extended to 31.03.2025
Feb 01, 2024
Cabinet approves Scheme of Sugar Subsidy for AAY Families under PDS; marketing margin for supply of Domestic gas to Fertilizer and extension of Animal Husbandry Infrastructure Development Fund
Feb 01, 2024
ED initiated investigation on the basis of a show Cause Notice issued by the Commissioner of Customs, Customs Preventive Commissionerate, Ernakulam
Feb 01, 2024
WITH OVERALL COLLECTION REACHING RS16.69 LAKH CRORE, GST COLLECTIONS REGISTER 11.6% Y-O-Y GROWTH IN 10-MONTH PERIOD; THE GOVERNMENT HAS SETTLED RS43,552 CRORE TO CGST AND RS37,257 CRORE TO SGST FROM THE IGST COLLECTION
Feb 01, 2024
In a notification issued by the union finance ministry just ahead of the union budget, the import duty on the spare parts, used in mobile phones manufacturing has been reduced from 15% to 10%
Jan 31, 2024
These actions on 4 coop banks are based on deficiencies in regulatory compliance
Jan 30, 2024
The advent of Artificial Intelligence poses the profound and troubling questions for growth in services trade and employment since technology might remove the advantage of cost competitiveness that countries exporting digital services enjoy
Jan 30, 2024
Govt amends CCS (Pension) Rules, 2021
Jan 29, 2024
SEBI Chairperson Madhabi Puri Buch: When standards are proposed by the market practitioners themselves, many wrinkles in implementation are ironed out at inception
Jan 29, 2024
U.S. Sets Visa Records in India in 2023 through Innovations, and Increased Efficiency; The U.S. consular team in India issued over 140,000 student visas in 2023 – more than in any other country in the world setting a record for the third year in a row
Jan 29, 2024
Over the past few months, SEBI has come across more than 40 cases involving over INR 30,000 crores, where AIFs appear to have been structured to facilitate circumvention of certain financial sector regulations
Jan 27, 2024
CBI laid a trap and caught the accused red handed while accepting partial bribe amount of Rs20,000/- from the complainant
Jan 27, 2024
The attached properties consist of immovable properties, a Car & Gold Jewellery
Jan 26, 2024
It was alleged that accused diverted the funds for their personal gain without its end utilization and caused loss to the tune of over Rs4.40 crore
Jan 26, 2024
ED initiated investigation on the basis of FIR registered by EOW, Delhi Police wherein Religare Finvest Ltd (RFL) made allegations against the 4 companies of hatching a criminal conspiracy for causing wrongful loss to RFL by defaulting on a loan of Rs150 Crore
Jan 26, 2024
CCI is committed to inclusive and transparent governance, particularly in the formulation of regulations: Chairperson, CCI
Jan 25, 2024
An assessment of the fiscal health of Panchayati Raj Institutions (PRIs) is challenging due to the uneven availability of data on their revenues and expenditures
Jan 25, 2024
The App can also be downloaded from the Union Budget Web Portal www.indiabudget.gov.in; Final stage of preparations for Interim Union Budget 2024 commences with Halwa Ceremony
Jan 24, 2024
Projects will be identified under National Ropeways Development Programme "Parvatmala Pariyojana"
Jan 24, 2024
The Bulletin includes seven speeches, six articles, current statistics. Financial Stability Report December 2023 and Report on Trend and Progress of Banking 2022-23 are supplements to the January 2024 Bulletin
Jan 24, 2024
PM chairs a meeting to launch "Pradhanmantri Suryodaya Yojana, which aims to reduce the electricity bill of the poor and middle class, along with making India self-reliant in the energy sector
Jan 23, 2024
Need to look at resolution of conglomerates and addressing resolution of corporate groups: Deputy Governor, RBI
Jan 22, 2024
The Bulletin includes Monetary Policy Statement December 8, 2023, two speeches, seven articles and current statistics
Jan 22, 2024
ED investigation revealed that illegal Online Betting App such as Dhangames and other Satta Matka Apps were being operated in Madhya Pradesh, Karnataka and other parts of the country to lure unsuspecting masses
Jan 20, 2024
The 3-day Variable Rate Repo (VRR) auction conducted on Friday with date of reversal on January 22, 2024 will now be reversed on January 23, 2024
Jan 20, 2024
ED initiated investigation on the basis of FIR registered by the CBI, ACB, Srinagar
Jan 19, 2024
According to the World Economic Forum report, women on average spend 25% more of their lives in poor health than men. Closing the health gap facing women globally could lead to a 1.7% increase in per capita GDP, with every $1 invested in these efforts potentially unlocking $3 in economic growth
Jan 18, 2024
TradeTech Global initiative outlines a vision for collaborative use of technology for global commerce to unlock trillions in trade
Jan 17, 2024
Govt Tech To Become Biggest Software Market Of Over $1 Trillion By 2028
Jan 16, 2024
Joint statement on India - United States on Policy Forum
Jan 13, 2024
Narendra Modi Inaugurates Atal Bihari Vajpayee Sewri-Nhava Sheva Atal Setu and lays foundation stone of underground road tunnel connecting Eastern Freeway's Orange Gate to Marine Drive
Jan 13, 2024
Investor Facilitation Portal (IFP) has registered total MoUs for 98,540 projects, with proposed investments of Rs45.20 lakh crore, that have been inked between duration of conclusion of 9th and 10th VGGS.i.e. during 2019 to 2024
Jan 12, 2024
RBI has issued differentiated cybersecurity baseline control frameworks for the varied entities; A graded approach for the co-operative banks has been implemented, depending upon the digital services they offer
Jan 12, 2024
A green energy plant with a 30,000-MW capacity is currently under construction in Gujarat, aiming to supply environmentally friendly energy to various industries, including semiconductors
Jan 11, 2024
UAE – India CEPA Council (UICC) website launched, Dr. Thani bin Ahmed Al Zeyoudi spoke about the wealth of prospects for the respective private sectors, who now benefit from lower tariffs, better market access, and more investment pathways
Jan 11, 2024
Narendra Modi; Global institutions are upbeat about India's economic growth
Jan 10, 2024
PM Modi welcome Sheikh Mohamed bin Zayed Al Nahyan, President of UAE at Ahmedabad Airport
Jan 09, 2024
The successful transition of all MPCSs to the 'go live trial' stage in PACS computerization project marks a pioneering achievement
Jan 09, 2024
The FIR was registered by CBI on the complaint against Associate High Pressure Technologies by Union Bank of India for defrauding them
Jan 09, 2024
69 Dak Ghar Niryat Kendras made operationalized in Maharashtra and Goa State
Jan 08, 2024
CM Bhupendra Patel launched the "Double Decker AC Electric Bus" at Gift City. 1800 hectares of undeveloped land across various GIDCs in the state will facilitate the establishment of new industries, fostering job creation and economic development
Jan 08, 2024
Gross purchases (60t) heavily outweighed gross sales (15t) as central bank demand maintained its momentum
Jan 08, 2024
ED initiated investigation on the basis of FIR and subsequent charge-sheet, alleging that the fraudulent transactions of Rs31.93 Cr from the bank account of Competent Authority for Land Acquisition (CALA) cum District Land Acquisition Officer (DLAO) were executed and funds were siphoned off using bank accounts of various shells/dummy entities
Jan 06, 2024
It was alleged that the accused during 2007 to 2012 at Tiruvottiyur Post Office, Chennai entered into conspiracy related to forging the signature of depositors in the withdrawal/closure forms & pre maturely closing monthly income scheme, RD Scheme and Senior citizen Saving Scheme of the depositors for misappropriating the proceeds of deposits
Jan 06, 2024
Case of embezzlement of NHAI and HSIIDC funds
Jan 06, 2024
The proposed projects aim to enhance seamless connectivity between Tamil Nadu and Kerala, ensuring swift and trouble-free transportation
Jan 06, 2024
CREDAI pledged to fulfil the five resolutions made to commemorate their 25 years of celebration
Jan 05, 2024
Cooperation Minister: We will buy pulses from all the farmers who register on this portal even before production...this is PM Modi's guarantee
Jan 05, 2024
The Connection under the project, funded by Universal Services Obligation Fund will ensure a paradigm shift in communication infrastructure in the Lakshadweep islands
Jan 03, 2024
Record MoUs have been signed in a single day in the presence of Chief Minister Bhupendra Patel
Jan 03, 2024
Deputy Governor, Reserve Bank of India meets MD & CEOs of Credit Information Companies
Jan 03, 2024
ED initiated investigation on the basis of two FIRs registered by Directorate of Vigilance and Anti-Corruption (DVAC), Vellore, Tamil Nadu, against M. Pannirselvam for corruption and acquiring assets to the tune of ? 7.54 Crore through ill gotten money which is disproportionate to his known sources of income
Jan 03, 2024
the incentive will be applicable for a total of five consecutive financial years, starting from the financial year 2023-24
Jan 02, 2024
Income Tax Department made over 103.5 crore outreaches through targeted e-mail, SMS and other creative campaigns
Jan 02, 2024
Withdrawal of Rs2000 Denomination Banknotes – Status
Jan 02, 2024
Posting a growth rate of 12% Y-o-Y, Rs14.97 lakh crore gross GST collection during April-December 2023 period
Jan 01, 2024
CBI had registered a case on 30.03.2011 on complaint from Oriental Bank of Commerce, Indore that then Chief Manager in collusion with other accused, had sanctioned Cash Credit Facilities amounting to Rs8.1cr against forged Ware House Receipts to 7 firms
Jan 01, 2024
The accused adopted different modus operandi for his personal benefits and manipulated the entries in the Core Banking System (CBS) of the bank by using his own User ID & User IDs of other officers of the bank
Jan 01, 2024
Ritvik Ranjanam Pandey has been appointed as Secretary to the Commission
Jan 01, 2024
Cooperation Minister: We are giving Rupay cards to every farmer. Every village dairy is being made a ‘Bank Mitra’ and is being provided ATMs, and the accounts of the dairy and every farmer are being transferred to the District Cooperative Bank; Headquarters of NCDFI is going to be built in Anand at an expense of about Rs32 crore and will be a 100 percent green building
Dec 31, 2023
The airport will improve connectivity, leading to a boost in tourism, business activities and employment opportunities; PM dedicated to the nation multiple development projects worth more than Rs15,700
Dec 30, 2023
The Internal Ombudsman / Deputy Internal Ombudsman cannot be removed before the completion of his / her contracted term without the explicit approval of the Reserve Bank of India
Dec 29, 2023
DPIIT hosts Chintan Shivir for Manufacturing
Dec 29, 2023
These actions against 5 Coop banks are based on deficiencies in regulatory compliance
Dec 29, 2023
ED initiated investigation on the basis of FIR registered by Kolkata Police under various sections of IPC
Dec 28, 2023
The instant case was registered on complaint against an EPFO officer and a private person, both resident of Nashik, Maharashtra
Dec 28, 2023
RBI releases the Financial Stability Report, December 2023
Dec 28, 2023
Based on the comments received, the Directions have been finalized and are being issued herewith; RBI (Government Securities Lending) Directions, 2023
Dec 28, 2023
Net outgo on the primary income account, primarily reflecting payments of investment income, increased to US$ 12.2 billion from US$ 11.8 billion a year ago
Dec 27, 2023
The blanket ban on all investments in AIFs with downstream investments in debtor companies suggests a misplaced notion that all such investment are tantamount to "evergreening"
Dec 27, 2023
PM Gives cheque of about Rs2.24 Bn pertaining to the dues of the Hukumchand Mill workers, to the official liquidator and heads of the Labour Union
Dec 25, 2023
The government has made arrangements for small hawkers to get loans without any guarantee under the scheme
Dec 25, 2023
RBI's action is based on deficiency in regulatory compliance
Dec 25, 2023
LRS for Resident Individuals- Reporting of monthly return and daily transactions
Dec 25, 2023
The Central Bureau of Investigation has arrested a Senior Superintendent of Post Offices, Bhimavaram Division, West Godavari District (Andhra Pradesh) for demanding & accepting bribe of Rs. 2.5 lakh from the Complainant
Dec 25, 2023
It was alleged by CBI that during the years 2007 to 2009, R Sekar, then Protector of Emigrants (POE), along with others, entered into a conspiracy and in pursuance of that, collected bribe amount in the form of 'Speed Money' from various Recruiting agents for clearance of Emigration Certificates
Dec 25, 2023
A total of 47 MoUs were concluded in a single day In the run up to the Vibrant Gujarat Global Summit 2024
Dec 25, 2023
Factual position vis-à-vis IMF's Article IV consultations with India
Dec 23, 2023
ED investigation revealed that the loan amount had been diverted to various bogus firms
Dec 23, 2023
ED investigation revealed that the bank branch manager and his associates, who were found involved in the process of money laundering, were arrested
Dec 23, 2023
MDs of the banks shall monitor particularly top 20 IBC accounts at their level
Dec 23, 2023
The course aims to foster collaboration between public and private sectors in infrastructure capacity-building
Dec 23, 2023
These actions on 4 coop banks are based on deficiencies in regulatory compliance
Dec 23, 2023
During the search operation, a large number of incriminating evidence in the form of documents and digital data has been found & seized
Dec 22, 2023
Comments/ feedback from the stakeholders and members of the public on the draft omnibus framework may be submitted to the RBI by January 25, 2024, through e-mail
Dec 22, 2023
The greenfield airport at Bhogapuram, Andhra Pradesh is being developed by GMR Airports
Dec 21, 2023
Advancing the Role of Women in Agriculture Supply Chain
Dec 21, 2023
With strong growth in tax and non-tax revenues in H1:2023-24, the States have frontloaded their capital spending, aided by the Centre's scheme for 'Special Assistance to States for Capital Investment'
Dec 21, 2023
This year, the conference convened over 70,000 participants, including heads of state, government officials, industry leaders, academics, and representatives from across the world at Expo City Dubai
Dec 21, 2023
It has been decided by the RBI to enable CoFT directly through card issuing banks / institutions also
Dec 21, 2023
To explore best practices, the airport operators are tasked with presenting biometric enabled models being successfully used in other countries
Dec 20, 2023
These actions on 5 coop banks are based on deficiencies in regulatory compliance
Dec 20, 2023
India's growth is expected to remain strong, supported by macroeconomic and financial stability. Real GDP is projected to grow at 6.3% in FY2023/24 and FY2024/25
Dec 20, 2023
REs shall not make investments in any scheme of AIFs which has downstream investments either directly or indirectly in a debtor company of the RE
Dec 19, 2023
Footfall of more than 10 crore people recorded in over 12.6 lakh Health Melas
Dec 18, 2023
ED initiated investigation on the basis of the investors' complaints lodged before the Economic Offences Wing (EOW), Madurai against Neomax Properties
Dec 18, 2023
SDB will be a global centre for trading of both rough and polished diamonds as well as jewellery. Bourse will comprise state of the art ‘Customs Clearance House’ for Import – Export; Jewellery mall for retail jewellery business and facility of International Banking and Safe Vaults
Dec 16, 2023
Sudhir Panikassery: Long-term benefits for MSMEs might come from utilizing digital transactions and a simple procurement process
Dec 15, 2023
Overseas business of Indian banks expanded as both mobilisation of deposits as well as lending activities increased during the yearOverseas business of Indian banks expanded as both mobilisation of deposits as well as lending activities increased during the year
Dec 15, 2023
These actions on 5 coop banks are based on deficiencies in regulatory compliance
Dec 15, 2023
NABARD is the implementing agency for the project and will develop a common national level software for Agricultural and Rural Development Banks
Dec 13, 2023
The NBFC company shall not transact the business of a Non-Banking Financial Institution, as defined in clause (a) of Section 45-I of the RBI Act, 1934
Dec 13, 2023
The feat of bringing in the most vulnerable sections of society under the coverage of pension has been made possible with the untiring efforts of all banks
Dec 13, 2023
This circular is issued under Section 10 (2) read with Section 18 of the Payment and Settlement Systems Act, 2007 (Act 51 of 2007), and shall come into effect immediately
Dec 13, 2023
The theme of this year's Report is "Revenue Dynamics and Fiscal Capacity of Indian States"
Dec 12, 2023
These entities seem to be actively promoting many such campaigns in the print media as well as social media platforms
Dec 11, 2023
Bhupinder Singh Bhalla: We need about 27 lakh crores of investment in Renewable Energy capacities, much of it will have to come from within India
Dec 11, 2023
Ajay Sheth, Secretary, DEA said that there are currently 35 crore active users on UPI, which roughly accounts for eight digital transactions a month by a citizen. The annual volume comes up to INR 200 lakh crores
Dec 09, 2023
So far in 2023, the U.S. Mission to India has processed over 1.2 million non-immigrant visas, of which U.S. Consulate General Mumbai processed more than 400,000– an all-time record
Dec 09, 2023
RBI has taken a number of pro-active steps to support Fintech ecosystem and lay down a regulatory framework
Dec 08, 2023
The standing deposit facility (SDF) rate remains unchanged at 6.25 per cent and the marginal standing facility (MSF) rate and the Bank Rate at 6.75 per cent
Dec 08, 2023
These actions on are based on deficiencies in regulatory compliance
Dec 08, 2023
The bank does not have adequate capital and earning prospects
Dec 08, 2023
Certain provisions have specifically been introduced for strengthening the audit process of Multi-State Cooperative Societies: This was stated by the Minister of Cooperation, Amit Shah in the Lok Sabha
Dec 06, 2023
ED initiated investigation on the basis of FIR registered by Special Vigilance Unit (SVU), Patna
Dec 06, 2023
The Special Judge, CBI Cases, Mohali (Punjab) has convicted Shankar Batra, then Manager, SAIL; Ashwini Oberoi, then Senior Assistant/Cashier, SAIL & Buta Ram Ghai, then Assistant, SBI
Dec 06, 2023
CBI Conducts Searches At Around 13 Locations In West Bengal & Karnataka: Electronic evidence including mobile phones, laptops, computer systems, email archives, and debit/credit cards recovered
Dec 05, 2023
These actions on 4 coop banks are based on deficiencies in regulatory compliance
Dec 05, 2023
The Commissioner for Cooperation and Registrar Cooperative Societies, Maharashtra has also been requested to issue an order for winding up the bank and appoint a liquidator for the bank
Dec 05, 2023
ED's search operations in Chennai, Mumbai
Dec 05, 2023
ED initiated investigation on the basis of FIR registered by CBI, ACB, Visakhapatnam under various sections of the Indian Penal Code, 1860 and Prevention of Corruption Act, 1988 alleging large-scale fraud at IDBI Bank, Rajahmundry Branch
Dec 02, 2023
The MoU establishes a framework for the BoE to place reliance on RBI's regulatory and supervisory activities while safeguarding UK financial stability
Dec 02, 2023
The share of personal loans in bank credit has successively increased to over 30 per cent from 22 per cent share five years ago
Dec 02, 2023
During the course of search operations, several incriminating documents, property documents, including digital devices, have been recovered and seized
Dec 01, 2023
The Rs2000 banknotes continue to be legal tender
Dec 01, 2023
Over the next decade, these solutions will help mobilize private capital towards the US$10.1 trillion needed to meet India's net-zero target by 2070
Dec 01, 2023
98% to be sourced from domestic industries in major boost to 'Aatmanirbharta' in defence; Medium Range Anti-Ship Missiles for surface platform of Indian Navy accorded approval; Acquisition of Towed Gun System cleared to replace Indian Field Gun; Procurement of Light Combat Helicopters & Light Combat Aircraft Mk 1A from HAL gets a nod
Dec 01, 2023
98% to be sourced from domestic industries in major boost to 'Aatmanirbharta' in defence; Medium Range Anti-Ship Missiles for surface platform of Indian Navy accorded approval; Acquisition of Towed Gun System cleared to replace Indian Field Gun; Procurement of Light Combat Helicopters & Light Combat Aircraft Mk 1A from HAL gets a nod
Dec 01, 2023
These actions are based on the deficiencies in regulatory compliance.
Dec 01, 2023
These actions are based on the deficiencies in regulatory compliance
Dec 01, 2023
These actions on 5 coop banks are based on deficiencies in regulatory compliance
Dec 01, 2023
The transactional use of cash has been on a decline and is increasingly getting substituted with digital modes of payments
Nov 30, 2023
German Agency for International Cooperation (GiZ), Organization for Economic Cooperation and Development (OECD), United Nations Research Institute for Social Development (UNRISD), Impact Hub and Fourth Sector Group collaborated in organizing the Summit
Nov 30, 2023
The scheme seeks to empower women Self Help Groups and bringing new technologies through drone services in agriculture sector
Nov 30, 2023
Investment, collaboration and robust R&D-translation ecosystem can create impact at National level in CCUS towards India's Net Zero target by 2070: Experts
Nov 29, 2023
PayTM, Google Pay, Razorpay, banks and RBI, TRAI, NPCI, UIDAI discuss issues with DFS Secretary; Rs9 Bn defrauded money saved, benefitting 3.5 lakh victims
Nov 29, 2023
Reduction in minimum application size in case of public issuance of ZCZP by NPOs on SSE from Rs2 lakh to Rs10,000, thereby enabling wider participation of subscribers including retail
Nov 26, 2023
There is a need to adopt international standards for greater participation of MSMEs in global value chains, and creating more and better-quality jobs
Nov 25, 2023
Jagdeep Dhankhar: India is emerging as a global hub of financial and accounting processes
Nov 24, 2023
Together, the two organisations will convene a group of industry stakeholders to identify the key challenges on both legitimate and illegal aspects of hand-carried gold
Nov 24, 2023
These actions on the 3 entities are based on deficiencies in regulatory compliance
Nov 24, 2023
The bank shall continue to carry on its normal banking activities as is hitherto, under the guidance of the Administrator
Nov 24, 2023
The Court has granted ED custody for 3 days
Nov 24, 2023
RBI extends the Directive for a further period of 3 months to close of business
Nov 24, 2023
These actions on the 5 entities are based on deficiencies in regulatory compliance
Nov 24, 2023
State government is working on a roadmap to make healthcare accessible, accountable and affordable
Nov 23, 2023
Secretary, DFS, MoF, highlighted the thrust of Government of India on reaching the last mile through banking and digital tools
Nov 23, 2023
Brief: The Reserve Bank recently released the November 2023 issue of its monthly Bulletin. The Bulletin includes four articles, out of which one article is titled 'Reading the Market's Mind: Decoding Monetary Policy Expectations from Financial Data.'This article uses the Overnight Index Swaps (OIS) rate to decode the near-term market expectations of changes in the monetary policy rate during 2016 to 2023.
Nov 23, 2023
Oneweb has obtained in principle approval to establish and operate two gateways in Gujarat and Tamil Nadu, which would secure the provision of vital high-speed, low-latency internet connectivity to customers across India, once services are rolled out
Nov 22, 2023
These actions on the 2 entities are based on deficiencies in regulatory compliance
Nov 22, 2023
M/s Think and Learn stated to have made significant foreign remittances outside India and investments abroad, which were allegedly in contravention of provisions of FEMA, 1999 and caused loss of revenue to the Government of India
Nov 21, 2023
RBI extends the Directive for a further period of 3 months to close of business on February 24, 2024, subject to review
Nov 21, 2023
Incentive for foreign film production enhanced from 30% to 40% as part of ensuring ‘Ease of Doing Business in India; Additional 5% percent bonus for Significant Indian Content in foreign films
Nov 20, 2023
Election Seizure Management System (ESMS) facilitating coordination amongst enforcement agencies
Nov 20, 2023
RBI action is based on deficiencies in regulatory compliance
Nov 20, 2023
In response to the cumulative hike in repo rate by 250 bps during May 2022 to October 2023, the SCBs revised their repo-linked benchmark rates upwards by the same magnitude
Nov 20, 2023
The Forum was attended by corporate leaders including Co-CEO of KKR Joseph Bae; Chairman and CEO of BlackRock Larry Fink; CEO of Citi Jane Fraser; President, CIO and CFO of Alphabet and Google Ruth Porat; and Founding Partner and Executive Chair of TPG Jim Coulter
Nov 18, 2023
Special Rupee Vostro Accounts
Nov 17, 2023
RBI extends the Directive for a further period of three months to close of business on February 17, 2024, subject to review
Nov 17, 2023
The Bulletin includes five speeches, four articles and current statistics
Nov 17, 2023
This action is based on deficiencies in regulatory compliance
Nov 17, 2023
Regulatory measures towards consumer credit and bank credit to NBFCs
Nov 16, 2023
Over 600 artisans from 28 States and Union Territories participating in GI Pavilion
Nov 16, 2023
India has become the benchmark for global best practices: Chairperson, SEBI
Nov 16, 2023
This action is necessitated due to non-adherence of the company to the extant provisions of Digital lending guidelines
Nov 16, 2023
In the current edition of the Handbook, in addition to the updation of the existing data series, 6 new tables have been included
Nov 16, 2023
Goyal emphasized the need for mobilizing affordable financing for clean economy transition and for enhancing technology cooperation
Nov 15, 2023
No interest will accrue thereon from December 07, 2023
Nov 15, 2023
Hospital/claim management systems (HMIS) of Jupiter Hospitals, Kauvery Hospitals, Akhil systems, Kare Expert, Fortis Hospitals, Narayana Hrudayalya and Vitraya Technologies were able to complete the M1 integration of Ayushman Bharat Digital Mission
Nov 14, 2023
Commerce and Industry Minister discussed potential collaboration under the Indo-Pacific Economic Framework (IPEF), ways and means of further enhancing bilateral trade and commerce linkages, matters related to WTO, and other issues of mutual interest
Nov 14, 2023
The Food Index consisting of 'Food Articles' from Primary Articles group and 'Food Product' from Manufactured Products group has increased from 177.8 in September, 2023 to 179.6 in October 2023
Nov 14, 2023
The IMF Statistics Department has launched the update of the sixth edition of the Balance of Payments and International Investment Position Manual (BPM6) targeting to publish an updated version of the Manual (BPM7) by March 2025
Nov 14, 2023
Portal aims to create a robust database of key performance metrics of Urban Local Bodies (ULBs) across the country
Nov 13, 2023
The collaborative objective of IICA and LCS & WEICI India is to empower corporate and women entrepreneurs, augmenting their knowledge, skills, and competencies in the effective establishment and management of a diverse workforce
Nov 13, 2023
Loan is to support the GoI’s urban reform agenda for creating high quality urban infrastructure, improving service delivery, and promoting efficient governance systems
Nov 13, 2023
Subject data is based on reporting done by AD Bank in OID portal as on November 07, 2023
Nov 13, 2023
In this case, 9 searches had already been conducted by ED in Mumbai, Ahmedabad, Kandla and Pune
Nov 13, 2023
Out of total 15 cr people employed in MSME sector, 3.4 cr are women
Nov 11, 2023
NHAI has been working closely with Highway Operators Association of India (HOAI), SBI General Insurance and AON India Insurance to implement this initiative
Nov 11, 2023
AD Category-I banks may bring the contents of this circular to the notice of their constituents and customers concerned
Nov 11, 2023
ED initiated investigation on the basis of FIR registered by the Vigilance and Anti-Corruption Bureau (VACB), Wayanad, Kerala against the Governing Body members and bank officials
Nov 10, 2023
The prosecution complaint alleges that Foreign Currency/ Foreign Exchange equivalent to Rs 54 Crore was illegally taken out of India
Nov 10, 2023
Policy Framework Will Pave the Way for Wider Government Outreach in the Digital Era
Nov 10, 2023
Refunds amounting to Rs1.77 lakh crore issued up to 09.11.2023 for the current FY
Nov 10, 2023
The RBI, in exercise of powers conferred on it under Section 45-IA (6) of the RBI Act, 1934, has cancelled the CoR of the concerned 6 NBFCs and 2 HFCs
Nov 10, 2023
THE accused include public servants of Central Railway and private persons; CBI conducted searches at around 8 places in & around Mumbai
Nov 09, 2023
'Fully Accessible Route' for investment by non-residents in Government Securities – Inclusion of Sovereign Green Bonds
Nov 09, 2023
The NITI Aayog's workshop aims to raise awareness of the significance of India's contribution to the agenda of reforming MDBs
Nov 09, 2023
INDUS-X Educational Series named Gurukul launched
Nov 09, 2023
The investment demonstrates the United States' enduring commitment to Sri Lanka's economic growth and its regional economic integration, including with India
Nov 09, 2023
World Intellectual Property Indicators Report: Record 3.46 Mn Patent Applications Filed Worldwide in 2022
Nov 08, 2023
Master Direction on Information Technology Governance, Risk, Controls and Assurance Practices
Nov 08, 2023
6 customers emerge winners of Rs 10 lakh under Mera Bill Mera Adhikaar Scheme of CBIC
Nov 07, 2023
NITI Aayog CEO: India should integrate into global value chains and adapt swiftly to emerging trading systems
Nov 07, 2023
The IFR 2023, with "Connecting the Last Mile" as its theme, provides an in-depth assessment of non-banking financial companies (NBFCs) in India
Nov 07, 2023
Aspiration to produce 300 million ones of steel annually by 2030
Nov 07, 2023
This action is based on deficiencies in regulatory compliance
Nov 06, 2023
Companies such as Amul, ITC, Mondelez, Kellogg's, AB InBev, IB Group, Balaji Wafers, Ananda Dairy, Fertis, and Bikanerwala are among the signatories
Nov 06, 2023
The first ore for processing at Paddington Gold Mine is scheduled for CYQ1, 2024, and it is poised to become a significant contributor to India's gold production landscape
Nov 06, 2023
Tools like Synthetic Technology, Genome Editing, Microbial Bioresources and Metabolic Engineering are now talked about more often: S&T Minister
Nov 06, 2023
Action follows investigations conducted by the ED against illegal betting app syndicate and subsequent raids on Mahadev Book in Chhattisgarh
Nov 06, 2023
The workshop uncovered a wide-range of topics that are relevant to India when it comes to harnessing D4D to accelerate our work towards meeting the SDGs
Nov 05, 2023
Today India is among the top 3 in the world of startups. Today, India is creating the world's largest skilled pool. Today, India has overcome every challenge and become number one in digital transactions
Nov 05, 2023
Workshop is part of the series of G20 Feeder Thematic Workshops
Nov 04, 2023
CBSE India to open a regional office in Dubai for the benefit of the Indian diaspora: Dharmendra Pradhan
Nov 04, 2023
PM Modi provided Seed Capital Assistance to over one lakh SHG members
Nov 04, 2023
DPIIT conducts PM GatiShakti Webinar with States/UTs and Line Ministries/Departments
Nov 04, 2023
These actions on the said 4 entities are based on deficiencies in regulatory compliance
Nov 03, 2023
CBFC and I&B officers authorised to direct blocking/take down of any website/App/link carrying pirated filmic content
Nov 03, 2023
proposals of semiconductor research, next generation communication technologies/networks/systems, cyber-security, sustainability and green technologies and Intelligent Transportation Systems will be considered
Nov 03, 2023
The Conference discussed the growing development cooperation modality where a developed country and a developing country join hands with their respective expertise to implement developmental projects in third developing countries
Nov 03, 2023
Mishra will look after enforcement department, risk monitoring department, department of external investments & operations
Nov 02, 2023
Data on lending and deposit rates of scheduled commercial banks (SCBs) (excluding regional rural banks and small finance banks) received during the month of October 2023
Nov 02, 2023
The window for deposit and / or exchange the Rs2000 banknotes continues to be available at the 19 Issue Offices of RBI
Nov 02, 2023
The Financial Action Task Force (FATF) vide public document 'High-Risk Jurisdictions subject to a Call for Action' – October 2023
Nov 02, 2023
Brief: India Exim Bank celebrated the listing of its maiden 10-year US$ 1 billion Sustainability Bond on Wednesday
Nov 02, 2023
Nationwide Campaign 2.0 embodies 'Whole of Government' approach by bringing all stakeholders on one platform
Nov 01, 2023
First workshop in the G20 Feeder Thematic Workshops
Nov 01, 2023
FDI companies accounted for an overwhelming majority of the FTCs
Nov 01, 2023
Government of India is considering a $25 Mn investment as capital contribution to the Global Solar Facility
Nov 01, 2023
Smt. Nirmala Sitharaman will inaugurate SBI Branches at Trincomalee and Jaffna
Nov 01, 2023
The Reserve Bank of India (RBI) has placed on its website the circular on Regulation of PA-CB
Nov 01, 2023
The new report reveals that tax-to-GDP ratios remained below pre-pandemic levels in 17 of the 33 countries, covered by the report in 2021
Oct 31, 2023
The Reserve Bank of India (RBI) has today placed on its website the circular on Regulation of PA-CB
Oct 31, 2023
Personal loans growth decelerated to 18%
Oct 31, 2023
Guidelines on Closure of Branches and Extension Counters by DCCBs
Oct 31, 2023
RBI shall have the discretion to assess whether the reason/s submitted by the bank are valid and compelling
Oct 31, 2023
These actions on 5 coop banks are based on deficiencies in regulatory compliance
Oct 30, 2023
Goyal urges governments to collaborate on regulatory framework to facilitate cross border trade and supply chains
Oct 28, 2023
The Forum hosts Europe's largest annual conversation on Africa's ongoing, formidable transformation
Oct 28, 2023
The application may be submitted from October 30, 2023 to November 30, 2023
Oct 27, 2023
Functioning of various Sub-Committees discussed
Oct 27, 2023
India registers 19% growth y/y in mango export to USA in 2023-24
Oct 27, 2023
During the current fiscal too, 7.41 crore returns have been filed for AY 2023-24 till date, including 53 lakh new first time filers
Oct 27, 2023
RBI aims to ensure efficient and optimum utilisation of the AA ecosystem
Oct 27, 2023
CICs and CIs are directed by RBI to put in place necessary systems and processes to implement these directions within
Oct 27, 2023
Draft Master Direction
Oct 26, 2023
'Notes and Instructions for compilation'
Oct 26, 2023
CII and the Federation of Saudi Chambers of Commerce signed an MoU to further enhance commercial partnership
Oct 26, 2023
These actions on 3 coop banks are based on deficiencies in regulatory compliance
Oct 26, 2023
This action is based on the deficiencies in regulatory compliance
Oct 25, 2023
CGST officers are using data analysis and network analysis tools to identify and trace the potential fraudsters
Oct 23, 2023
Today, these Jan Dhan Accounts have total balance of more than Rs 2 lakh crore
Oct 21, 2023
Union Minister for Housing and Urban Affairs, Hardeep Singh Puri at the inauguration of BW Hotelier Indian Hospitality Summit, in New Delhi
Oct 21, 2023
Sovereign Gold Bond Scheme
Oct 21, 2023
This action is based on the deficiencies in regulatory compliance
Oct 20, 2023
MoS Finance reviews preparedness with major Private Sector Banks
Oct 20, 2023
Necessary in the public interest
Oct 20, 2023
Monthly Bulletin
Oct 20, 2023
This action is based on deficiencies in regulatory compliance
Oct 20, 2023
Accused invested money into mutual funds.
Oct 19, 2023
Customer Due Diligence
Oct 18, 2023
This action is based on the deficiencies in regulatory compliance
Oct 17, 2023
The RBI action is based on the deficiencies in regulatory compliance
Oct 17, 2023
Investigation in connection with a bank fraud of Rs 56,000 Crore
Oct 17, 2023
Bankers remain upbeat on loan demand during Q4:2023-24 across the major categories of borrowers with some seasonal moderation in Q1:2024-25.
Oct 16, 2023
Income tax department conducted a search & seizure action in the case of some government contractors, real estate developers and their associates on 12.10.2023, according to the PIB press release issued on 16 OCT 2023.
Oct 16, 2023
The RBI action is based on the deficiencies in regulatory compliance.
Oct 16, 2023
Our bi-annual review ‘State of States’ analyses the finances of 21 states, using state budgets and related data
Oct 16, 2023
