FM allocates Rs 25,000cr for state-run banks’ recapitalisation
Announcing the Union Budget 2016, the Finance Minister, Arun Jaitley, has allocated Rs 25,000 crore towards the recapitalisation of high-levels…
01 MAR 2016
Arun Jaitley
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Arun Jaitley
PSB stakes lowered to 51 %: Jaitley
The government is planning to moot the its stakes of the state-owned banks to 51 per cent while announcing a…
16 FEB 2016
Jaitley inaugurates Non-Tax Receipt Portal
Initiating an innovative way for the Non-Tax receipts, the Union Finance Minister Arun Jaitley inaugurated the Non-Tax Receipt Portal (NTRP),…
16 FEB 2016
RBI to announce monetary policy review in Feb
The central bank will announce its sixth Bimonthly Monetary Policy Review on February 2, the last before presentation of the…
30 JAN 2016
Govt may infuse over Rs.70,000cr capital into PSBs
The Finance Ministry is considering infusing more than the announced Rs 70,000 crore in public sector banks to help strengthen…
25 JAN 2016
India, UK come together for financial services
To build and strengthen their economic cooperation, India and Britain have agreed to come together in a bilateral dialogue for…
23 JAN 2016
Indian elected to Asian Infrastructure Investment Bank board
India’s Dinesh Sharma has been elected to the 12-member board of directors of the China-sponsored Asian Infrastructure Investment Bank (AIIB).…
18 JAN 2016
Bandhan Bank opens its first Lucknow branch
Bandhan Bank, the first example in India of a microfinance entity transforming into a commercial bank, has registered its presence…
16 JAN 2016
Govt’ll roll out startup-friendly tax regime: Jaitley
In a bid to encourage budding entrepreneurs and the new wave of startups, the government will announce a friendly tax regime…
16 JAN 2016
PAN made must for transactions above Rs.2 lakh
To curb the menace of black money and counterfeiting, the Ministry of Finance has issued a mandate for citizens where…
02 JAN 2016
