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
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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
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
Cashless transactions exceed paper-based transactions
India’s journey towards becoming a cashless economy seems smooth, at least going by the figures released by RBI on virtual…
08 DEC 2015
Budget 2015: Govt may infuse Rs 18000 crore in PSBs next fiscal
The Centre may infuse about Rs 18,000 crore into public sector banks next fiscal, as a number of lenders have…
23 FEB 2015
Arun Jaitley pitches for more autonomy to PSU banks
Finance Minister Arun Jaitley has pitched for more autonomy to state-owned banks. Jaitley made the comment at a two-day meeting…
05 JAN 2015
