Supreme Court orders ED action against 800 errant firms
The Supreme Court appointed Special Investigation Team (SIT) on black money has ordered the Enforcement Directorate (ED) to act against…
23 JUL 2016
Finance Ministry
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Centre infuses Rs 22,915 crore in PSBs
The Centre has infused Rs 22,915 crore in Public Sector Banks (PSBs) to ensure that they can step up credit,…
20 JUL 2016
FinMin nod to 1st round of capital infusion in PSBs likely soon
In line with its announcement earlier, the Finance Ministry is likely to soon clear the first round of capital infusion…
19 JUL 2016
LIC Chairman resigns two years ahead of term
State-run Life Insurance Corporation of India (LIC) chairman S K Roy has reportedly tendered resignation two years before his term…
23 JUN 2016
State-run banks to get Rs. 5,050Cr govt support
The state-run banks are likely to get a sum of Rs.5,050Cr from the Government of India to be spent on…
29 MAR 2016
Interest rates lowered on saving investments
Finance Minister Arun Jaitley has announced the revised interest rates on small saving investments which will result in lower returns.…
22 MAR 2016
Tougher law proposed to tame ponzi schemes
A high-level Inter-Ministerial Group assigned the task to suggest measures to curb ponzi schemes has submitted its report to the government. It has suggested…
14 MAR 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
PMJDY accounts deposits cross Rs 30,000 crore
Ushering financial stability as well as generating a huge deposit amount for those who cannot afford it, the government’s flagship…
23 JAN 2016
Govt nominates Anna Roy on board of Bank of India, IIFCL
Anna Roy, Joint Secretary in Finance Ministry has been nominated as government nominee on the board of Bank of India…
21 SEP 2015
