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Page-3 of Topic: Finance in India

India’s first sentiment index “CriSidEx” for micro and small enterprises launched

Arun Jaitely, the Union Finance Minister, has inaugurated India’s first sentiment index “CriSidEx” for micro and small enterprises in New Delhi. CriSidEx, which is developed jointly by SIDBI...

February 3, 2018

NABARD signs pact with SBI to promote Joint Liability Groups in Bengal

The State Bank of India (SBI) and NABARD have signed an agreement with 5 NGOs in Bengal for the promotion of 2,500 Joint Liability Groups (JLGs) in select...

January 4, 2018

NK Singh to be chairman of 15th Finance Commission

Under the chairmanship of NK Singh, who is the former bureaucrat and ex-Member of Parliament, the 15th Finance Commission has been constituted by the Union Government. The Commission...

November 28, 2017

Reserve Bank of India (RBI) released its 4th bi-monthly monetary policy statement for year 2017-18

The Reserve Bank of India (RBI) has recently released its 4th bi-monthly monetary policy statement for the year 2017-18. As per the monetary policy statement, the policy repo...

October 4, 2017

Rajnish Kumar

Rajnish Kumar (born January 1958) is an Indian banker and corporate leader best known for serving as the Chairman of the State Bank of India (SBI) from October...

October 4, 2017

The Ujjivan Small Finance Bank (SFB) Ltd received ‘Scheduled Bank’ status by RBI

The Ujjivan Small Finance Bank (SFB) Ltd, a wholly-owned subsidiary of Ujjivan Financial Services Ltd., has been included in the Second Schedule to the Reserve Bank of India...

September 1, 2017

Arun Jaitley to chair 17th meeting of Financial Stability and Development Council (FSDC) was held

Arun Jaitley, the Union Finance Minister, has chaired the 17th meeting of the Financial Stability and Development Council (FSDC) in New Delhi on August 22, 2017. The Council...

August 23, 2017

Mohammad Mustafa appointed as new CMD of Small Industries Development Bank of India (SIDBI)

Mohammad Mustafa, a 1995 batch IAS officer of Uttar Pradesh cadre, has been appointed as the new Chairman and Managing Director (CMD) of Small Industries Development Bank of...

August 4, 2017

Reserve Bank of India (RBI)’s 3rd bi-monthly monetary policy statement for year 2016-17

According to the Reserve Bank of India (RBI)’s 3rd bi-monthly monetary policy statement for year 2016-17, the policy repo rate under the Liquidity Adjustment Facility (LAF) has reduced...

August 2, 2017

Central Bank auctions Treasury Bills under MSS

Reserve Bank of India today auctioned 35-days Treasury Bills worth Rs. 60,000 Crores under the aegis of Market Stabilization Scheme as a step to clean the extra liquidity...

December 6, 2016

RBI revises Market Stabilisation Scheme (MSS), raises ceiling to Rs. 6L crore

In a major move to deal with extra liquidity created in the system due to the demonetisation drive, the Central government as per the directions of the Reserve...

December 3, 2016

Srikrishna committee: ‘Common regulator for financial sector’

As per the suggestions made by Financial Sector Legislative Reforms Commission (FSLRC), headed by former Justice B. N. Srikrishna, key regulators such as the Securities and Exchange Board...

October 4, 2012

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