Private sector AU Small Finance Bank (SFB) signed a pact with the National Bank for Rural and Development (NABARD) on September 29, 2021 in a bid to boost...
Reserve Bank of India (RBI) has moved out the public sector lender Indian Overseas Bank (IOB) from Prompt Corrective Action (PCA) framework after its financial and credit profile improved. Key Points...
Centre government notified the rates and guidelines for Remission of Duties and Taxes on Exported Products (RoDTEP) export incentive scheme. Key Points This scheme for zero rating of...
Rasmi Ranjan Das, a Joint secretary of the Finance Ministry has been appointed to the UN tax committee as a member for the term period 2021 to 2025....
Union government has approved PMGKY 4.0 to allocate additional food grain for another period of five months from July 2021 to November 2021. Key Points Pradhan Mantri Garib...
The Government of India recently appointed T Rabi Shankar as the fourth Deputy Governor. About T Rabi Shankar T Rabi Shankar is in charge of fintech, payment system,...
The Ministry of Finance recently announced that it is to provide Rs 15,000 crores to the states for their Capital Expenditure for 2021-22. This is being provided as...
The Ministry of Finance has launched several schemes in past seven years which comprise of several special provisions that empowers the women. One such scheme is “Stand-up India...
The finance ministry has allowed all the private sector banks to participate in business related to government such as small savings schemes and collection of taxes pension payments....
Andhra Pradesh has become the second State to implement the power sector reforms that was put forward by the Department of Expenditure, Ministry of Finance. Highlights The state...
Union Finance Minister Nirmala Sitharaman tabled the Economic Survey 2020-21 in the Lok Sabha on January 29, 2021. Highlights The Economic Survey 2021 presented an estimation of the...
Rajasthan has become the 5th state in the country to successfully complete the Urban Local Bodies (ULBs) reforms. This was specified by the Department of Expenditure, Ministry of...
