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India’s Foreign Trade Data: December 2020
Ministry of Commerce & IndustryIPosted On: 15 JAN 2021India’s overall exports (Merchandise and Services combined) in April-December2020-21* are estimated to be USD 348.49Billion, exhibiting a negative...
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How do I Open a Demat Account
You can obtain application form from any Depository Participant (DP) registered with Depository and SEBI. To identify the nearest DP available in your locality, you may obtain the contact details from...
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68% of borrowers are unaware of their CIBIL score, reveals Home Credit Survey
♦ Patna reports lowest literacy levels with only 22% of borrowers aware of their CIBIL score, followed by Kolkata (25%) and Mumbai (25%), reveals research conducted to understand Financial Literacy le...
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Momentum of reforms continues during pandemic & will continue: FM
Ministry of FinanceFinance Minister Smt. Nirmala Sitharaman says momentum of reforms continues during the pandemic and will continue; Economy is facing a reset exercisePosted On: 23 NOV 2020 7:14PM by...
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COVID 19 Ex Gratia to borrowers for difference in interest : FAQs
FREQUENTLY ASKED QUESTIONS (FAQs)Date 26th October 20201. What is the ex gratia payment to the borrower under the scheme announced by GoI?The bank/ lending institution will provide ex-gratia payment t...
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Loans of more than Rs. 2 lakh crore sanctioned under ECLGS
Ministry of FinanceGovernment extends Emergency Credit Line Guarantee Scheme by one monthPosted On: 02 NOV 2020 3:17PM by PIB DelhiThe Union Government has extended the Emergency Credit Line Guarantee...
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COVID 19 Ex Gratia to borrowers for difference in interest : FAQs
FREQUENTLY ASKED QUESTIONS (FAQs)COVID 19 Ex Gratia to borrowers for difference in interestDate 26th October 20201. What is the ex gratia payment to the borrower under the scheme announced by GoI?The...
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GIFT IFSC prescribes framework for listing of Depository Receipts
Ministry of FinanceGIFT IFSC prescribes framework for listing of Depository ReceiptsPosted On: 28 OCT 2020The International Financial Services Centres Authority (IFSCA), with an objective to develop t...
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Draft Loan Agreement
To be printed in stamp paper of Rs.______________ (based on the respective Stamp Act applicable) LOAN AGREEMENTLOAN AGREEMENT BETWEENMr A son of Mr. B, residing at (Address of the loan provider) ANDMr...
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2.5 crores subscribers enrolled under APY
Ministry of FinanceAUM through NPS and APY subscribers under Pension Fund Regulatory and Development Authority crosses Rs 5 trillion8,186 corporate enrolments with 10.50 lakhs subscribers till 10th Oc...
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Twenty States allowed to mobilize Rs. 68,825 crore
Ministry of FinancePosted On: 13 OCT 2020The Department of Expenditure, Ministry of Finance, has today granted permission to 20 States to raise an additional amount of Rs.68,825 crore through open mar...
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FM reviews implementation of Aatma Nirbhar Bharat Package
Ministry of FinanceAatma Nirbhar Bharat Package – Progress So FarFinance Minister Smt. Nirmala Sitharaman reviews implementation of Aatma Nirbhar Bharat Package pertaining to Ministries of Finance & C...
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Finance Minister unveils Doorstep Banking Services
Ministry of FinanceFinance Minister unveils Doorstep Banking Services and declares EASE 2.0 Index ResultsPosted On: 09 SEP 2020 7:13PM by PIB DelhiUnion Minister of Finance & Corporate Affairs Smt. Ni...
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Structural Reforms are a Key Priority of Government: FM
Ministry of FinanceAddressing the captains of the Indian Industry, Union Minister of Finance and Corporate Affairs, Smt. Nirmala Sitharaman stressed that structural reforms are a key priority of the g...
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Loans worth more than Rs 1 Lakh crore disbursed under ECLGS
Ministry of FinanceUnder the 100% Emergency Credit Line Guarantee Scheme (ECLGS) backed by a Government of India guarantee, Banks from Public & Private Sectors have sanctioned loans worth over Rs. 1.5...
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Gold Card Scheme for Creditworthy Exporters
Exports play a crucial role in a developing economy like India which attaches considerable importance to export promotion. As a part of the overall strategy of export promotion measures, the Reserve B...
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“Make in India” with “Make for World” should be mantra says PM
Ministry of FinancePM Shri Narendra Modi highlights importance of Aatmanirbhar Bharat in 74th Independence Day speechNational Infrastructure Pipeline Project to play a crucial role in pulling the coun...
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Govt working with RBI on Industry’s need for loan restructuring: FM
Ministry of FinanceGovernment working with RBI on Industry’s need for loan restructuring: Finance Minister Smt. Nirmala SitharamanSays, Reciprocity is a very critical point in our trade negotiations;...
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Issue of SEBI Guidelines To All Mutual Funds In India
Acknowledging the fact that the securities market including mutual funds were worst hit by the impact of COVID-19, the Securities and Exchange Board of India (SEBI) has made an announcement having the...
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Jio – The Hotcake for Foreign Investors – 2020
Ever since the Facebook-Jio Platforms deal has been revealed, the later is witnessing an unending flow of foreign direct investments from various entities. The latest one being the Rs.33,737 crores in...