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Arun Jaitely resumes charge of Ministry of Finance & Corporate Affairs
Press Information Bureau Government of IndiaMinistry of FinanceDated: 23-August-2018The Union Minister Shri Arun Jaitely today resumes the charge of Ministries of Finance and Corporate Affairs The Uni...
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Piyush Goyal gets interim charge of finance in Cabinet reshuffle
Press Information Bureau Government of India President’s SecretariatDated: 14-May-2018PRESS COMMUNIQUEThe President of India, as advised by the Prime Minister, has directed the following reallocation...
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Rate of interest w.e.f. 01.01.2018 to 31.03.2018 on small savings schemes
Rates of small savings schemesThe revised Rates of Interest on various Small Savings Schemes Including Saving Deposits, Public Provident Fund, Kisan Vikas Patra and Sukanya Samriddhi Accounts Scheme f...
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India’s Growth Story Since 1990s Remarkably Stable & Resilient: World Bank
Sustained acceleration to 8% plus growth will require durable momentum in investments, exports and bank creditThe Indian economy is set to revert to its trend growth rate of 7.5 percent in the coming...
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Fugitive Economic Offenders Act, 2018 as introduced in Lok Sabha
AS INTRODUCED IN LOK SABHABill No. 79 of 2018THE FUGITIVE ECONOMIC OFFENDERS BILL, 2018________ARRANGEMENT OF CLAUSES________CLAUSESCHAPTER IPRELIMINARY1. Short title, extent and commencement.2. Defin...
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Govt proposes single act for PPF & Govt small savings schemes
Press Information BureauGovernment of IndiaMinistry of Finance09-March-2018 17:58 ISTPublic Provident Fund (PPF) accountAt present, premature closure of a Public Provident Fund (PPF) account is permit...
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Govt to leverage Fin tech to enhance financial inclusion of MSMEs
Press Information Bureau Government of India Ministry of Finance 05-March-2018 13:19 IST The Government constitutes a Steering Committee on Fintech related issues to consider various issues relating t...
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Cabinet approves Fugitive Economic Offenders Bill, 2018 to attach property of Fugitive Economic Offenders
Cabinet approves Fugitive Economic Offenders Bill, 2018 Offences worth Rs.100 crore or more under the Bill Property of Fugitive Economic Offenders to be attachedThe Union Cabinet chaired by Prime Mini...
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PNB Scam: CBI Register case against Nirav Modi & others
CBI REGISTERS A CASE AGAINST MANAGING DIRECTOR OF A MUMBAI BASED PRIVATE COMPANIES AND OTHERS INCLUDING THEN BANK OFFICIALS FOR CAUSING AN ALLEGED LOSS OF RS.4886.72 CRORE(APPROX) TO PNB; CONDUCTS SEA...
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PNB clarifies on alleged Scam by Nirav Modi and Gitanjali group
Share Department, Department, Finance Division, HO Plot No. 4 Sector 10, Dwarka, New Delhi-110075Tel Nos : 011-28044866 E-mail : hosd@pnb.co.in Script Code : PNBScript Code : 532461The Asst. Vice Pres...
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PNB issue Caution Notice in Suspected Fraud case; Discloses Modus-Operandi of Suspected Fraud
After discovering the Possibility of Fraud in one of its Branch Punjab National Bank (PNB) has written a letter to MD, Chairman and CEOs of all scheduled banks about the Modus-Operandi of Suspected Fr...
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Government of India makes Amendments in Small Savings Act
Ministry of FinanceGovernment of India makes Amendments in Small Savings Act; Proposes merger of Government Savings Certificates Act, 1959 and Public Provident Fund Act, 1968 with the Government Savin...
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Economic Survey Draws Attention to 10 New Economic Facts on Indian Economy
Ministry of FinanceEconomic Survey Draws Attention to 10 New Economic Facts on Indian Economy Posted On: 29 JAN 2018 1:39PM by PIB DelhiThe Economic Survey presented by the Union Finance Minister Shri...
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Demonitisation has Helped Share of Financial Saving Rise, Says Economic Survey
Ministry of FinanceDemonetization has Helped Share of Financial Saving Rise, Says Economic SurveyPosted On: 29 JAN 2018 12:37PM by PIB DelhiThe highlights of the Investment and Savings situation as br...
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Economic Survey Predicts 7-7.5 Percent Growth in 2018-19
Ministry of FinanceFinance Minister Present Economic Survey 2017-18 in Parliament Real GDP Growth to Clock 6.75 Percent this FiscalEconomic Survey Predicts 7-7.5 Percent Growth in 2018-19Employment, E...
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Economic Survey calls for Fiscal Federalism and accountability to avoid low equilibrium trap
Ministry of FinanceEconomic Survey calls for Fiscal Federalism and accountability to avoid low equilibrium trapPosted On: 29 JAN 2018 12:36PM by PIB DelhiIs there a low equilibrium trap if fiscal fede...
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Recapitalisation of Public Sector Banks
Government announced Indradhanush plan for revamping Public Sector Banks (PSBs) in August 2015. The plan envisaged, inter alia, infusion of capital in PSBs by the Government to the tune of Rs. 70,000...
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FRDI Bill, 2017 seeks to protect & enhance depositors’ existing rights
Financial Resolution and Deposit Insurance (FRDI) Bill, 2017 seeks to protect and enhance the depositors’ existing rights and bring in a comprehensive and efficient resolution regime for financial fir...
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MDR charges on transactions of value less than Rs. 2000 to be subsidized
Press Information Bureau Government of India Cabinet 15-December-2017 17:23 IST Cabinet approves subsidising MDR charges on debit card/BHIM UPI/AePS transactions of value less than Rs. 2000 The Union...
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FRDI Bill do not modify present protections given to depositors
Press Information Bureau Government of IndiaMinistry of Finance07-December-2017 13:49 ISTProvisions of the Financial Resolution and Deposit Insurance Bill, 2017 meant to protect interests of depositor...