RBI keeps repo rate unchanged at 4%
RBI keeps repo rate unchanged at 4% The six-member monetary policy committee of the Reserve Bank of India (RBI) headed by Governor Shaktikanta Das, has decided to keep key lending …
RBI keeps repo rate unchanged at 4% The six-member monetary policy committee of the Reserve Bank of India (RBI) headed by Governor Shaktikanta Das, has decided to keep key lending …
IMF revises GDP growth forecast of India to 12.5% for FY22 The International Monetary Fund (IMF) has projected India’s economic growth as given below: FY22 – 12.5% FY23 – 6.9% …
RBI Deputy Governor BP Kanungo retires The senior-most deputy governor of the Reserve Bank of India, Shri BP Kanungo has retired upon completion of his one-year extension on April 02, …
World Bank approves project worth USD 32 million to boost health services in Mizoram The Board of Executive Directors of World Bank has approved a USD 32 million project to …
World Bank & AIIB approve loan worth USD 300 million for canal-based drinking water projects in Punjab The World Bank and Asian Infrastructure Investment Bank (AIIB) have approved loan worth …
UNESCAP Projects India’s Economic Growth Rate at 7% in 2021-22 The United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP) has estimated the GDP growth rate of India …
PhonePe becomes first player to cross billion-transaction mark on UPI Bengaluru-based digital payments and financial services company, PhonePe has become the first company to cross one billion transactions on Unified Payments …
NPCI transfers Bharat Bill Payments business to its new subsidiary NBBL The National Payments Corporation of India (NPCI) has transferred all its Bharat Bill Payment System (BBPS) transaction business to …
Rating Agency CRISIL has projected India’s GDP growth rate as under: For FY21= -7% For FY22= +11% CRISIL is a subsidiary of American company S&P Global. Points to remember: India’s …
Deadline for Linking PAN-Aadhaar Extended till June, 30 2021 The Central Board of Direct Taxes (CBDT) has extended the last date for the mandatory linking of the Permanent Account Number …
Government announces Rs 14,500 crore capital infusion in 4 PSBs The Central Government has announced to infuse Rs 14,500 crore in four state-owned lenders namely Central Bank of India, Indian …
Government further extends Emergency Credit Line Guarantee Scheme to June 30, 2021 The Central Government has extended the Emergency Credit Line Guarantee Scheme (ECLGS 3.0) by another three months till …
SBI inks USD1 billion loan agreement with Japan Bank for International Cooperation India’s largest lender, State Bank of India, has raised $1 billion from Japan Bank for International Cooperation (JBIC) to …
Union Bank of India launches HPCL Co-branded Credit Card “UNI – CARBON CARD” The Union Bank of India has launched “UNI – CARBON CARD” on March 26, 2021. It is …
RBI extends deadline for processing auto-debit payments by 6 months till September 30, 2021 The Reserve Bank of India (RBI) has extended the timeline for processing recurring online transactions by …
World Bank raises GDP growth projection for India to 10.1% for FY22 The World Bank has revised upward the GDP growth projections for India by 4.7 percentage points to 10.1 …
S&P Global Ratings Raises GDP of India to 11% in FY22 The S&P Global Ratings has revised India’s GDP growth forecast for financial year 2021-22 (FY22) to 11%. Earlier, the …
HDFC Bank Adjudged “India’s Best SME Bank” By Asiamoney HDFC Bank has emerged as the ‘India’s Best Bank for SMEs’ at the Asiamoney Best Bank Awards 2021. The HDFC Bank …
RBI further extends restrictions on PMC Bank for 3 months till 30 June 2021 The Reserve Bank of India (RBI) has once again extended the restriction imposed on scam-hit Punjab …
Finance Minister Nirmala Sitharaman virtually launches Central Scrutiny Centre and IEPFA mobile App The Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman virtually inaugurated Central Scrutiny Centre (CSC) …