Friday, September 20, 2019

Audit Firms approved for appointment as Statutory Central Auditors in 25 Public Sector Banks

Names of Audit Firms approved for appointment as Statutory Central Auditors in 25 Public Sector Banks for the year 2016-17 Sr No Auditors appointed for...

Cabinet approved an ordinance to impose penalty & a jail term for people holding...

The Union Cabinet has approved an ordinance to impose penalty and a jail term for people holding demonetized notes of Rs 5,00 and 1,000....

Cash deposit in excess of Rs. 5000 – RBI removes restrictions

RBI has removed following conditions on deposit of cash in demonetised Old Notes of Rs. 500 and Rs. 1000 in bank account, which has...

Currency Ban Latest News by Finance Secretary

1. Farmers can withdraw up to Rs 25,000 per week from the payment they receive for agriculture produce in form of cheque or RTGS. 2....

Move to Supreme Court against de-monetization of 500 & 1000 notes

Two petitions have been filed in the Supreme Court of India challenging the decision of the Central government to de-monetize 500 and 1000 notes. Both...

FAQs on withdrawal of old high denomination Bank Notes

FREQUENTLY ASKED QUESTIONS (FAQs) ON WITHDRAWAL OF LEGAL TENDER CHARACTER OF OLD HIGH DENOMINATION BANK NOTES 1. Why is this scheme introduced? The incidence of fake...

Rs.500 and 1000 Notes cease to be Legal tender – Way Ahead !!!

Way ahead !!! 1. Persons holding old notes of five hundred or one thousand rupees can deposit these notes in their bank or post office...

Master Direction- NBFC Returns (Reserve Bank) Directions, 2016

RBI/DNBS/2016-17/47 Master Direction DNBS.PPD.02/66.15.001/2016-17 September 29, 2016 NOTIFICATION Master Direction- Non-Banking Financial Company Returns (Reserve Bank) Directions, 2016 In exercise of the powers conferred by sections 45 JA, 45K,...

Cabinet approved merger of Rail Budget with General Budget – Now a Consolidated Budget...

The Union Cabinet has approved the proposal of the merging of Union Finance Budget and Railway Budget. Now a Consolidated Budget shall be presented...
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