RBI keeps repo rate unchanged
AMN The Reserve Bank of India today decided by a majority of 4:2, to keep the policy repo rate unchanged at 6.50 per cent for the eleventh time in a…
BOB launches‘ Baroda Mahila Swavalamban’ and ‘Baroda Smart OD’
– Baroda Mahila Swavalamban is a loan scheme designed especially for Women-led MSMEs with Tailor-Made Financial Solutions for Growth – Baroda Smart OD is a digital overdraft facility, providing quick…
EPFO registers significant increase in its investible corpus
AMNThe Employees’ Provident Fund Organisation (EPFO) has reported a significant increase in its investible corpus, which has more than doubled over the past five years, reaching an impressive ₹24.75 trillion.…
Lok Sabha passes Banking Laws Bill allowing four nominees in bank accounts
AMN / NEW DELHI The Lok Sabha has passed the Banking Laws (Amendment) Bill, 2024. The Bill seeks to amend the Reserve Bank of India Act, 1934, the Banking Regulation…
43,30,121 accounts opened under Mahila Samman Savings Certificate Scheme (MSSC) till 31.10.2024
The Mahila Samman Savings Certificate Scheme (MSSC) was launched on 31.03.2023 to commemorate the ‘Azadi ka Amrit Mahotsav’ exclusively for the women and minor girls, and so far, 43,30,121 accounts…
INDIAN REVENUE SERVICE (IRS) PLAYS A VITAL ROLE IN THE NATION’S PROSPERITY: LOK SABHA SPEAKER
AMN / NEW DELHI Lok Sabha Speaker Om Birla today stressed that India has the best taxation system in the world, characterized by transparency, rule of law, and stability in…
UPI sets new record of 16.58 billion financial transactions in October
AMN The Finance Ministry has said that the Unified Payments Interface, UPI achieved a milestone by processing nearly 16.58 billion financial transactions in a single month in October this year.…
India, ADB sign $98 million loan to promote plant health management in horticulture
Plant health management promoted through the project will also help farmers adapt to climate change, as rising temperatures not only cause extreme weather events but also affect pest and disease…
Rupee settles at 84.33 against dollar
In the Forex market, the rupee today ended five paise lower to settle at 84 rupees and 33 paise against the US dollar, as the greenback strengthened following US President-elect…