Home » finance ministry

You Searched For "finance ministry"

There are allegation that from November 15 to November 18, the bank manager had issued 149 demand drafts for amounts less than Rs 50,000 in favour of a Pune-based finance company in violation of RBI guidelines.

Govt allows banks to deposit old notes with RBI

Cooperative banks have also been allowed to exchange old currency notes with the RBI.

21 Jun 2017 1:07 PM IST

The agency had retained its negative outlook on mid-sized and smaller PSBs with weak capitalisation.

Government pushes PSBs to explore acquisition of smaller banks

Large PSBs like Punjab National Bank, Bank of Baroda, Canara Bank and Bank of India could look for potential candidates...

18 Jun 2017 1:05 PM IST

Bank customers across the nation have complained that several banks are refusing to accept more than the said amount despite providing detailed explanations. (Photo: PTI/File)

Govt keen to push ahead with more PSB consolidation

Merged entity began operation with deposit base of more than Rs 26 lakh cr and advances level of Rs 18.50 lakh cr.

30 April 2017 11:04 AM IST

Union Finance Minister Arun Jaitley during a conversations on C Peter Mc Colough Series on International Economics at Council on Foreign Relations in New York City. (Photo: PTI)

FIPB abolition in final stages: Arun Jaitley

Govt is yet to announce the modalities of the new system of processing applications which fall under the approval route.

28 April 2017 1:48 PM IST

Union Minister for Railways Suresh Prabhu (Photo: PTI)

I voluntarily gave up Rail Budget: Suresh Prabhu

Rail Minister reveals his vision for making public transport in country more efficient and profitable.

26 April 2017 6:14 PM IST

Economic Affairs Secretary Shaktikanta Das. (Photo: ANI/Twitter)

RBI pumps in Rs 5.5 lakh crore in markets: Das

The Secretary stressed that the government is providing money to farmers keeping in mind requirement of their crop...

17 Dec 2016 6:48 PM IST

Old note will continue to be accepted for the other utility bill payments as well as at railway ticketing counters and counters of government or public sector undertaking buses for purchase of bus tickets till December 15

Illegal transaction: 27 officials of PSU banks get suspended

Even revenue intelligence officials are visiting many banks secretly to unearth any illegal activity.

3 Dec 2016 6:44 AM IST

Daily commuters complained that the move will make their everyday commute harder due to cash crunch in the market and scramble for change will be another hassle.

Delhi Metro won't accept scrapped notes from today

The finance ministry on Friday said that the move has come in the wake of decline in the receipt of old currency notes.

10 Dec 2016 2:58 AM IST

Union Finance Minister, Arun Jaitley addressing a press conference after the 5th Goods and Services Tax (GST) Council meeting in New Delhi. (Photo: PTI)

Govt departments' payments above Rs 5,000 to be digital

All ministries and departments were told to encourage their employees to go for digital transactions.

6 Dec 2016 5:19 AM IST

Finance Minister Arun Jaitley

Govt departments asked to make e-payments

Finance ministry has lowered threshold for making such payments from Rs 10,000 to Rs 5,000.

5 Dec 2016 5:09 PM IST