User: anushyab Topic: Urban Economic Growth Development
Category: Banking
Last updated: Jul 18 2019 18:31 IST RSS 2.0
 
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BEFI demands centre to enact ‘new law’ against wilful defaulters 18.7.2019 Central Chronicle
Hyderabad,  Bank Employees Federation of India (BEFI), Telangana, here on Thursday demanded that the Central government should enact a ‘new law’ for enforcement of criminal proceedings against wilful defaulters who had failed to repay the banks loans in the country. In a statement issued on the occasion of Golden Jubilee year of Banks’ Nationalization on […]
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PSBs Branches in Rural Areas for Success of PMJDY 16.7.2019 Govt of india: PIB
Under Pradhan Mantri Jan Dhan Yojana (PMJDY), account holders are provided banking services free of charge and without any requirement of maintaining minimum balance. As per the information provided by banks, district-wise number of accounts opened under PMJDY in Gujarat as on 03.07.
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Revival of Cooperative Societies 15.7.2019 Govt of india: PIB
Cooperative Societies is a State Subject under Entry 32 of the State List of Seventh Schedule of the Constitution of India. National Bank for Agriculture and Rural Development (NABARD) has informed that the functioning of Cooperative Banks is guided by the Cooperative Societies Act of the respective States.
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Usage of Financial Instruments 15.7.2019 Govt of india: PIB
As per the NABARD All India Rural Financial Inclusions Survey (NAFIS) 2016-17, 50.6% of all households (including agricultural and non-agricultural households) in Tier-III to Tier-VI centres with population of less than 50,000 affirmed to have saved any money during one year preceding date of survey.
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Retail inflation rose to 3.18% in June, shows government data 12.7.2019 Scroll.in - News that matters
Meanwhile, industrial production fell from 3.4% in April to 3.1% in May.
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Waiving off Loans of Farmers in Drought Prone Areas 9.7.2019 Govt of india: PIB
State-wise details of agriculture credit disbursement as reported by the National Bank for Agriculture and Rural Development (NABARD) during the year 2018-19 (provisional) is given in Annexure. There is no proposal under consideration of the Union Government to waive off loans of farmers.
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IMA scam: SIT arrests Bengaluru deputy commissioner on corruption charges 8.7.2019 Scroll.in
The IAS officer allegedly took a bribe of Rs 1.5 crore in exchange of a favourable report.
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IAS Officer Arrested On Corruption Charges In Bengaluru 8.7.2019 NDTV News - Cities
The special investigation team (SIT) probing the Bengaluru-based IMA group ponzi scam has arrested the deputy commissioner of Bengauru urban district BM Vijay Shankar on charges of receiving Rs 1.5...
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What a 2,000-year-old Greek merchant’s manual tells us about the Indian monsoon and oceanic trade 8.7.2019 Scroll.in
The ‘Periplus of the Erythraean Sea’ shows how India has been part of an interconnected global network for millennia.
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Bank Cashier Arrested For Stealing 2 Kg Gold, Rs 25 Lakh Cash 8.7.2019 NDTV News - Cities
A bank cashier was arrested on Sunday in Andhra Pradesh's Krishna district allegedly after the recovery of 2 kg gold and Rs 25 lakh in cash he had stolen from the branch, the police said on Sunday.
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Key Highlights of Union Budget 2019-20 5.7.2019 Govt of india: PIB
The Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman made her maiden Budget Speech today and presented the Union Budget 2019-20 before the Parliament. The key highlights of Union Budget 2019 are as follows:   10-point Vision for the decade Building Team India with Jan Bhagidari: Minimum Government Maximum Governance.
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Boost to housing sector can create job opportunities: Keki Mistry 5.7.2019 DNA
Interview with vice chairman and CEO, HDFC
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Suo Moto Statement by Finance Minister on Medium of Examination for Direct Recruitment to Certain Levels in Regional Rural Banks 4.7.2019 Govt of india: PIB
At present, there are 45 Regional Rural Banks (RRBs) functioning in the country having a total staff strength of around 90 thousand employees. Institute of Banking Personnel Selection (IBPS) conducts Common Recruitment Process (CRP) for Recruitment of Officers (Scale-I, II & III) and Office Assistant (Multipurpose) in RRBs on an all India basis in English and Hindi medium.
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IBPS RRB Registration Ends Today 4.7.2019 NDTV News - Latest
IBPS RRB registration link is available at ibps.in.
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Budget 2019-20: Unique opportunity to fast track economy (Guest Column) 3.7.2019 Sify Finance
-events since many of the key policy steps were taken outside the ambit of the annual exercise. However, this years Budget, slated to be presented on July 5 by the second lady Finance Minister of India, may turn out to be different since it provides a unique opportunity for th new government to address the multiple challenges facing the economy.
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Budget may not be able to provide fiscal stimulus: Kotak 3.7.2019 Sify Finance
The government may not be in a position to provide meaningful fiscal stimulus to the economy through the upcoming Union Budget given India's weak fiscal position, a report said on Wednesday.
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50 Raids, 18 Cities, 14 Cases: CBI "Special Drive" Against Banking Fraud 2.7.2019 NDTV News - India-news
The CBI Tuesday launched a special drive in connection with banking scams across the country and registered 14 cases, officials said.
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Debit card and e-commerce system launched 26.6.2019 The Assam Tribune
Debit card and e-commerce system launched
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Small Loan Scheme for Poor People 25.6.2019 Govt of india: PIB
            In terms of Reserve Bank of India guidelines on Priority Sector Lending (PSL) a target of 40 percent of Adjusted Net Bank Credit (ANBC) or Credit Equivalent amount of Off-Balance Sheet Exposures (OBE), whichever is higher, as of preceding March 31st, has been mandated for lending to the priority sector by domestic Scheduled Commercial Banks and Foreign Banks with 20 branches and above.
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The Government of India extends bank loans to Economically Weaker Section (EWS) under various Schemes. 25.6.2019 Govt of india: PIB
In terms of Reserve Bank of India (RBI) Guidelines on Priority Sector Lending (PSL), a target of 40 percent of Adjusted Net Bank Credit (ANBC) or Credit Equivalent amount of Off-Balance Sheet Exposures (OBE), whichever is higher, as of preceding March 31st, has been mandated for lending to the priority sector by domestic Scheduled Commercial Banks and Foreign Banks with 20 branches and above.
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