New Delhi: Banks are ensuring that their branches remain open and ATMs (automated teller machines) functional with adequate cash amid the nationwide lockdown, according to the Union Finance Minister, here on Monday. Taking to Twitter, Finance Minister Nirmala Sitharaman also said banking correspondents were active. “All banks are ensuring that their branches are kept open, […]
New Delhi: The government on Saturday further relaxed regulatory provisions to operate small savings schemes, allowing Public Provident Fund (PPF) and Sukanya Samriddhi Account (SSA) holders to complete their deposits for FY20 till June 30, 2020. The three-month extension would be subject to the account holders making one deposit while sticking to maximum deposit ceiling […]
Mumbai: The Reserve Bank of India (RBI) Board on Friday approved the transfer of Rs 57,128 crore surplus to the Central government for FY20. The decision was taken at the 584th meeting of the Central Board under the chairmanship of RBI Governor Shaktikanta Das, through video conference. The Board reviewed the current economic situation, continued […]
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