Big Announcement Regarding Banks: The Reserve Bank of India and the government are launching several initiatives and campaigns to improve the banking system across the country. There is now significant concern from the Finance Minister regarding banks. Nirmala Sitharaman expressed concern over the slow progress of the computerization of regional rural banks and urged to…
Govt Rolls Back Small Savings Scheme Circular: The Central Government has withdrawn the decision to cut the interest rate on small savings schemes, Finance Minister Nirmala Sitharaman has given this information by tweeting. After this tweet, crores of people have breathed a sigh of relief. The central government has withdrawn the decision to cut the rate…
Finance minister Nirmala Sitharaman announced a slew of measures for extension of statutory and regulatory compliances in view of the coronavirus pandemic spreading its wings and impacting the economy. Allaying fears that there is no economic emergency in the country, she said that the Economic Task Force will soon announce an economic relief package to…
