department of financial services

NEW DELHI: The government is expected to announce a national retail trade policy and an accident insurance schemesoon with a view to supporting GST-registered domestic traders, an official said.The official said the proposed policy would…

In the aftermath of the collapse of Silicon Valley Bank (SVB), a parliamentary panel has called top officials from the finance ministry and the Reserve Bank of India (RBI) on April 3 to discuss the impact on the Indian startup ecosystem.The…

MUMBAI (MAHARASHTRA): The Governor of the Reserve Bank of India Shaktikanta Das on Sunday said the central bank has been taking progressive measures to improve the availability of digital infrastructure for banking services. Governor …

Soon, more than 50 million citizens aged 70 and above, as well as a large number of specially abled people, may get basic banking services in the convenience of their homes, HT's sister website Mint said in a report.The proposalAccording…

The government has modified the collateral-free emergency credit line guarantee scheme (ECLGS) extending the cheaper loan facility to the civil aviation sector to tide over their current cash-flow problems, an official statement said on…

<!-- -->Government has said advance action is underway on privatisation of 2 public sector banksNew Delhi: Advance action is underway for privatisation of two public sector banks in pursuance of the announcement made by Finance…

MUMBAI: Amid the ongoing Russia-Ukraine war, the Central Board of Directors of Reserve Bank of India on Friday discussed the overall impact of current global geopolitical crises on the Indian economy. The 594th meeting of the Central Board…

Union Finance Minister Nirmala Sitharaman on Monday said banks need to focus more on being customer-friendly so that the process of availing credit becomes more hassle-free for borrowers. Photograph: ANI Photo However, the minister made it…

Finance Minister Nirmala Sitharaman will present the much-awaited 2022-23 Union Budget on February 1. While there has been strong recovery in some sectors, touch services like hospitality, tourism and leisure continue to suffer after two…

Industry secretary Anurag Jain said on Sunday that the Department for Promotion of Industry and Internal Trade (DPIIT) will soon approach the Union cabinet to seek its approval for changes in the foreign direct investment (FDI) policy to…