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Category Archives: Banking

Approval for creation of a post of Dy Comptroller and Auditor General in the CAG Office

The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has given its approval to create one post of Deputy Comptroller & Auditor General (Coordination, Communication and Information System) in Pay Level-17 (by abolishing one STS level post) in the Office of the Comptroller & Auditor General of India.

The Deputy Comptroller &… Read More

NITI Ayog presentation to Fifteenth Finance Commission on Performance Based Grants

NITI Aayog

The 2nd meeting of the 15th Finance Commission with the NITI Aayog was held here today.  The Aayog including  its Vice Chairman Dr. Rajeev Kumar,  Members, CEO and other Senior Officials,  interacted with the Finance Commission  including Chairman Shri N.K. Singh, Members and Senior Officials.

The NITI Aayog put forth suggestions for the 15thRead More

NTPC signs ₹2000 crores Term Loan with Canara Bank

ntpc, canara bank term loan 2000

Indian Bureaucracy PSU News | A term loan agreement for ₹2000 crore was signed with Canara Bank on 5th April, 2019. The loan facility extended at an interest rate linked to 3-Month MCLR of the Canara Bank. This loan has a door to door tenure of 15 years and will be utilised to part finance the capital expenditure of NTPC. The loan agreement was signed by Shri AK GautamRead More

Ministry of Finance | GST Revenue collection for March, 2019 crosses Rupees One Lakh Crore

Ministry of Finance | GST Revenue collection for March, 2019 crosses Rupees One Lakh Crore
Summary | GST Revenue collection for March, 2019 crossed Rupees One Lakh Crore and recorded Highest Collections in the FY 2018-19

Total Gross GST revenue collected in the month of March, 2019 is Rs. 1,06,577 crore of which CGST is Rs. 20,353 crore, SGST is Rs.27,520 crore, IGST is Rs.50,418 crore (including Rs. 23,521crore collected on

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VB Singh IES approved for promotion to Senior Administrative Grade

Indian Economic Service

Shri V B Singh IES (1985) has been approved for empanelment for promotion to the Senior Administrative Grade (SAG) in the Indian Economic Service for the panel year 2011-12 by the Appointments Committee of the Cabinet (ACC) .

Shri Singh has handles many profiles including  Assistant Director- Labour Bureau – Chandigarh, Programme Evaluation Officer-… Read More

MoU between IBBI and SEBI | Better implementation of Insolvency and Bankruptcy Code

SEBI

The Insolvency and Bankruptcy Board of India (IBBI) signed a Memorandum of Understanding (MoU) today with the Securities and Exchange Board of India (SEBI).

The IBBI and the SEBI seek effective implementation of the Insolvency and Bankruptcy Code, 2016 (Code) and its allied rules and regulations, which have redefined the debt-equity relationship … Read More

Ajay Vyas appointed ED- UCO Bank

Ajay Vyas ED UCO Bank

Shri Ajay Vyas presently General Manager (GM), Central Bank of India has been appointed as Executive Director (ED) in UCO Bank, initially for a period of three years.

Indian Bureaucracy Dot Com wishes Shri Ajay Vyas the very best.… Read More

Four ICAS Officers of 1995 batch empanelled as Joint Secretary | Bureaucracy News

ICAS Appointments | Indian Bureaucracy News Update – In a circular dated 12.03.19, the Government has empanelled 4 Indian Civil Accounts Service (ICAS) Officers of 1995 batch Viajay Kumar Singh ICAS, Bhaskar Verma ICAS,  Nitesh Kumar Mishra ICAS and Eddie Lalrinliana Khawlhring  ICAS for holding the post of Joint Secretary or equivalent… Read More

Radha R Sharma Re-nominated as Non-official Director, Allahabad Bank

Radha R Sharma

Prof.(Dr.) Radha R Sharma has been Re-nominated as Non-official Director on the Board of Directors of Allahabad Bank under section 9(3)(h) of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970, for a period of one year.

Indian Bureaucracy Dot Com wishes Prof.(Dr.) Radha R Sharma the very best.… Read More

Amit Chatterjee re-nominated as Non-official Director, UCO Bank

UCO Bank

Shri Amit Chatterjee has been Re-nominated as Non-official Director on the Board of Directors of UCO Bank under section 9(3)(h) of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970, for a period of one year.

Indian Bureaucracy Dot Com wishes Shri Amit Chatterjee the very best.… Read More

Hasmukh Adhia IAS appointed Non-Official Director & Non-Executive Chairman, Bank of Baroda

Hasmukh Adhia IAS

Dr. Hasmukh Adhia IAS (Retd) (Gujarat 1981) has been appointed as part-time Non-Official Director as well as Non-Executive Chairman on the Board of Bank of Baroda for a period of three years from the date of notification, or until further orders, whichever is earlier, under the provisions of clause (h) of section 9(3) of the Banking Companies (Acquisition … Read More