Category Archives: Banking

ICICI Bank launches Eazypay mobile app

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Private sector lender ICICI Bank said it has launched mobile app ‘Eazypay’ that enables merchants, retailers and professionals to accept instant cashless payments on mobile phones from their customers through multiple digital modes.

A first-of-its kind application, Eazypay offers customers the improved convenience of paying by using … Read More

Prime Minister’s address to the Nation

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My Dear Citizens,

I hope you ended the festive season of Diwali with joy and new hope. Today, I will be speaking to you about some critical issues and important decisions. Today I want to make a special request to all of you. You may recall the economic situation in May 2014 when you entrusted us with an onerous responsibility. In the context of BRICS, it was being … Read More

Historic announcements on ending corruption and black money by PM

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In a historical move that will add record strength in the fight against corruption, black money, money laundering, terrorism and financing of terrorists as well as counterfeit notes, the Government of India has decided that the five hundred and one thousand rupee notes will no longer be legal tender from midnight, 8th November 2016.

The Government has accepted… Read More

New Anti-Corruption rules cleared by PM

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PM Modi has cleared 10 anti-corruption rules that will make it tougher to act against bureaucrats and will also spare top corporate bosses from bribery charges unless their involvement in wrongdoing is proved in court.

The 10 points of the story:

  1. Officials say the changes will help in the ease of doing business; honest officials will not be deterred from making
Read More

RBI to conduct 8 day Variable Rate Reverse Repo Auction

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The Reserve Bank of India will conduct 8 day variable rate reverse repo auction for a notified amount of 300 billion today (September 06, 2016, Tuesday). The auction will be conducted between 3.00 pm and 3.30 pm as per the revised guidelines on Term Repo Auctions issued on February 13, 2014. Successful offers will be accepted at their respective offered rates.… Read More

Urjit R Patel takes charge as RBI Governor

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Dr. Urjit R. Patel assumed charge as the twenty-fourth Governor of the Reserve Bank of India effective September 4, 2016 after serving as Deputy Governor since January 2013. He was re-appointed as Deputy Governor on January 11, 2016 after completion of his first three-year term of office. Among his assignments as Deputy Governor, Dr. Patel chaired the Expert… Read More

Urjit Patel appointed new RBI Governor

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The government has appointed Dr Urjit Patel to replace Shri Raghuram Rajan as the RBI governor. Urjit Patel will take charge on September 4, the day Raghuram Rajan completes his three-year term. Rajan had announced in June that he would step down in September and return to academia after a single three-year term at the RBI. Patel has been known as ‘inflation… Read More

Indian Bureaucracy wishes its Esteemed Readers a Happy Independence Day

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Dear Esteemed Reader, we started just 10 months back in 2015 and are sincerely happy and thankful for the support & blessings that you have given us.

With unique visitors of 3000+ and an average stay of 3.14 minutes per person , we presume that we are in the right track in providing news updates and Editorials, Health Papers and Defence News.

We look forward … Read More

IndianBureaucracy.com wishes its Esteemed Readers a Happy Independence Day 2016

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Dear Esteemed Reader, we started just 15 months back in 2015 and are sincerely happy and thankful for the support & blessings that you have given us.

With unique visitors of 8000+ , Hits of 1.5 lacs a week, and an average stay of 2.14 minutes per person , we presume that we are in the right track in providing news updates and Editorials, Health Papers , Defence … Read More

Indian Bureaucracy wishes its Esteemed Readers a Happy Independence Day 2016

Indepenceday_indianbureaucracy

Dear Esteemed Reader, we started just 10 months back in 2015 and are sincerely happy and thankful for the support & blessings that you have given us.

With unique visitors of 3000+ and an average stay of 3.14 minutes per person , we presume that we are in the right track in providing news updates and Editorials, Health Papers and Defence News.

We look forward … Read More

Implementation of National Pension System in Central Autonomous Bodies

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A conference on implementation of National Pension System (NPS) in Central Autonomous Bodies (CABs) was organised by PFRDA at New Delhi. The prime objective of the conference was to understand and address the concerns of the Central Autonomous Bodies who have not yet registered for NPS.

Shri Hemant Contractor, Chairman, PFRDA in his key note address stressed… Read More

1st Annual Meeting of Board of Governors of BRICS New Development Bank

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The First Annual Meeting of the Board of Governors of the BRICS New Development Bank was held Shanghai, China. The New Development Bank (NDB) has completed one year since its establishment in 2015. Since its establishment, the policies of operations have been put in place, projects for all five member countries have been approved and the Bank has completed… Read More