Category Archives: Banking

Yes Bank, Cashkaro to launch first card linked offers program

Cashkaro -indian bureaucracy

Private sector bank Yes Bank announced its tie-up with Cashkaro to launch India’s first Card Linked Offers (CLO) cash-back proposition.The new launch is an innovative customer loyalty platform that provides online and offline shoppers with personalized merchant deals on which shoppers can avail cash-back offers, Yes Bank along with CashKaro will… Read More

Sunil Mehta appointed MD & CEO- Punjab National Bank

Sunil Mehta MD& CEO_ PNB--indian bureaucracy

Shri Sunil Mehta has been appointed as Managing Director and CEO of Punjab National Bank.   Prior to this, Shri Mehta had been Executive Director of Corporation Bank since January 22, 2016. Mr. Mehta also served as General Manager of Allahabad Bank.

Shri Mehta is a Post Graduate in Agriculture and also MBA in Finance, a Certified Associate of Indian Institute… Read More

ICICI Bank launches Eazypay mobile app


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

Girish Shankar gets addl charge as Secy- Commerce Ministry

Girish Shankar- additional charge- Secretary- Commerce Ministry-indianbureaucracy-indian bureaucracy

Shri Girish Shankar IAS (Bihar 1982),presently posted as Secretary, DHI has been given  additional charge of Secretary, Department of Commerce. wishes Shri Girish Shankar  the very best.… Read More

Nai Roshni Scheme

Nai - Roshni

NITI Aayog has conducted an evaluation study on Nai Roshni, the scheme for Leadership Development of Minority Women, in 2015-16 and prepared a report in June, 2016. The main objective of the study was to assess the impact of the scheme on minority women and to identify policy/ programme impediments in implementation of the scheme. The study covered 15 Districts,… Read More

Aadhaar mandatory for pensioners


The Central government made Aadhaar mandatory for central government pensioners, Accordingly, it has launched a massive exercise to encourage them to seed their bank accounts with Aadhaar numbers.

The Aadhar card will be mandatoryl for availing central government pensions.
The Aadhar card is mandatory for availing central government pensions.

Every… Read More

Prime Minister’s address to the Nation


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

Narendra Modi -indianbureaucracy

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

narendar modi-indianbureaucracy

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


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

Urjit R. Patel_indianbureaucracy

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

Urjit Patel_indianbureaucracy

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

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