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Finance Ministry clarifies various aspects of PMJDY

The Finance Ministry today issued clarifications regarding various aspects of the Pradhan Mantri Jan Dhan Yojana, PMJDY, for the benefit of account holders under the scheme. A person who already has a bank account with any bank, need not open a separate account under PMJDY. He w...


RTGS business hours increased to 12 hours on weekdays

To promote electronic payments, the Reserve Bank of India has increased the Real Time Gross Settlement (RTGS) business hours to 12 hours from 8 am to 8 pm on weekdays which will come into effect from 29 of this month. The RBI in a circular said that the RTGS system of online fund transfer will be op...


Indian economy has potential to grow at higher rate: Jaitley

Finance Minister Arun Jaitley has said that India has the potential to grow at a higher rate even at a time when the world economy is going through a critical phase. Talking to the students of Stanford University of USA who called on him in his office yesterday, Mr Jaitley mentioned about unexploite...


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"Mann Ki Baat-Part III"

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