Category: Finance Ministry

Small Finance and Payment Banks – RBI Guidelines

Small Finance and Payment Banks – RBI Guidelines Ministry of Finance Dated: 17th March, 2017 Small Finance and Payment Banks Reserve Bank of India (RBI) issued guidelines for licensing of small finance banks and payments banks on November 27, 2014 and granted in-principle approvals to 10 applicants to …

Steps taken by Government to curb generation of black money

Steps taken by Government to curb generation of black money. Policy-level initiatives, effective enforcement, robust legislative-administrative frameworks Ministry of Finance Press Release  10-March, 2017 Steps taken by Government to curb the generation of black money Action against black money is an on-going process. Such actions include policy-level initiatives, …