Finance Ministry releases Rs 12,351 cr to 18 States for RLB grant

The Finance Ministry on Wednesday said it has released Rs 12,351 crore to 18 states for providing grants to the rural local bodies. Continue Reading

Centre releases Rs 6K cr to States to meet GST compensation shortfall

The Ministry of Finance has released the weekly instalment of Rs 6,000 crore to the states to meet the GST compensation shortfall. Continue Reading

Centre gives nod to 20 States to mobilise Rs 68,825 crore

The Department of Expenditure, Ministry of Finance, has granted permission to 20 States to raise an additional amount of Rs 68,825 crore through open market borrowings. Continue Reading

Government holds meet on issues related to sugar industry

A meeting on ‘Issues relating to Sugar Industry and Cane Growers of Tamilnadu’ was convened by DFS, Ministry of Finance recently here in the city. The meeting was chaired by Additional Secretary, Banking, DFS, Pankaj Jain. Continue Reading

Indian Overseas Bank conducts zonal level meet

As per the instructions issued by Department of Financial Services, Ministry of Finance, the first stage of the bottom up consultative process designed to generate ideas and review performance of the branches and their alignment with the national priorities was conducted in Chennai on 17 and 18 August by Indian Overseas Bank in the presence of MD and CEO, Karnam Sekar involving all the branches within the region’s jurisdiction. Continue Reading