Tag Archives: monetary

Government Says Monetary Policy Panel Rules To Be Notified In Few Weeks

August 7, 2016 Comments Off on Government Says Monetary Policy Panel Rules To Be Notified In Few Weeks

Currently, the interest rates are decided by the Governor of theReserve Bank of India. New Delhi: Moving ahead with the operationalisation of the interest rate setting monetary policy committee, the Finance Ministry has said it will notify the rules “within few weeks” and thereafter appoint three government nominees. “We are already working on it (on the rules). I think it should not take more than ... Read More »

Ujjivan monetary To invest Rs 300 Crore In technology

June 6, 2016 Comments Off on Ujjivan monetary To invest Rs 300 Crore In technology

New Delhi: Ujjivan economic offerings, which has obtained an in-principle approval from the Reserve bankOf India (RBI) to set up a small finance financial institution, plans an investment of greater than Rs 300crore in era over next five years for center banking solutions. “Took decisive step towards proposed small finance banking operations by way of earmarking extra than Rs300 crore, ... Read More »