Page-2 of Demonitisation
NABARD to disburse Rs 21,000 crore to farmers for Rabi Season
The Union Government has allowed National Bank for Agriculture and Rural Development (NABARD) to disburse Rs 21,000 crore to help cash-starved farmers to sow Rabi crops. The money will be disbursed by NABARD to District Central Cooperative Banks (DCCBs) which ..
Month: Current Affairs - November, 2016
RBI doubles cap on PPIs to Rs. 20,000
The Reserve bank of India (RBI) has increased the per month limit of Prepaid Payment Instruments (PPIs) to Rs. 20,000 from Rs. 10,000 and to Rs. 50,000 for merchant bank. This decision was taken due to sudden increase in demand ..
Month: Current Affairs - November, 2016
Union Government constitutes committee to assess the status of demonetisation drive
The Union Finance Ministry has constituted a committee comprising Additional Secretaries, Joint Secretaries and Directors to know status of implementation of demonetisation drive. The committee was formed after the Union Government took decision to scrap 500 and 1000 rupees currency ..