Bank Specific
RBI scraps ration card as valid document for opening bank account, Aadhaar card to be considered
The ration card, the government issued booklet for availing of subsidized food under the public distribution service, will no longer be considered as a valid document for opening bank accounts. Aadhaar will now gain prominence as the single universal document for opening a bank account...
Wednesday, July 30, 2014
Wednesday, July 23, 2014
4:03 PM by TESTfundaNo comments
Bank Specific
SBI signs MOU with RML Information Services to provide mobile-based cheap agri updates
State Bank of India has signed a Memorandum of Understanding (MOU) with RML Information Services, provider of Reuters Market Light, under which its customers can avail agricultural updates and information on farm sector developments at a nominal cost. The information will be delivered in SMS form...
Wednesday, July 16, 2014
4:25 PM by TESTfundaNo comments

India
Indian Union Budget 2014-15 announced
Finance Minister Mr. Arun Jaitley presented the Union Budget of India for 2014-15 on 10 July. The total budgeted expenditure estimates including Plan and Non-Plan stand at Rs 17,94,892 crore. Out of this planned expenditure is estimated at Rs 5,75,000 crore whereas...
Wednesday, July 9, 2014
5:45 PM by TESTfundaNo comments

India
Rail Budget 2014-15: Passenger safety of paramount importance.
Union Rail Budget 2014-15 was presented by the Union Railway Minister Sadanand Gowda. This is the first rail budget presented by any Bharatiya Janata Party (BJP) minister.
Highlights:
Highest ever plan outlay of Rs. 65,455 crore...
Wednesday, July 2, 2014
7:26 PM by TESTfundaNo comments
India
National Herald newspaper case: Summons to Sonia Gandhi and Rahul Gandhi
Summon has been issued to Congress President Sonia Gandhi and Rahul Gandhi on charges of misappropriating funds of a company that used to publish the now-defunct National Herald newspaper. The court also summoned Congress leaders Motilal Vora and Oscar Fernandes, Sam Pitroda, who was an advisor to Prime Minister Manmohan...
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